Exhibit 21
PHI, Inc.
Subsidiaries of the Registrant at December 31, 2015
| COMPANY |
PLACE OF ORGANIZATION / INCORPORATION |
% OF VOTING STOCK / MEMBERSHIP INTEREST OWNED |
||||
| Energy Risk, Ltd. |
Bermuda | 100 | % | |||
| HELEX, LLC |
Florida | 100 | % | |||
| PHI Tech Services, Inc. |
Louisiana | 100 | % | |||
| International Helicopter Transport, Inc. |
Louisiana | 100 | % | |||
| Helicopter Management, LLC |
Louisiana | 100 | % | |||
| Helicopter Leasing, LLC |
Louisiana | 100 | % | |||
| AM Equity Holdings, L.L.C. |
Louisiana | 100 | % | |||
| PHI Air Medical, L.L.C. |
Louisiana | 100 | % | |||
| MDHL, LLC |
Montana | 100 | % | |||
| Sky Leasing, LLC |
Montana | 100 | % | |||
| Vertilease, LLC |
Montana | 100 | % | |||
| Leasing Source, LLC |
Montana | 100 | % | |||
| PHI Century Limited |
Ghana | 49 | % | |||
| Personnel Outsourcing, Ltd. |
Cayman | 49 | % | |||
| PHI Air Europe Limited |
Cyprus | 49 | % | |||
| PHI Americas, Ltd. |
Trinidad | 100 | % | |||
| TAC Leasing, LLC |
Montana | 100 | % | |||
| VKA Leasing, LLC |
Montana | 100 | % | |||
| GJW Leasing, LLC |
Montana | 100 | % | |||