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Air Methods

 
Wikipedia: Air Methods
Air Methods, Corp.
Type Public (NASDAQAIRM)
Founded 1980
Headquarters Englewood, Colorado, USA[1]
Key people Aaron D. Todd, CEO
Industry Air Services, Other
Revenue $396.349 million (2007)
Operating income $49.627 million (2007)
Net income $27.537 million (2007)
Employees 2,739[2]
Subsidiaries FSS Airholdings
Rocky Mountain Holdings
Mercy Air Service
LifeNet
Website www.airmethods.com
2007 Annual Report

Air Methods, Corp. (NASDAQAIRM) is the largest publicly owned emergency medical services helicopter operator in the United States, with a fleet of over 200 medical transport helicopters that average 85,000 transports and 100,000 flight hours per year as of December 2006.[3]

Air Methods' company headquarters are at Centennial Airport[4] in the Denver-Aurora Metropolitan Area; Englewood, Colorado, is used in the company's mailing address.[5][6][7][8]

Contents

Subsidiaries and acquisitions

Air Methods provides air medical emergency transport services under two separate operating models: the Community-Based Model (CBM) and the Hospital-Based Model (HBM).

Rocky Mountain Holdings, LLC (RMH), Mercy Air Service, Inc. (Mercy Air), and LifeNet, Inc. (LifeNet) operate as wholly-owned subsidiaries of Air Methods.[9]

Air Methods purchased CJ Systems Aviation Group, a leading provider of aeromedical transport, in October 2007.[10]

Service Models

Air Methods provides services through two basic programs; Community-Based Model (CBN) and Hospital-Based Model (HBM) operations. Under both programs Air Methods transports persons requiring intensive medical care from either the scene of an accident or general care hospitals to highly skilled trauma centers or tertiary care centers.

The CBM operates 105 bases at hospitals, fire stations or airports, operating more than 127 helicopters and fixed-wing aircraft and Air Methods employees provide medical care to patients en route.

The HBM delivery model serving 80 hospital customers in 33 states and operates a fleet of more than 170 hospital-based aircraft and medical care en route is provided by employees or contractors of customer hospitals.

Other services

The Air Methods Products Division designs, manufactures, and installs aircraft medical interiors and other aerospace or medical transport products.

Aircraft

A Bell 412 operated by Mercy Air, a subsidiary of Air Methods

In December 2007, a new Eurocopter EC 145 Air Ambulance was completed for the Mayo Clinic.[11]

Accidents

Air Methods has had, after the 2006 Mercy Air helicopter accident, a total of 19 accidents leading to the deaths of 21 people nationwide according to the National Transportation Safety Board's records.[12] Air Methods companies had three other fatal accidents, in a 10 year period. On September 7, 2002, three crew members died when a Mercy Air helicopter based in Nevada crashed in Nipton, California after the main rotor blades separated while maneuvering in flight after dark.[12] In January 2005, an Air Methods helicopter crashed in Washington, D.C. with two dead and one injured, and another crashed in Mississippi killing one.[13] Craig Yale, the vice president of corporate development for Air Methods, stated in a news conference shortly after the accident that, "We fly over 100,000 hours a year, 85,000 missions a year, and in doing so have had very few fatal accidents over a 10-year period."[12]

On June 29, 2008, a Bell 407 medical helicopter operated by Air Methods collided with another medical helicopter in Arizona, killing six of the seven aboard both aircraft. Another Air Methods helicopter crashed in May in Wisconsin soon after taking off; three people were killed in that accident: the pilot, flight doctor and flight nurse.[14]

See also

References

  1. ^ Reuters. Company Profile (The postal designation of Englewood is used as the company's mailing address; it is actually in unincorporated Arapahoe County, and Englewood lies several miles west.)
  2. ^ "Company Profile for Air Methods Corp (AIRM)". http://www.zenobank.com/index.php?symbol=AIRM&page=quotesearch. Retrieved 2008-10-20. 
  3. ^ McCarthy, Guy; Robert Rogers, Staff Writers (2006-12-12). "Crash probe starts : Copter made no distress call". Inland Valley Daily Bulletin. http://www.dailybulletin.com/search/ci_4823449. "Air Methods Corp. has a fleet of 208 medical transport helicopters that average 85,000 transports and 100,000 flight hours per year, [Craig] Yale [vice president of corporate development] said, making it the largest private provider of air medical transport services in the country." 
  4. ^ Rocky Mountain News. [1] "IN COLORADO: One chopper leased from Colo.-based firm".
  5. ^ annual report
  6. ^ FAA. N-Number registry database.
  7. ^ FAA. AC 135-13N - FAA CERTIFICATED AIR CARRIERS DIRECTORY.
  8. ^ Air Methods. Contact Us.
  9. ^ "Who We Are - Air Methods". http://www.airmethods.com/content/index.cfm?fuseaction=showContent&contentID=2&navID=2. Retrieved 2007-06-19. 
  10. ^ "Air Methods Completes Acquisition of FSS Airholdings, Inc., Parent Company of CJ Systems Aviation Group, Inc.". http://www.airmethods.com/content/index.cfm?fuseaction=showPressRelease&newsReleaseID=1057532. Retrieved 2008-07-06. 
  11. ^ 9 News at 7am, KUSA-TV, Channel 9, NBC, Denver, Colorado, aired 7:00-8:00am, MST circa December 20, 2007.
  12. ^ a b c Garcia, Ana (2006-12-21). "Fatal Crash Raises Air Ambulance Safety Concerns". KNBC-TV News (Los Angeles). http://www.knbc.com/news/10581778/detail.html. "The Air Methods companies have had 19 crashes leading to the deaths of 21 people nationwide according to the National Transportation Safety Board." 
  13. ^ Gang, Duane W.; Lisa O'Neill-Hill and Paul LaRocco (2006-12-12). "Helicopters grounded : The number of crashes has increased in recent years, a federal study finds.". Press-Enterprise. http://www.pe.com/localnews/rialto/stories/PE_News_Local_D_mercy12.3a9de9c.html#pop. "The pilot, nurse and paramedic of an air ambulance that crashed Sunday night in a foggy, hilly area near the summit of the Cajon Pass were an experienced crew, company officials and colleagues said Monday." 
  14. ^ "Air Methods stock down after crash". Denver Business Journal. 2008-06-30. http://www.bizjournals.com/denver/stories/2008/06/30/daily1.html?ana=from_rss. Retrieved 2008-10-04. 

External links


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