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PHI Group Filed, US Offering, NYSE: ROTR

Provides helicopter transportation services to the oil and air medical industries.

Industry: Industrials

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Industry: Industrials

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. 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).
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IPO Data
IPO File Date 10/04/2023
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Barclays
Goldman Sachs
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Company Data
Headquarters Lafayette, LA, United States
Founded 1949
Employees at IPO 2,549
Website www.phihelico.com

PHI Group (ROTR) Performance