reports
Moody's downgrades PHI's CFR to Caa1; outlook negative
Moody's Investors Service (Moody's) downgraded PHI, Inc.'s (PHI) Corporate Family Rating (CFR) to Caa1 from B3, its Probability of Default Rating (PDR) to Caa1-PD from B3-PD and the rating on its senior notes to Caa2 from Caa1. Moody's also downgraded PHI's Speculative Grade Liquidity Rating to ...
Moody's assigns B3 rating to PHI's proposed senior secured notes; chan...
Moody's Investors Service (Moody's) assigned a B3 rating to PHI, Inc.'s (PHI) proposed $500 million senior secured notes due 2023. Moody's also affirmed PHI's B3 Corporate Family Rating (CFR), its B3-PD Probability of Default Rating (PDR) and its Caa1 senior notes rating. Concurrently, Moody's ...
PHI, Inc. Announces Results for the First Quarter Ended March 31, 2018
LAFAYETTE, La.--(BUSINESS WIRE)-- PHI, Inc. (The Nasdaq Select Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended March 31, 2018. Consolidated operating revenues for the three months ended March 31, 2018 were $160.4 million, compared to $134.6 million for the three months ended March 31, 2017, an increase of $25.8 million. Oil and Gas segment operating revenues increased $23.9 million for the three months ended March 31, 2018. This increase is attributable principally to ...
Moody's downgrades PHI's CFR to B3; negative outlook
Moody's Investors Service (Moody's) downgraded PHI, Inc.'s (PHI) Corporate Family Rating (CFR) to B3 from B2, its Probability of Default Rating (PDR) to B3-PD from B2-PD and the rating on its senior notes to Caa1 from B3. The Speculative Grade Liquidity Rating was downgraded to SGL-4 from SGL-2....
PHI, Inc. Announces Appointment of Alan W. Brass to Board of Directors
LAFAYETTE, La.--(BUSINESS WIRE)-- PHI, Inc. (The Nasdaq Select Global Market: PHII (voting) PHIIK (non-voting)) announced the appointment of Alan W. Brass to its Board of Directors effective March 7, 2018. Mr. Brass has been a member of the PHI Air Medical Board of Managers since 2016, leveraging his 42 years of experience working in the healthcare industry. A seasoned leader with profound technology experience, Mr. Brass will build on PHI Inc.’s successes and add additional capabilities around strategic and operational excellence to ...
PHI, Inc. Announces Results for the Year Ended December 31, 2017
LAFAYETTE, La.--(BUSINESS WIRE)-- PHI, Inc. (The Nasdaq Select Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the year ended December 31, 2017. Consolidated operating revenues for the year ended December 31, 2017 were $579.5 million, compared to $634.1 million for the year ended December 31, 2016, a decrease of $54.6 million compared to the year ended December 31, 2016. Oil and Gas segment operating revenues decreased $25.7 million for the year ended December 31, 2017, related pri...
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PHI, Inc. Announces Results for the Third Quarter Ended September 30, ...
LAFAYETTE, La.--(BUSINESS WIRE)-- PHI, Inc. (The Nasdaq Select Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended September 30, 2017. Consolidated operating revenues for the three months ended September 30, 2017 were $150.2 million, compared to $158.1 million for the three months ended September 30, 2016, a decrease of $7.9 million. Oil and Gas segment operating revenues decreased $1.9 million for the three months ended September 30, 2017, related primarily to decreased air...
- Please Change Name John C Forrey
PHI, Inc. Announces Results for the Second Quarter Ended June 30, 2017
LAFAYETTE, La.--(BUSINESS WIRE)-- PHI, Inc. (The Nasdaq Select Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended June 30, 2017. Consolidated operating revenues for the quarter ended June 30, 2017 were $146.4 million, compared to $167.1 million for the quarter ended June 30, 2016, a decrease of $20.7 million. Oil and Gas segment operating revenues decreased $8.5 million for the three months ended June 30, 2017, related primarily to decreased aircraft flight revenues for hea...
- Please Change Name John C Forrey
PHI, Inc. Announces Results for the First Quarter Ended March 31, 2017
LAFAYETTE, La.--(BUSINESS WIRE)-- PHI, Inc. (The Nasdaq Select Global Market: PHII (voting) PHIIK (non-voting)) today reported financial results for the quarter ended March 31, 2017. Consolidated operating revenues for the three months ended March 31, 2017 were $134.6 million, compared to $164.0 million for the three months ended March 31, 2016, a decrease of $29.4 million. Oil and Gas segment operating revenues decreased $16.7 million for the quarter ended March 31, 2017, related primarily to decreased aircraft flight revenu...
INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Conce...
NEW YORK--(BUSINESS WIRE)-- Levi & Korsinsky announces it has commenced an investigation of PHI Inc. (NASDAQ:PHII) concerning possible breaches of fiduciary duty. To obtain additional information, go to: http://zlkdocs.com/PHII-Info-Request-Form-5629 or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you. Levi & Korsinsky is a national firm with offices in New York, Connecticut, Cal...
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