Air Methods Provides Update on Preliminary December Volumes
January 06 2017 - 9:01AM
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 December
2016.
Air Medical |
Dec-16 |
Dec-15 |
YOY Change (%) |
4Q16 |
4Q15 |
YOY Change (%) |
Transports |
5,142 |
4,735 |
8.6 |
% |
17,571 |
15,817 |
11.1 |
% |
Transports + Weather Cancellations |
8,285 |
7,852 |
5.5 |
% |
23,924 |
22,945 |
4.3 |
% |
Same-Base Transports (SBTs) |
4,447 |
4,534 |
(1.9 |
%) |
15,107 |
14,891 |
1.5 |
% |
SBT + Weather Cancellations |
7,310 |
7,498 |
(2.5 |
%) |
20,837 |
21,664 |
(3.8 |
%) |
Tourism |
Dec-16 |
Dec-15 |
YOY Change (%) |
4Q16 |
4Q15 |
YOY Change (%) |
Passengers |
30,149 |
32,256 |
(6.5 |
%) |
101,623 |
103,261 |
(1.6 |
%) |
Aaron Todd, CEO of Air Methods, stated, “Tourism
volumes were impacted negatively by weather in both our Sundance
and Blue Hawaiian operations. We anticipate the passenger count
would have been roughly flat in December were it not for
weather.”
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, and (iv) tourism
passengers for December 2016 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 fourth 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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