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Air Methods Reports 2Q2013 Results and 3Q2013 Update

Air Methods Reports 2Q2013 Results and 3Q2013 Update

9-Aug-2013Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, reported financial results for the quarter ended June 30, 2013 and provided an update on July 2013 patient transports. For the quarter, revenue increased 2% from $222.5 million to $226.2 million from the prior year quarter. For the six-month period, revenue decreased 2% to... Read more

Air Methods fleet now fully NVG-equipped

Air Methods fleet now fully NVG-equipped

7-Aug-2013Source: Air Methods

Air Methods Corporation AIRM -2.36% , the global leader in air medical transportation, today announced its fleet of 368 air medical helicopters is fully outfitted with night vision goggle (NVG) capability. With this milestone, Air Methods’ fleet is now the largest civilian helicopter fleet in the world to be fully outfitted with NVG technology. NVGs... Read more

LeeFlight lifts off, replaces Medstar in Tampa

LeeFlight lifts off, replaces Medstar in Tampa

2-Aug-2013Source: Fox4

LeeFlight is the result of a public-private partnership between Lee County and the leading air medical transport company, Air Methods Corp.   The old service operated by MEDSTAR was shutdown in August of last year after concerns with safety standards and overall costs.  see full story... Read more

Air Methods to Report Q2 Results After Market Close on 8th August

Air Methods to Report Q2 Results After Market Close on 8th August

2-Aug-2013Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM) will report financial results for the second quarter ended June 30, 2013 after the close of the market on Thursday, August 8, 2013. The Company has scheduled a conference call for Thursday, August 8, 2013 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more

Air Methods buys 150 flight data monitoring devices

Air Methods buys 150 flight data monitoring devices

31-Jul-2013Source: Air Methods

Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, today announced it has entered into an agreement with Appareo Systems to purchase 150 Vision 1000 flight data monitoring (FDM) devices. These devices will allow Air Methods to capture a variety of critical flight data and then analyze the data as part of... Read more

Tampa General Hospital’s Aeromed may be grounded 31 July

Tampa General Hospital’s Aeromed may be grounded 31 July

19-Jul-2013

Aeromed is the company that has flown critically sick or injured patients from hospitals or accidents to urban trauma centers since 1994. However, on July 31, the Tampa General Hospital-owned company is severing its five-year contract with Rocky Mountain Holdings and will lease helicopters from a different company. – See full story... Read more

Lee County FL awards two-year LeeFlight contract to Air Methods

Lee County FL awards two-year LeeFlight contract to Air Methods

26-Jun-2013Source: Naples News

Commissioners on Tuesday granted a two-year certificate of public convenience to Air Methods Corp. to fulfill a state licensure requirement, rebranding the program as “LeeFlight” see full story... Read more

Air Methods Successfully Renews DoD CARB Approval

Air Methods Successfully Renews DoD CARB Approval

31-May-2013Source: Air Methods

Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, today announced that it has received U.S. Department of Defense (DOD) Commercial Airlift Review Board (CARB) approval to continue participation in the DOD Air Transport Program. Conducted by the DOD Commercial Airlift Division, the CARB audit continuously monitors and oversees commercial air carriers... Read more

Air Methods Reaches Highest Level in FAA’s Safety Management System Program

Air Methods Reaches Highest Level in FAA’s Safety Management System Program

21-May-2013Source: Air Methods

Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, recently was informed by the Federal Aviation Administration (FAA) that it successfully reached the highest level (Level 4) of the FAA’s voluntary Safety Management System (SMS) program. The SMS program is an organizational framework created and implemented by the FAA to systematically guide,track,... Read more

New Helicopter Base in Valdosta Aimed at Saving Lives

New Helicopter Base in Valdosta Aimed at Saving Lives

21-May-2013Source: WCTV.TV

The view from a helicopter in the air can be breathtaking, but it can also help breathe life into those riding inside. Because when lives are on the line, time can be the greatest enemy. (See Full Story)... Read more

