29-Jan-2012 Source: HeliHub.com
PHi has committed to an expansion program at Scholes International Airport for completion within the next two years, and in exchange the City of Galveston has waived over $850,000 of lease payments. PHi, which has operated from the airport since 2001, flies S76 and S92 helicopters to Gulf of Mexico rigs from here.
PHi will spend at least $1.5M building three hangars and improviding parking lot arrangements. Fuel revenue to the city-run airport is expected to significantly increase, partly as a result of bringing an additional three helicopters to be based. PHi has also committed to increasing its headcount by 50 by 2014, taking the total to 95.
Jeremy Parkin – HeliHub.com