Petroleum Helicopters International
| |||||||
| Founded | 1949 | ||||||
|---|---|---|---|---|---|---|---|
| Fleet size | 259 | ||||||
| Traded as | Nasdaq: PHIIK (non-voting) Russell 2000 Index component | ||||||
| Headquarters | Lafayette, Louisiana | ||||||
| Key people | James Hinch CAO | ||||||
| Website | www | ||||||
Petroleum Helicopters International, Inc. (PHI), is an American commercial helicopter operator, founded in 1949, by Robert L. Suggs. The company is based in Lafayette, Louisiana and provides service for the oil and gas industry, aeromedical services, pilot training and aircraft maintenance.
In October 2017, PHI acquired Helicopters (NZ) from HNZ Group.
On March 15, 2019, the company filed for Chapter 11 bankruptcy.
On June 5, 2019, court-supervised arbitration announced an agreement to force the retirement of CEO Al Gonsoulin and strip him of his shares.