Air Methods to report Q1 results on May 9

Air Methods to report Q1 results on May 9

3-May-2013Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM) will report financial results for the first quarter ended March 31, 2013 after the close of the market on Thursday, May 9, 2013. The Company has scheduled a conference call for Thursday, May 9, 2013 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more

Why Air Methods Shares Plunged 12% in one day

Why Air Methods Shares Plunged 12% in one day

22-Apr-2013Source: News Times

Air Methods sank 12% today after its preliminary quarterly results disappointed Wall Street. (see full story)... Read more

Air Methods Provides Update on Q1 Results

Air Methods Provides Update on Q1 Results

19-Apr-2013Source: Air Methods

Air Methods Corporation (Nasdaq: AIRM), the largest air medical transportation company in the world, provided preliminary results for first quarter 2013.  Total community-based patient transports for the first quarter 2013 are estimated to be 11,841.  Patients transported for community bases in operation greater than one year decreased an estimated 1,082 transports, or 9%, while weather... Read more

Here is What Hedge Funds Think About Air Methods

Here is What Hedge Funds Think About Air Methods

5-Apr-2013Source: Insider Monkey

Air Methods Corp was in 12 hedge funds’ portfolio at the end of December. AIRM has seen a decrease in activity from the world’s largest hedge funds in recent months. There were 14 hedge funds in our database with AIRM positions at the end of the previous quarter (see full story)... Read more

Air Methods awards StandardAero five year RR250 contract

Air Methods awards StandardAero five year RR250 contract

26-Mar-2013Source: StandardAero

StandardAero announced today that it was awarded a five year maintenance contract by Air Methods Corporation (AMC) on the company’s fleet of Roll-Royce M250 engines. This agreement will run through February, 2018. The exclusive deal provides total M250 support to AMC’s current fleet of 53 engines which is growing to 73 engines over the next... Read more

“Spirit of Mercy” EC130 takes flight in Arkansas

“Spirit of Mercy” EC130 takes flight in Arkansas

21-Mar-2013Source: Mercy Northwest Arkansas

While winding roads and steep inclines provide much of Northwest Arkansas’ (NWA) beauty and allure, the landscape makes medical transport difficult. Thanks to Mercy and Air Methods Corporation’s partnership, area residents have a new emergency medical helicopter featuring the latest technology and safety advancements. Whether it’s a heart attack, stroke or serious automobile injury, the... Read more

Air Methods to Utilize FlightSafety’s Eurocopter EC135 Simulator

Air Methods to Utilize FlightSafety’s Eurocopter EC135 Simulator

20-Mar-2013Source: Air Methods Corporation

Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, today announced that it has entered into an agreement with FlightSafety International to use its Dallas-based Eurocopter EC135 Level D qualified full flight simulator for the Company’s pilot training program. Air Methods believes simulator training enhances the Company’s pilot training program by affording... Read more

Eurocopter launches the EC135T3 and EC135P3

Eurocopter launches the EC135T3 and EC135P3

6-Mar-2013Source: Eurocopter

Eurocopter marked a new milestone in its product line enhancement strategy by launching the improved-performance, updated EC135 T3/P3 helicopter versions at the Heli-Expo 2013 industry show today, signing Air Methods of the U.S., Norsk Luftambulanse of Norway, and Italy’s Aiut Alpin Dolomites as launch customers. New features for these latest variants of Eurocopter’s EC135 light,... Read more

Air Methods is launch customer for newest EC135 version

Air Methods is launch customer for newest EC135 version

6-Mar-2013Source: American Eurocopter

American Eurocopter announced Tuesday that Air Methods Corp., the world’s   largest operator of helicopters for emergency air medical transport services, has become the U.S. launch customer for the Eurocopter EC135 P3. The EC135 P3 is the latest version of the popular twin-engine helicopter that is a favorite of the air medical transport industry. The order... Read more

