PHII Profile
PHI, Inc. is a Louisiana-based transportation company that provides helicopter transportation and related services to customers in the oil and gas, mining, air medical, and general aviation industries. The company was founded in 1949 and has since grown to become one of the largest helicopter operators in the world, with a fleet of over 250 aircraft and operations in 43 countries.
PHI's primary business is offshore oil and gas transportation, which accounts for the majority of its revenue. The company provides transportation services to oil and gas producers, including transporting personnel and equipment to offshore oil rigs, as well as conducting seismic surveys and other exploration-related activities. PHI also provides air medical transportation services, primarily through its Air Medical Group division, which transports patients to hospitals and medical facilities.
In addition to its transportation services, PHI also provides repair and maintenance services for its helicopters and other aircraft through its Helicopter Maintenance Services division. The company operates a number of maintenance facilities in the US and abroad, and provides a wide range of repair and overhaul services for both its own fleet and third-party customers.
Overall, PHI has a strong reputation in the transportation industry for its safety record and operational reliability. The company's extensive experience in the offshore oil and gas industry has helped it to build a loyal customer base, while its diverse range of services has helped to mitigate the risks associated with fluctuations in oil prices and other market conditions. However, like many transportation companies, PHI faces risks related to regulatory changes, competition, and fluctuations in fuel prices, which could impact its financial performance in the future.
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