So Chap 11 news.Doom.

Fair enough, but debt is not a bad thing if revenue is increasing.

because revenue doesnt equal profit.....and if you levered up to get that revenue then it'll haunt you in the end.... think about it from a realistic perspective. Your friend could've just bought a new house which makes him appear well off but for all you know he financed it all with debt. does that make him truly wealthier? ..... stocks a zero IMO but that cost to borrow is tough to manage. good luck to all

Don't know much about this company but I'm baffled why a company that has it's highest revenue in three years decided to go bankrupt on the year of it's biggest revenue in trailing three years?

TIMMBBBERRR

~ Monday! $PHII ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $PHII ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=PHII&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=PHII&p=W&b=3&g=0&id=p54550695994



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*If the earnings date is in error please ignore error. I do my best.

PHI Inc. (PHI) is engaged in the oil and gas exploration, development, and production industry, principally in the Gulf of Mexico. It is a provider of helicopter transportation services in the Gulf of Mexico. The Company also provides helicopter services to the oil and gas industry internationally, and to non-oil and gas customers and United States governmental agencies, such as the National Science Foundation. The Company operates in three segments: Oil and Gas, Air Medical, and Technical Services. The Company also provides air medical transportation for hospitals and emergency service agencies where it operates as an independent provider of medical services. At December 31, 2010, it owned or operated 256 aircraft domestically and internationally, 162 of which were dedicated to its Oil and Gas segment, 89 of which were dedicated to its Air Medical segment, and five of which were dedicated to other operations. On April 1, 2010, it purchased two heavy aircraft.

http://www.google.com/finance?q=PHII