Air Methods receives $44.8M contract from Sikorsky

Air Methods receives $44.8M contract from Sikorsky

5-Mar-2013Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, today announced that its United Rotorcraft Division has been awarded a contract in excess of $44 million from Sikorsky Aircraft Corporation for MEDEVAC Interior Systems installed on new HH-60M BLACK HAWK helicopters. This supports Sikorsky’s new Army Multi-Year-8 BLACK HAWK production contract and covers... Read more

Air Methods to Report Q4 and FY2012 Financial Results

Air Methods to Report Q4 and FY2012 Financial Results

25-Feb-2013Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM) will report financial results for the fourth quarter ended December 31, 2012 after the close of the market on Thursday, February 28, 2013. The Company has scheduled a conference call for Thursday, February 28, 2013 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more

Air Methods enters agreements with HCA divisions

Air Methods enters agreements with HCA divisions

15-Feb-2013Source: Air Methods

Air Methods Corporation (NASDAQ: AIRM), the global leader in air medical transportation, announced today it has entered into agreements with HCA MidAmerica and North Florida Divisions. Air Methods will provide medical communication services through its DirectCall Transfer Center for the MidAmerica Division, and has established a preferred provider agreement with the North Florida Division for... Read more

REACT returns to full service – EC135 replaces BK117

REACT returns to full service – EC135 replaces BK117

7-Feb-2013Source: Rockford Memorial Hospital

Rockford Memorial Hospital’s REACT helicopter program resumed full air and ground transport service on Sunday, February 3. Working with aviation partner Air Methods, REACT pilots, flight nurses and mechanics resumed serving injured and critically-ill patients throughout the region. The first flight was a patient flown from Freeport to Rockford Memorial Hospital.  REACT is using a... Read more

Rockford Memorial Hospital prepares for full return of REACT

Rockford Memorial Hospital prepares for full return of REACT

22-Jan-2013Source: Rockford Memorial Hospital

Rockford Memorial Hospital’s REACT helicopter program recently began training flights on a temporary aircraft. Working with our aviation partner, Air Methods, REACT pilots and mechanics are now training on a Eurocopter EC135 aircraft housed at the hangar on the North Rockton Avenue campus. Flight nurses have resumed staffing critical care ground transports throughout the region... Read more

Bell honours Air Methods founder

Bell honours Air Methods founder

21-Jan-2013Source: Bell

Bell Helicopter, a Textron Inc. company (NYSE: TXT), honored Air Methods founder Roy Morgan with the first Bell Helicopter Vertical Flight Hall of Fame award at the 10th annual Living Legends of Aviation Awards in Beverly Hills on January 18. The award recognizes individuals who have made significant contributions to the rotorcraft industry. “To be... Read more

Bad start to 2013 – four helicopters down in US, including two on EMS work

Bad start to 2013 – four helicopters down in US, including two on EMS work

3-Jan-2013Source: HeliHub.com

Wednesday 2nd January saw a bad start to 2013 with no fewer than four helicopter accidents in the US already recorded on the HeliHub.com accident pages.  Two of these were EMS helicopters, a Med-Trans Bell 407 in Iowa and an Air Methods EC130 in Oklahoma.  The former occurred after night fall and took the lives... Read more

Air Methods acquires Sundance Helicopters for $44M

Air Methods acquires Sundance Helicopters for $44M

1-Jan-2013Source: Air Methods

Air Methods Corporation (NASDAQ: AIRM), the global leader in air medical transportation, announced today that it has entered into a definitive stock purchase agreement to acquire all of the outstanding shares of capital stock of Sundance Helicopters, Inc. (Sundance), a helicopter tour operator based in Las Vegas, Nevada. Sundance is a leader in helicopter tour... Read more

Air Methods to acquire 22 new Eurocopter aircraft – AS350, EC130, EC135

Air Methods to acquire 22 new Eurocopter aircraft – AS350, EC130, EC135

1-Jan-2013Source: American Eurocopter

Air Methods Corp., the U.S. largest operator of helicopters for emergency air medical transport services, has placed an order with American Eurocopter Corp. for 22 new helicopters valued at more than $80 million. With the order Air Methods, based in Englewood, Colo., continues to equip its fleet with new aircraft incorporating the latest in safety... Read more

