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Msg ID: 2669235 The Real PHI Info +8/-1     
Author:PHI Guy
11/15/2020 2:07:44 PM

Here's a quick breakdown of what's happening with each section of PHI. There will be a webcast on the 19th that may or may not confirm this. None of this is secret information. I made a lot of connections in my 30+ years at PHI that share information and I listen to what is said in group meetings.

Domestic oil and gas (PHI Americas) is actually doing relatively good. Cost cutting actions that have been taken are showing results. Oil and gas is a shadow of what it once was, but those days are gone. If PHI has to be a 45 helicopter operator to be profitable, then that's what PHI will be. 

AMG (PHI Health) took little or no action to cut costs and that lack of action is starting to be noticed by the money people. AMG management has long claimed to be making money, but the very weak internal accounting practices by the former owners is getting sorted out and the house of mirrors AMG business practices are being shattered. AMG leadership has claimed that they don't need any support from the Lafayette facility and were supposed to sever ties in October. AMG stopped paying for a number of services, but did not stop using them. The money people called AMG management out and told to get their house in order and do it NOW! Sounds like AMG management is in full panic mode and making knee jerk decisions that are going to end up costing them in the long run. I would be surprised if AMG is not sold off in the next few months. 

PHI International is pretty much not spoken about at many of the group meetings, other than to say they are making money. 

The PHI Lafayette Hangar and shops is a dying money pit that should have been dealt with years ago. The part 145  may very well lose Part 145 certification if drastic action is not taken soon. The fellow that was protecting the repair station from the money people is gone and things will have to change.   

Msg ID: 2669241 The Real PHI Info +14/-1     
Author:I would say PHI guy
11/15/2020 2:17:36 PM

Reply to: 2669235
Knows a little bit but is filling out his post with things he wants or thinks is going on but in reality is not privy to that information.

Msg ID: 2669269 The Real PHI Info +0/-0     
Author:The old phi ways need to go, and ...
11/15/2020 6:15:48 PM

Reply to: 2669235

so does the  ways of talking "transparency" which Is leading us IFr into CFIT and we know how that ends!

Msg ID: 2669328 The Real PHI Info +2/-0     
Author:What in the hell
11/16/2020 1:08:16 AM

Reply to: 2669269
are you talking about

Msg ID: 2669397 The Real PHI Info +1/-0     
11/16/2020 1:44:09 PM

Reply to: 2669328

We all know how this story ends for PHI dont we.

Msg ID: 2669406 The Real PHI Info +1/-0     
11/16/2020 2:33:01 PM

Reply to: 2669397

they have been in business for over 70 years so...

Msg ID: 2669449 The Real PHI Info +1/-1     
Author:rotor head
11/16/2020 4:55:46 PM

Reply to: 2669406

And Harley Davidson has been in buisness for 117 years and they are about to loose everything

Msg ID: 2669473 The Real PHI Info +0/-1     
Author:Yeah, well
11/16/2020 8:08:40 PM

Reply to: 2669449

if there were no more Harley's and the dirt bags that ride them, the world would be a better place. They aren't even having financial problems, let alone about to "lose everything".

Msg ID: 2669491 The Real PHI Info +0/-0     
Author: .
11/17/2020 3:25:48 AM

Reply to: 2669473

Exactly the kind of blame-everybody-but-ourselves-for-our-problems, and we-don't-have-any-problems-and-therefore-can-keep-our-head-in-the-sand mentalities that brought on PHI's problems in the first place. And, to be fair, most companies in the industry operate just like that. It's just a matter of when their defects will catch up to them, that's all. 

Msg ID: 2669559 The Real PHI Info +0/-0     
11/17/2020 11:29:26 AM

Reply to: 2669473

Harley davidson stock is down 70% and they can sell new bikes to save their lives the only reason they make a profit is sales of Tee shirt sales to posers.

Msg ID: 2669577 The Real PHI Info +0/-0     
Author:Uh no
11/17/2020 12:21:08 PM

Reply to: 2669559
Harley 52 week high $38.62
Today $35.95

Msg ID: 2669631 The Real PHI Info +0/-0     
11/17/2020 4:04:22 PM

Reply to: 2669577

Harley Davison Stock 2006 was $75.50 4 months ago it was $14.40 lets not try to brag about $34.00

Msg ID: 2669667 The Real PHI Info +0/-0     
Author:Let's think about this...
11/17/2020 7:56:19 PM

Reply to: 2669631

something happened in 2007. What was it? I seem to recall some kind of significant financial event. 

The highest it's been in five years was a month after Obama left office. Like everything else since, steady decline.

Msg ID: 2669621 The Real PHI Info +0/-0     
Author:Harley posers?
11/17/2020 3:43:01 PM

Reply to: 2669559

people that aren't dirtbags pretending they are? Weird.

Msg ID: 2669635 The Real PHI Info +0/-0     
11/17/2020 4:21:31 PM

Reply to: 2669621

People that are Helicopter pilots pretending to be Airline pilots (Weired)

Msg ID: 2670135 Did you mean wierd..Like strange ??? (NT) +1/-0     
Author:3rd grader
11/20/2020 3:21:44 PM

Reply to: 2669635