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About
PHI, Inc. helicopter services company, which is engaged in the oil and gas exploration, development, and production industry. It operates through the following segments: Oil and Gas; Air Medical; and Technical Services. The Oil and Gas segment provides helicopter services to oil and gas customers operating in the Gulf of Mexico and two foreign countries. The Air Medical segment provides helicopter services to hospitals and medical programs in several U.S. states, and also to individuals in which case the company is paid by either a commercial insurance company, federal or state agency, or the patient. The Technical Services segment provides helicopter repair and overhaul services for existing flight operations customers. It offers services to the offshore oil and gas, onshore mining, international, air medical, and technical services industries. The company was founded in February 1949 and is headquartered in Lafayette, LA. | |||
Description
PHI, Inc., together with its subsidiaries, provides transportation services to, from, and among offshore facilities for customers in the oil and gas exploration, development, and production industry in the United States and internationally. It operates through three business segments: Oil and Gas, Air Medical, and Technical Services. The Oil and Gas segment provides helicopter services primarily for the integrated and independent oil and gas exploration and production companies, and other offshore oil service companies for routine transportation of personnel and equipment, transportation of personnel during medical and safety emergencies, and evacuation of personnel during the threat of hurricanes and other adverse weather conditions. The Air Medical segment provides air medical transportation services for hospitals and emergency service agencies in 18 states. The Technical Services segment provides helicopter repair and overhaul services for flight operations customers, as well as operates aircraft for the National Science Foundation in Antarctica. It also provides software as a service to certain of its oil and gas customers for passenger check-in and compliance verification. As of December 31, 2016, the company owned or operated 241 aircraft, including 131 dedicated to Oil and Gas operations, 104 dedicated to Air Medical operations, and 6 dedicated to Technical Services operations. PHI, Inc. was founded in 1949 and is based in Lafayette, Louisiana. |