Air Methods to acquire 20 Bell 407GX

Air Methods to acquire 20 Bell 407GX

1-Jan-2013Source: Bell

Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today an agreement with Air Methods for the supply of 20 Bell 407GX aircraft. Air Methods will dedicate the helicopters to air medical transport for critically ill and injured patients throughout the United States. “Air Methods’ order for 20 new Bell 407GXs is part of our... Read more

Air Methods declares Special Cash Dividend

Air Methods declares Special Cash Dividend

11-Dec-2012Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, announced today that its board of directors has declared a special cash dividend of $7.00 per share (on a pre-split basis) on the Company’s common stock, payable on December 28, 2012 to stockholders of record at the close of business on December 20, 2012.... Read more

Air Methods shareholders approve 3-for-1 stock split

Air Methods shareholders approve 3-for-1 stock split

4-Dec-2012Source: Air Methods

The stockholders of Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, today approved a three-for-one stock split, an increase from 23.5 million to 70.5 million in the number of authorized shares of the Company’s Common Stock and an increase from 5 million to 15 million in the number of authorized shares of... Read more

Man says Air Methods wrongfully terminated his employment

Man says Air Methods wrongfully terminated his employment

29-Nov-2012Source: West Virginia Record

A former employee is suing Air Methods Corporation after he claims his employment was wrongfully terminated because he reported safety violations. (see full story)... Read more

Aeromed to establish base in Punta Gorda

Aeromed to establish base in Punta Gorda

28-Nov-2012Source: NBC2

Charlotte County commissioners in Florida gave Aeromed the green light to base a medical helicopter in Punta Gorda. (see full story)  Aeromed currently has two EC135s and three BK117s – operated for them by Air Methods... Read more

Air Methods to provide services to St Mary’s Hospital CareFlight

Air Methods to provide services to St Mary’s Hospital CareFlight

13-Nov-2012Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, announced today it was selected as the air medical operator and began service for St. Mary’s Hospital and Regional Medical Center’s CareFlight program in Grand Junction, Colorado. This new contract has significant historical relevance since St. Mary’s was Air Methods’ first-ever air medical program... Read more

Air Methods to report Q3 numbers after market close on 8th November

Air Methods to report Q3 numbers after market close on 8th November

8-Nov-2012Source: Air Methods

Air Methods Corporation (AIRM) will report financial results for the third quarter ended September 30, 2012 after the close of the market on Thursday, November 8, 2012. The Company has scheduled a conference call for Thursday, November 8, 2012 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more

Air Methods to report Q3 Results after market close on 8th November

Air Methods to report Q3 Results after market close on 8th November

2-Nov-2012Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM) will report financial results for the third quarter ended September 30, 2012 after the close of the market on Thursday, November 8, 2012. The Company has scheduled a conference call for Thursday, November 8, 2012 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more

Life Flight Network buys 12 C-MAC PM Video Laryngoscopes at AMTC 2012

Life Flight Network buys 12 C-MAC PM Video Laryngoscopes at AMTC 2012

29-Oct-2012Source: Life Flight Network

Life Flight Network (LFN), an award-winning, not-for-profit air medical transport service with headquarters in Aurora, Oregon, announced the purchase of 12 Storz C-MAC PM “pocket monitor” video laryngoscopes at the Air Medical Transport Conference (AMTC) in the Washington State Convention Center. The ability for a critical care medical team to safely and quickly insert a... Read more

United Rotorcraft awarded EC130T2 EMS completion

United Rotorcraft awarded EC130T2 EMS completion

19-Oct-2012Source: United Rotorcraft

United Rotorcraft announces it was awarded the contract by Enloe Medical Center of Chico, Calif., to complete the medical center’s new Eurocopter EC130 T2 aircraft. The contract includes the manufacture and integration of a new Federal Aviation Administration (STC’d) approved medical EMS interior and avionics suite. The aircraft is slated to be delivered during the... Read more

New EMS Bell 407 for Iowa and Missouri

New EMS Bell 407 for Iowa and Missouri

18-Oct-2012Source: Clarinda Regional Health Center

As of Monday, October 15th, Clarinda Regional Health Center (CRHC) along with Mercy Medical Center-Des Moines and Air Methods launched MercyOne-Clarinda, a medical helicopter program based at CRHC serving all of southwest Iowa, northwest Missouri, and southeast Nebraska. MercyOne manages the medical portion of the program and Air Methods operates the helicopter. A ribbon cutting ceremony (click... Read more

Air Methods opens new base at Potsdam, New York state

Air Methods opens new base at Potsdam, New York state

8-Oct-2012Source: HeliHub.com

Air Methods officially began operating a Eurocopter EC135 in Potsdam at 7 a.m., October 1st under its LifeNet brand. The new helicopter service will extend air ambulance service to St. Lawrence County and surrounding areas for faster medical response. The official ribbon cutting ceremony is scheduled for Thursday, October 11 starting at 6pm at   ... Read more

Air Methods opens technologically advanced Training Center

Air Methods opens technologically advanced Training Center

3-Oct-2012Source: Air Methods

Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, announces the opening of a state-of-the-art training center for its aviation, clinical and maintenance personnel. Located in Aurora, Colo., near Air Methods’ corporate office, the 14,000-square-foot facility consists of advanced simulation areas, learning classrooms and office space. In the aviation portion of the... Read more

Air Methods board recommends 3-for-1 stock split

Air Methods board recommends 3-for-1 stock split

3-Oct-2012Source: Air Methods

Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, today announced that its Board of Directors approved a three-for-one stock split of the Company’s common stock. Implementation of the stock split is subject to approval by the Company’s shareholders of an increase in the number of authorized shares from 28.5 million to... Read more

Air Methods Reports 2Q2012 results and 3Q2012 update

Air Methods Reports 2Q2012 results and 3Q2012 update

3-Aug-2012Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, reported financial results for the quarter ended June 30, 2012 and provided an update on July 2012 community-based patient transports. For the quarter, revenue increased 48% from $150.2 million to $222.5 million in the current-year quarter. For the six-month period, revenue increased 47% to... Read more

Air Methods to bring medical helicopters to Fort Drum

Air Methods to bring medical helicopters to Fort Drum

27-Jul-2012Source: Waterdown Daily Times

Medical air transport provider Air Methods will begin operations on Fort Drum on Aug. 1, after opening a station in Watertown last month and with another on the way in Potsdam. (see full story)... Read more

Mercy One to receive second EMS Bell 429

Mercy One to receive second EMS Bell 429

23-Jul-2012Source: Bell

Bell Helicopter, a Textron Inc. company (NYSE: TXT), announced today that 429 launch customer Mercy One of Des Moines, Iowa will receive a second Bell 429 helicopter from Air Methods. Mercy One currently operates an air medical critical care configured Bell 429 and will add a second helicopter, equipped with United Rotorcraft emergency medical services... Read more

Clarinda Regional Health Center to add EMS Bell 407

Clarinda Regional Health Center to add EMS Bell 407

15-Jun-2012Source: Clarinda Regional Health Center

Clarinda Regional Health Center (CRHC), Mercy Medical Center-Des Moines and Air Methods/LifeNet have partnered to base southwest Iowa’s only air ambulance at Clarinda Regional Health Center.  The Clarinda-based air ambulance will serve an initial area within a 40-mile radius of Clarinda and will have the ability to transport patients to medical centers in Omaha, Lincoln,... Read more

Wake Forest Baptist Medical Center adds third helicopter

Wake Forest Baptist Medical Center adds third helicopter

13-Jun-2012Source: WFBMC

Wake Forest Baptist Medical Center now has three helicopters transporting critically ill patients to the Medical Center. AirCare 3 is based at Blue Ridge Airport near Martinsville, VA and serves the communities northeast of Winston-Salem. “We can save as much as 15 minutes in response time in this area by having an air ambulance based... Read more

