This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

PHI Flies First Rig Approach™ Customer Flights In The S-92A® Helicopter

BOOTHVILLE, La. and HOUMA, La., Nov. 13, 2013 /PRNewswire/ -- Sikorsky Aircraft Corporation and PHI Inc. announced today the completion of the first operational flights of the new "Rig Approach" system, a first of its kind functionality on the S-92 ® helicopter that provides helicopter operators with an automated approach to offshore rigs and platforms.  The flights occurred yesterday.

(Photo: http://photos.prnewswire.com/prnh/20131113/NE16687)

Earlier this year, two FAA Demonstration test flights were flown simultaneously by Sikorsky and PHI, Inc. pilots who utilized Rig Approach to fly to oil rigs off the coast of Louisiana.

Sikorsky, a subsidiary of United Technologies Corp. (NYSE:UTX), developed Rig Approach in close collaboration with PHI, Inc., an important Sikorsky customer who operates S-92 and S-76 ® helicopters in the Gulf of Mexico, providing transportation to offshore oil workers to and from the platforms there.

"This milestone culminates a five-year joint development effort between PHI and Sikorsky for Rig Approach. This new capability improves helicopter safety and operations for the offshore oil industry by reducing crew workload, increasing situational awareness and enhancing on-time performance," said Carey Bond, President, Sikorsky Global Helicopters. "Safety is and always will be our priority. Innovations such as Rig Approach are invaluable, especially in the hostile weather environments where many of these rigs operate every day."

"We share an absolute commitment to continue to explore new technologies to enhance the safety of the men and women who work in the Gulf," said Al Gonsoulin, CEO and Chairman of the Board for PHI, Inc. "Throughout our 60-plus-year history, PHI has taken great pride in our work to introduce advances with partners like Sikorsky. Together, with the introduction of Rig Approach, Sikorsky and PHI have made an important advancement in the name of safety."

Rig Approach reduces cockpit workload by 60 percent and allows for more consistent operations under challenging weather and operating conditions.  The system will be available as an option on the S-92 helicopters, providing a fully coupled and automated approach capability with a higher safety margin than currently is available with any other offshore approach procedure. The feature can be retrofitted to aircraft already operating.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs