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
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
26-Jun-2012
Helicopter went AOG for unknown reason and was roaded out from field landing. We are 99% sure this was N911KX, although the press photo shows the registration etc all covered up. Compare to this photo of N911KX which is known to be based in Iowa.... Read more
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
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
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
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
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
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
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
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
11-Apr-2012
Emergency landing while en route to an accident scene – smoke in the cockpit. Registration assumed as this is the only helicopter operated by Martin County on this work and our report stated “Martin County LifeStar”... Read more
6-Apr-2012
Ingested plastic carrier bag on final approach to land on road to pick up accident victim. Aircraft went U/S and patient continued by road. Mechanic called to clear aircraft for flight.... Read more
1-Apr-2012
Cockpit indication led pilot to make emergency landing at night. Aircraft later checked out and cleared to fly... Read more
28-Mar-2012
While en route to a medical emergency at Steele, LifeSaver 1 from Birmingham was struck by a goose and landed in the parking lot at Margaret Elementary School. ** NOTE ** Registration is assumed from operator website. Â The FAA repors code “LSV1” which refers to “LifeSaver 1” and recent photos on the LifeSaver 1 facebook... Read more
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
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
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
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
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
17-Feb-2012
Emergency landing after bird strike with mallard duck and cracked windshield.... Read more
16-Feb-2012
Rapid yaw to the left on take-off, which the pilot managed to control and bring the helicopter back to a safe landing. Mechanic found tail/rotor servo cannon plug was coated with residual oil... Read more
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
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
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
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
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
12-Dec-2011
Damaged in hangar prior to being put into service. Fixed wing aircraft manoevred and struck helicopter twice, causing two long scratches, which are reported as “relatively minor” were then covered up using a marker pen. All activity caught on hangar video surveillance. Gadsden Police on the case... Read more
10-Dec-2011
Emergency landing due to mechanical issue. Upon inspection by the mechanic, a clogged left hydraulic filter was found which had made the collective feel stiff. After replacement, the aircraft was returned to service.... Read more
3-Dec-2011
Tailrotor struck a mound of dirt on landing... Read more
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
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
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
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
13-Nov-2011
Main rotor struck tail boom on shut down... Read more
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
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
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
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
20-Sep-2011
Tail rotor chip light illuminated during patient transfer. Safe precautionary landing made in church car park. Second helicopter attended to complete patient transfer... Read more
19-Sep-2011
The EMS pilot took off with patient on board, but shortly after take off not notified the on-scene engine crew that they had smoke in the cockpit and were declaring an emergency. Landed safety and patient to hospital by land ambulance... Read more
15-Sep-2011Source: HeliHub.com
CEO of Air Methods Corp. Aaron D Todd sells 14,457 shares of AIRMÂ at an average price of $61.41 a share, realising $887,804.37 – see SEC filing William P Johnson – HeliHub.com... Read more
13-Sep-2011
On final approach to Miami Valley Hospital’s south helipad, the aircraft struck a bird. The pilot continued with his landing. The aircraft was inspected and no damage was found. It was returned to service.... Read more
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
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
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
26-Aug-2011
Pilot had reported that he was calling in to a nearby airport for refuel shortly before. Air Ambulance crashed in open countryside killing the three crew – Randy Bever, 47, a nurse, Chris Frakes, 36, a paramedic, and James Freudenberg, 34, the pilot – and the patient Terry Tacoronte, 58... Read more
22-Aug-2011Source: United Rotorcraft Solutions
nited Rotorcraft Solutions (URS) recently refurbished two Eurocopter EC135s for Air Methods Corporation. The renovation included a complete re-upholster of the interior, sanding, repairing and repainting the exterior and performing major maintenance inspections and clearing of discrepancies. The work on both helicopters was completed on schedule. “Performing the inspections and clearing all discrepancies is important... Read more
8-Aug-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, reported financial results for the second quarter ended June 30, 2011 and provided an update on July 2011 community-based patient transports. For the quarter, revenue increased 8% from $139.2 million to $150.2 million in the current-year quarter. For the six-month period, revenue... Read more
2-Aug-2011Source: Air Methods
Air Methods Corporation, the largest air medical transportation company in the world, announced today that it has successfully completed its acquisition of OF Air Holdings Corporation and its subsidiaries, including Omniflight Helicopters, Inc. (together, Omniflight). Omniflight provides air medical transport services throughout the United States and provides these services under both the community-based and hospital-based... Read more
1-Aug-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, announced today that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) for its proposed transaction to acquire OF Air Holdings Corporation and its subsidiaries, including Omniflight Helicopters, Inc. (together,... Read more
29-Jul-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) will report financial results for the second quarter ended June 30, 2011 after the close of the market on Thursday, August 4, 2011. The Company has scheduled a conference call for Thursday, August 4, 2011 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more
27-Jul-2011
Near miss with C17 military transport plane. Helicopter pilot took evasive action... Read more
27-Jul-2011
Tail rotor drive shaft cover separated from the aircraft during post-maintenance positioning flight... Read more
21-Jul-2011Source: Air Methods
Air Methods Corporation, the largest air medical transportation company in the world, provided an update on second quarter 2011 preliminary results, as well as a status update on pending acquisition of OF Air Holdings and its subsidiaries (together, Omniflight). Based on preliminary 2011 second quarter results, total community-based patient transports were 10,319. Patients transported for... Read more
5-Jul-2011Source: Air Methods
Air Methods Corporation AIRM +1.09% , the largest air medical transportation company in the world, announced today that it has successfully closed, together with its bank group, led by KeyBank National Association KEY -1.66% , a five-year Amended and Restated Credit Agreement (the Amended Credit Facility). The Amended Credit Facility is comprised of a $100 million revolving line of... Read more
30-Jun-2011Source: Madison Courier
Air Methods returned to Trimble County on June 3 and wasted no time meeting the public. On June 4 the company, located next to the Bedford Fire and Rescue building between Bedford and Milton, had an open house that included food, drinks, music and a showing of the BK117 helicopter. (Full article)... Read more
27-Jun-2011Source: Gurufocus
CEO of Air Methods Corp. Aaron D Todd sells 6,500 shares of AIRMÂ at an average price of $69.45 a share.... Read more
21-Jun-2011Source: American Eurocopter
American Eurocopter has announced that Air Methods Corporation, the world’s largest air medical transportation provider, has ordered four AS350 B3 helicopters. These aircraft will update and expand its extensive fleet that already includes more than 240 Eurocopter helicopters. “This purchase highlights Air Method’s leadership in providing technologically advanced aircraft to meet the performance, mission and... Read more
3-Jun-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, announced today that it has entered into a definitive merger agreement (the Agreement) to acquire OF Air Holdings Corporation and its subsidiaries, including Omniflight Helicopters, Inc. (together, Omniflight). Omniflight provides air medical transport services throughout the United States and provides these services... Read more
23-May-2011Source: Verde Independent
Guardian Air celebrated its 10 years in the Verde Valley with tours of the aircraft and refreshments at the helicopter landing pad, just outside the hospital’s emergency room.... Read more
22-May-2011
Destroyed on ground by hurricane... Read more
20-May-2011Source: Air Methods
The single helicopter based at Hagerstown flew 442 calls in the past year. The Air Methods staff of four pilots, one mechanic and eight crew members will transfer to Franklin County Regional Airport in Greene Township. No date has been set for the transition to occur, although “midsummer” seems likely... Read more
10-May-2011Source: Motley Fool
The reporter says he “often use accounts receivable and days sales outstanding to judge a company’s current health and future prospects”. See how this maps out for Air Methods compared with others in the sector... Read more
5-May-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM), the largest air medical transportation company in the world, reported financial results for the quarter ended March 31, 2011 and provided an update on April 2011 flight volume. For the quarter, revenue increased 11% to $131.9 million from $118.5 million in the prior-year quarter. Net income for the first quarter of... Read more
28-Apr-2011Source: Air Methods
Air Methods Corporation (Nasdaq:AIRM) will report financial results for the first quarter ended March 31, 2011 after the close of the market on Thursday, May 5, 2011. The Company has scheduled a conference call for Thursday, May 5, 2011 at 4:15 p.m. Eastern to discuss these results. Interested parties can access the call by dialing... Read more
20-Apr-2011Source: Air Methods
Air Methods is pleased to announce the appointment of Frank Graham as the new Director of Commercial Business Development of its Products Division. Mr. Graham assumes responsibility for leading the Division’s development and growth of commercial sales in both rotary- and fixed-wing markets, including EMS, airborne law enforcement, search and rescue, corporate, utility and special... Read more
12-Apr-2011Source: Air Methods
Air Methods Corporation announced the appointment of Chris Bassett as its new Director of Operations. Effective immediately, Mr. Bassett assumes responsibility for leading the company’s flight operations efforts to ensure aviation regulatory compliance and safe operations among the company’s 237 bases and 1,000 pilots. Mr. Bassett reports directly to the Chief Operating Officer (COO) and... Read more
8-Apr-2011Source: US Justice Dept
The Justice Department today announced that it has filed 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
6-Apr-2011Source: Small Cap Networks
Air Methods and Bristow are featured in this article on share price returns... Read more
29-Mar-2011Source: Gurufocus
COO of Air Methods Corp. Paul H Tate sells 3,500 shares of AIRM on 24th March at an average price of $63.72 a share. – total value $223,020... Read more
29-Mar-2011Source: Street Insider
Private equity firms clearly see a big opportunity in the ambulance transport service sector, announcing two large deals in the past couple of months. Speculation points to Air Methods... Read more
20-Mar-2011
While loading patient, an ED technician dressed in a blue plastic gown came sprinting around from the far side of the aircraft. The pilot was able to intercept this individual but not before he had come under the rotor disk and near the tail. While loading patient at Day Kimball Hospital, Putnam, CT, an ED... Read more
17-Mar-2011Source: Ministry Health Care
Ministry Health Care announced that its Ministry Spirit Medical Transportation Service (Spirit) will begin to operate a helicopter ambulance from a Ministry Saint Mary’s Hospital base in Rhinelander in June, 2011. In 2010, Spirit was unable to respond to 190 requests for air transport services due to other transports being already in process or to... Read more