Samaritan Medical Center shows off new EC135 operation

Samaritan Medical Center shows off new EC135 operation

4-Jun-2012Source: Watertown Daily Tmies

At a public demonstration on the eve of the launch of the service in the north country, hospital employees crowded to roof areas of the hospital as the  EC135 landed on the helipad on top of the hospital’s parking garage.  (see full story)... Read more

Air Methods selects AirVault® for Medical Transport Records Management

Air Methods selects AirVault® for Medical Transport Records Management

15-May-2012Source: AirVault

AirVault today announced that Air Methods Corp. has licensed the AirVault Mx Records Management Solution. Air Methods (NASDAQ: AIRM) is the largest publicly owned emergency medical services helicopter operator in the United States, with a fleet of over 400 medical transport aircraft that fly over 100,000 transports and nearly 140,000 flight hours per year. Teri Short,... Read more

FAA approves low-level IFR in Des Moines, Iowa

FAA approves low-level IFR in Des Moines, Iowa

7-May-2012Source: Air Traffic Management

The FAA has approved an (IFR low level helicopter infrastructure for use by Mercy Medical Center in Des Moines, Iowa.  The infrastructure consists of five helipads in key locations throughout central Iowa (See full story)... Read more

Air Methods names date for Q1 results

Air Methods names date for Q1 results

30-Apr-2012Source: Air Methods

Air Methods Corporation will report financial results for the first quarter ended March 31, 2012 after the close of the market on Thursday, May 3, 2012. The Company has scheduled a conference call for Thursday, May 3, 2012 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing 877-883-0656... Read more

US Justice Dept settles with Air Methods

US Justice Dept settles with Air Methods

16-Apr-2012Source: US Dept of Justice

The Justice Department has announced that it has resolved a lawsuit alleging that Air Methods Corp. and LifeMed Alaska, LLC willfully violated the Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA) by discriminating against and failing to reemploy Chief Warrant Officer Third Class Jonathon L. Goodwin of Wasilla, Alaska.   The suit was filed in... Read more

Air Methods eliminates COO position; Tate leaves

Air Methods eliminates COO position; Tate leaves

12-Apr-2012Source: Air Methods

Air Methods Corporation (Nasdaq: AIRM), the global leader in air medical transportation, today announced a consolidation of its management responsibilities. The consolidation is expected to assist the Company in achieving even greater quality and improved efficiencies within its operations. As a result of the consolidation, the Company eliminated the position of Chief Operating Officer (COO)... Read more

EMS Program at SUNY Canton secures EMS helicopter service

EMS Program at SUNY Canton secures EMS helicopter service

16-Mar-2012Source: SUNY Canton

SUNY Canton’s North Country Emergency Medical Services (EMS) Program helped bring air medical transportation back to the North Country. Air Methods Corporation announced that it would begin operating two medical helicopters in Jefferson and St. Lawrence County beginning this June at a press conference held the morning of Wednesday, March 14, at Samaritan Medical Center.... Read more

Air Methods executives sell 50,000 shares worth $4.6 Million

Air Methods executives sell 50,000 shares worth $4.6 Million

8-Mar-2012Source: HeliHub.com

There has been a spate of share selling at Air Methods, and key employees have to notify details of such transactions to the US Securities and Exchange Commission.  This provides us the following details – the hyperlinks take you to the official SEC filing in each case Paul Tate – Chief Operating Officer – 2,000... Read more

Air Methods reports FY2011 results and FY2012 Q1 update

Air Methods reports FY2011 results and FY2012 Q1 update

1-Mar-2012Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, reported revenue and net income for the year and fourth quarter ended December 31, 2011. For the year, revenue increased 18% to $660.5 million compared to $562.0 million in the prior year. Net income increased 9% to $46.6 million, or $3.63 per diluted share,... Read more

