We provide helicopter transportation services to the oil and air medical industries. (Incorporated in Delaware) 

We are a leading provider of flight services for the global oil and gas exploration and production industry and the air medical industry, based on our fleet of mission-specific and in-demand aircraft, safety track record, long tenure with key customers and nearly 75 years of operating history. We provide safe and reliable transportation of personnel to, from and among offshore platforms for our oil and gas customers, as well as air medical transportation for patients to hospitals and other treatment centers. We believe we are a recognized industry leader in safety across our peer group, with zero accidents in our oil and gas operations from 2018-2022, and the lowest accident and fatality rates among major air medical operators since 2010. We hold a significant market position with our upstream oil and gas customers in the Gulf of Mexico, and we also conduct business in other major international markets, including Australia, Canada, Trinidad, New Zealand, the Philippines, West Africa and the Mediterranean.

In addition to the flight services that we provide our customers, our state-of-the-art 170,000-square-foot Lafayette, Louisiana facility includes a full suite of helicopter maintenance, repair and overhaul (“MRO”) capabilities. Our MRO resources allow us to service, update and modernize our fleet and those of third parties, such as our customers, other fleet operators, original equipment manufacturers (“OEMs”) and certain of our peers. In addition, we license the use of Helipass, our proprietary and industry-leading suite of smart logistics software services for passenger check-in, compliance verification and overall client operations and logistics management. Helipass is available to both our customers and other fleet operators in several locations globally.

We are on the cutting edge of new helicopter deployment and thought leadership, which we believe further differentiates us from our peers. We have a history of being selected by our customers and suppliers to “route-prove” new aircraft models under real world conditions, providing developmental feedback to improve reliability and performance. We have been involved in the development and initial deployment of several airframe types, including the first operational deployment in 2004 of the Sikorsky S-92, a key ‘workhorse’ model for offshore oil and gas operations. More recently, in 2021, Airbus and Shell selected us to route-prove the Airbus H160, a next generation medium helicopter, for offshore use in the United States, and we are seeking to similarly partner with Bell to route-prove its 525 model aircraft in certain markets. Our route-proving activities create synergistic relationships among us, the OEMs and our customers, with PHI at the center, and allows us to learn and refine our operations in collaboration with key industry participants.

As of June 30, 2023, we operated a fleet of 216 aircraft, 107 of which serve offshore oil and gas customers through our PHI Americas and PHI International segments, and 109 of which serve air medical customers through our PHI Health segment. We own approximately 89% of our fleet, which is comprised of 34 heavy helicopters (17 owned), 43 medium helicopters (39 owned), 130 light helicopters (128 owned) and five fixed-wing aircraft (all owned). Additionally, through our PHI Health segment, we operate four customer-owned helicopters. The aircraft we use to serve our oil and gas customers are equipped with highly advanced avionics and have been outfitted to meet the demanding specifications of our customers. In addition, our in-house MRO capabilities allow us to service and refurbish older aircraft and aircraft components to extend the useful life of our fleet, a key differentiator amongst our competitors.

Note: Net income and revenue are for the 12 months that ended June 30, 2023.

(PHI Group filed its S-1 on Oct. 4, 2023. The company submitted confidential IPO documents to the SEC on July 21, 2023.)