Air Methods Provides Update on Preliminary January Volumes
February 07 2017 - 4:01PM
Air Methods Corporation (Nasdaq:AIRM), the global leader in air
medical transportation, today reported preliminary patient
transport and tourism passenger data for the month of January 2017.
Air Medical |
Jan-17 |
|
Jan-16 |
|
YOY Change (%) |
Transports |
4,919 |
|
5,219 |
|
-5.7 |
% |
Transports + Weather Cancellations |
8,347 |
|
7,564 |
|
10.4 |
% |
Same-Base Transports (SBTs) |
4,237 |
|
4,779 |
|
-11.3 |
% |
SBT + Weather Cancellations |
7,330 |
|
7,042 |
|
4.1 |
% |
Tourism |
Jan-17 |
|
Jan-16 |
|
YOY Change (%) |
Passengers |
34,211 |
|
29,591 |
|
15.6 |
% |
Aaron Todd, CEO of Air Methods, stated, “Patient
transports were impacted negatively by weather in January. As a
percent of requests, weather cancellations represented 29.1% of
requests, the highest for any month over the past six years. On an
encouraging note, same-base requests grew slightly (0.1%) after
declining in the prior eight months.”
About Air Methods
CorporationAir Methods Corporation (www.airmethods.com) is
the global leader in air medical transportation. The Air Medical
Services Division is the largest provider of air medical transport
services in the United States. The United Rotorcraft Division
specializes in the design and manufacture of aeromedical and
aerospace technology. The Tourism Division is comprised of Sundance
Helicopters, Inc. and Blue Hawaiian Helicopters, which provide
helicopter tours and charter flights in the Las Vegas/Grand Canyon
region and Hawaii, respectively. Air Methods’ fleet of owned,
leased or maintained aircraft features approximately 500
helicopters and fixed wing aircraft.
Forward Looking Statements:
Forward-looking statements in this news release are made pursuant
to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Statements in this press release that are
“forward-looking statements”, including statements we make with
regard to preliminary results of (i) total transports, (ii)
same-base transports, (iii) weather cancellations, (iv)
tourism passengers, and (v) same-base requests for January 2017 are
based on current expectations and assumptions that are subject to
risks and uncertainties. Actual results could differ materially
from those currently anticipated due to a number of factors,
including but not limited to the Company’s completion of its first
quarter closing and review procedures and other matters set forth
in the Company's filings with the SEC. The Company is under no
obligation (and expressly disclaims any obligation) to update or
alter its forward-looking statements, whether as a result of new
information, future events or otherwise.
CONTACTS: Peter P. Csapo, Chief Financial Officer, (peter.csapo@airmethods.com). Please contact Christina Brodsly Ward at (Christina.brodsly@airmethods.com) to be included on the Company’s e-mail distribution list.
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