Air Methods to report Q4 and FY2011 numbers 29th February

Air Methods to report Q4 and FY2011 numbers 29th February

26-Feb-2012Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM) will report financial results for the fourth quarter ended December 31, 2011 after the close of the market on Wednesday, February 29, 2012. The Company has scheduled a conference call for Wednesday, February 29, 2012 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more

Air Methods Selects EtQ Safety Management System

Air Methods Selects EtQ Safety Management System

17-Feb-2012Source: EtQ

EtQ, Inc. is pleased to announce the implementation of EtQ Reliance Safety Management System (SMS) at Air Methods—an air medical emergency transport organization. Air Methods selected EtQ Reliance in order to fully automate its SMS and move away from its previous paper system. Collecting, analyzing, trending and reporting of safety events are priorities for Air... Read more

Air Methods and American Eurocopter enter pilot training agreement

Air Methods and American Eurocopter enter pilot training agreement

14-Feb-2012Source: American Eurocopter

Air Methods has entered into a lease agreement with American Eurocopter to use its AS350 Level B full motion flight simulator for the operator’s pilot training program. Pending final FAA approval of the training course, the program is anticipated to begin simulator training in the second quarter of this year. “Full motion simulation has not... Read more

American Eurocopter delivers 3,000th aircraft

American Eurocopter delivers 3,000th aircraft

13-Feb-2012Source: American Eurocopter

From Heli-Expo 2012, American Eurocopter today announced that it reached a corporate milestone with the delivery of its 3,000th aircraft at the end of 2011: an EC130 delivered to Air Methods Corporation, the world’s largest air medical transportation provider. “This is yet another distinguished milestone in our company’s history in the United States,” said Marc... Read more

LifeSaver gets Bell 407 based in Rainbow City

LifeSaver gets Bell 407 based in Rainbow City

6-Feb-2012Source: Gadsden Times

LifeSaver’s parent Air Methods has upgraded the helicopter at their Rainbow City base to a Bell 407 (see full story).  LifeSaver is part of the Omniflight division.... Read more

Air Methods completes restatement of financial statements

Air Methods completes restatement of financial statements

23-Dec-2011Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, announced today that it has completed the restatement of its financial statements for the year ended December 31, 2010 and for the first three quarters of 2011, and has filed amended annual and quarterly reports for the applicable periods with U.S. Securities... Read more

Air Methods EMS pilots ratify agreement

Air Methods EMS pilots ratify agreement

16-Dec-2011Source: OPEIU

Emergency Medical Service (EMS) helicopter pilots, members of Office and Professional Employees International Union (OPEIU) Local 109 employed by Air Methods Corporation based in Denver, Colorado have ratified a new agreement covering more than 1,000 pilots. AMC operates in 45 states transporting close to 100,000 patients annually as the nation’s largest provider of air medical... Read more

Air Methods receives SEC guidance on accounting for aircraft leases

Air Methods receives SEC guidance on accounting for aircraft leases

23-Nov-2011Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM) announced today that the Company will restate its financial results after receiving a response from the U.S. Securities and Exchange Commission (SEC). The SEC responded to the Company’s previous request for guidance concerning the appropriate GAAP interpretation of the maximum amount that the Company could be required to pay as described... Read more

AeroSimulators delivers new EC135 simulator to Air Methods

AeroSimulators delivers new EC135 simulator to Air Methods

17-Nov-2011Source: AeroSimulators

AeroSimulators USA, Inc. announced today the delivery of an EC 135 helicopter flight simulator to Air Methods Corporation, the nation’s largest provider of air medical emergency transport services. This device complements two AeroSimulators AS350 B2 simulators delivered to Air Methods earlier in the year. These simulators provide an enclosed Air Methods-configured cockpit together with a... Read more

Air Methods adds EME’s Portable Aluminum Gantry Crane

Air Methods adds EME’s Portable Aluminum Gantry Crane

17-Nov-2011Source: EME

Mercy Air, a division of Air Methods Corporation (http://www.airmethods.com), needed to find a better and safer way to remove, transport and install motors and transmissions in its helicopters. Renting fork lifts was proving to be cumbersome, expensive and dangerous as the components, often costing in the high six figures were in danger of being damaged... Read more

