Air Methods Orders 10 Eurocopter EC135 Helicopters to Expand Air Medical Service Fleet
March 16 2004 - 7:00AM
PR Newswire (US)
Air Methods Orders 10 Eurocopter EC135 Helicopters to Expand Air
Medical Service Fleet DENVER, March 16 /PRNewswire-FirstCall/ --
Air Methods Corporation today announced the placement of a major
order for ten (10) Eurocopter EC135 twin-engine helicopters as part
of the Company's long-term fleet expansion and modernization
program. The aircraft are scheduled for delivery to Air Methods
throughout 2004. The Eurocopter EC135 features a wide-open design
and over-sized sliding doors and rear clamshell doors for
convenient loading of patients. It also incorporates
state-of-the-art helicopter technology and panoramic visibility for
improved sight line capabilities. Aaron Todd, Chief Executive
Officer of Air Methods Corporation, said, "This purchase is an
integral part of our long-term plan to increase and continually
upgrade our fleet as we strategically expand our community-based
operations, and it provides enhanced solutions for our existing
hospital customers. Additionally, the timing of this purchase
allows us to take advantage of current favorable financing
opportunities. Air Methods is dedicated to meeting the specific
needs and requirements of our customers and these new aircraft will
provide efficient service for years to come." AirMethods
Corporation (http://www.airmethods.com/) is a leader in emergency
aeromedical transportation, medical services and technology. The
Air Medical Services Division is the largest provider of air
medical transport services for hospitals. The LifeNet Division is
the largest community-based provider of air medical services. The
Products Division specializes in the design and manufacture of
aeromedical and aerospace technology. The Company's fleet of owned,
leased or maintained aircraft featuresmore than 180 helicopters and
fixed wing aircraft. Forward Looking Statements: This news release
includes certain forward-looking statements, which are subject to
various risks and uncertainties. Actual results could differ
materially from those currently anticipated due to a number of
factors, including but not limited to the size, structure and
growth of the Company's air medical services and products markets;
the collection rates for patient transports; the continuation
and/or renewal of air medical service contracts; the acquisition of
profitable Products Division contracts and other flight service
operations; the successful expansion of the community-based
operations; successful integration of RMH operations and other
matters set forth in the Company's public filings. DATASOURCE: Air
Methods Corporation CONTACT: Aaron D. Todd, Chief Executive Officer
of Air Methods Corporation, +1-303-792-7413; or RCG Capital Markets
Group, Inc., +1-480-675-0400, for Air Methods Corporation Web site:
http://www.airmethods.com/
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