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PHIL PHI Group Inc (PK)

0.0003
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
PHI Group Inc (PK) USOTC:PHIL OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0003 0.0002 0.0003 0.0003 0.0002 0.0003 31,874,670 20:29:45

Airbus Helicopters to Be Used by Shell for Support Contract

15/02/2021 12:00pm

Dow Jones News


PHI (PK) (USOTC:PHIL)
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   By Joshua Kirby 
 

Airbus SE said Monday that energy group Royal Dutch Shell PLC has chosen its H160 helicopters for a support contract in the Gulf of Mexico.

The four aircraft will be operated by Louisiana-based PHI Group Inc., the European plane maker said. The contract marks the first time the H160 model has been used in the oil-and-gas sector, the company added.

One of the aircraft will be provided in advance of final deliveries in order to allow PHI and Shell to familiarize themselves with the controls and features. This "will mitigate the normal challenges around entry into service," Airbus said.

 

Write to Joshua Kirby at joshua.kirby@dowjones.com; @joshualeokirby

 

(END) Dow Jones Newswires

February 15, 2021 06:45 ET (11:45 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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