Air Methods falls foul of NASDAQ rules

Air Methods falls foul of NASDAQ rules

17-Nov-2011Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM) announced today that on November 11, 2011, the Company received a letter from the Nasdaq Stock Market stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1). The Company anticipated receiving such letter because, as previously disclosed, the Company’s Quarterly Report on Form 10-Q (the “Form 10-Q”) for the quarter ended September... Read more

Air Methods Reports 3Q2011 Results and 4Q2011 Update

Air Methods Reports 3Q2011 Results and 4Q2011 Update

10-Nov-2011Source: Air Methods

Air Methods Corporation (Nasdaq:AIRM) reported results for the quarter ended September 30, 2011. Revenue increased 20% to $185.2 million from $153.9 million in the year-ago quarter. For the nine-month period, revenue increased 14% to $467.2 million, up from $411.6 million in the prior-year nine-month period. For the quarter, net income decreased slightly to $18.5 million,... Read more

GULFlight 1 air ambulance to end next month

GULFlight 1 air ambulance to end next month

24-Oct-2011Source: NWF Daily News

The helicopter, which has been operating since June 2006,  is no longer needed because of a decrease in calls and because there are more medical helicopters in the area than needed, according to Larry Hall, field operations manager for Air Methods, which runs the service.  (See full story)... Read more

Air Methods Product Division and United Rotorcraft Solutions to combine

Air Methods Product Division and United Rotorcraft Solutions to combine

15-Oct-2011Source: Air Methods

Air Methods is excited to announce we are combining the powerhouses of our Products Division with United Rotorcraft Solutions to form our new unified brand – United Rotorcraft. Our new brand is a united front of expertise, precision, and dedication to enhancing the completion and service support of aircraft completions, refurbishments, painting services and accessory... Read more

Air Methods are Preferred Provider to Community Health Systems

Air Methods are Preferred Provider to Community Health Systems

12-Oct-2011Source: Air Methods

Air Methods Corporation , the largest air medical transportation company in the world, announced today that it has entered into a preferred provider agreement (PPA) with Community Health Systems Professional Services Corporation (CHS) to provide air medical transport services to CHS-affiliated hospitals. Operations are expected to start in the fourth quarter 2011. As part of... Read more

Air Methods CEO sells 14,457 shares

Air Methods CEO sells 14,457 shares

15-Sep-2011Source: HeliHub.com

CEO of Air Methods Corp. Aaron D Todd sells 14,457 shares of AIRM  at an average price of $61.41 a share, realising $887,804.37 – see SEC filing William P Johnson – HeliHub.com... Read more

Crash victim’s husband sues Air Methods

Crash victim’s husband sues Air Methods

5-Sep-2011Source: HeliHub.com

The husband of a female patient killed in recent EMS AS350 crash has filed a lawsuit against operator Air Methods, saying the company took an unnecessary risk by flying with low fuel. Victor Tacoronte’s wife, Terry, and three other people were killed on 26th August when a LifeNet helicopter crashed near Mosby, about 20 miles... Read more

Air Methods COO sells $261K of shares

Air Methods COO sells $261K of shares

29-Aug-2011Source: HeliHub.com

NASDAQ filing this week show that COO of Air Methods Corp. Paul H Tate sells 4,000 shares of AIRM on 24th August at an average price of $65.25 a share. – total value $261,000 Jeremy Parkin – HeliHub.com... Read more

Air Methods AS350B2 down in Missouri, 4 killed

Air Methods AS350B2 down in Missouri, 4 killed

27-Aug-2011Source: HeliHub.com

Around 7pm local time on Friday evening, an Air Methods AS350B2 crashed in an open field killing the 58-year old female patient and three male crew.  As with all helicopter accidents and incidents this is recorded in our Safety pages.  The helicopter was operated in the colours of LifeNet. For more information on this specific... Read more

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