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): February 7, 2017
AIR METHODS CORPORATION
(Exact Name of Registrant as Specified in Charter)
| Delaware | 0-16079 | 84-0915893 |
| (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 February 7, 2017, Air Methods Corporation (the “Company") announced preliminary patient transport and tourism passenger data for the month of January 2017. 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 February 7, 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: February 7, 2017 | By: | /s/ Crystal L. Gordon |
| Crystal L. Gordon | ||
| Senior Vice President, General Counsel and Secretary | ||
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press Release dated February 7, 2017 |
EXHIBIT 99.1
Air Methods Provides Update on Preliminary January Volumes
DENVER, Feb. 07, 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 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 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, (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.