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Form 8-K AIR METHODS CORP For: Jan 06

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January 6, 2017 4:01 PM EST
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________

Form 8-K
_____________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event Reported): January 6, 2017  

AIR METHODS CORPORATION
(Exact Name of Registrant as Specified in Charter)

Delaware0-1607984-0915893
(State or Other Jurisdiction of Incorporation)(Commission File Number)(I.R.S. Employer Identification Number)

 

7301 South Peoria, Englewood, Colorado 80112
(Address of Principal Executive Offices) (Zip Code)

(303) 792-7400
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 [   ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 [   ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 [   ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 [   ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

Item 2.02. Results of Operations and Financial Condition.

On January 6, 2017, Air Methods Corporation (the “Company") announced preliminary patient transport and tourism passenger data for the month of December 2016. A copy of the press release is furnished as Exhibit 99.1 to this Current Report. The information contained in this report, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall information be deemed incorporated by reference in any registration statement, proxy statement, or other report filed under the Securities Act of 1933 or the Securities Exchange Act of 1934, unless the Company specifically incorporates that information into those documents by reference.

Item 9.01. Financial Statements and Exhibits.

(d)  Exhibits

Exhibit No. Description
   
99.1 Press Release dated January 6, 2017

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 AIR METHODS CORPORATION
   
  
Date: January 6, 2017By: /s/ Crystal L. Gordon        
  Crystal L. Gordon
  Senior Vice President, General Counsel and Secretary
  

EXHIBIT INDEX

Exhibit No. Description
   
99.1 Press Release dated January 6, 2017

EXHIBIT 99.1

Air Methods Provides Update on Preliminary December Volumes

DENVER, Jan. 06, 2017 (GLOBE NEWSWIRE) -- 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 MedicalDec-16Dec-15YOY Change
(%)		4Q164Q15YOY Change
(%)
Transports5,1424,7358.6%17,57115,81711.1%
Transports + Weather Cancellations8,2857,8525.5%23,92422,9454.3%
Same-Base Transports (SBTs)4,4474,534(1.9%)15,10714,8911.5%
SBT + Weather Cancellations7,3107,498(2.5%)20,83721,664(3.8%)
TourismDec-16Dec-15YOY Change
(%)		4Q164Q15YOY Change
(%)
Passengers30,14932,256(6.5%)101,623103,261(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 Corporation
Air 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, ([email protected]). Please contact Christina Brodsly Ward at ([email protected]) to be included on the Company’s e-mail distribution list.


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