Air Methods Corp.
AIRM
NASDAQ42.95
USD
-0.05
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Air Methods Corp.
AIRM
(NASDAQ)
Recent
price
42.95
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div
yld
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ROIC.AI
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- Business
- Air Methods Corp. (NasdaqGS: AIRM), founded in 1980 and headquartered in Greenwood Village, Colorado, operates as the leading provider of air medical transport services in the United States, conducting over 100,000 patient transports annually across approximately 300 bases in 48 states using a fleet exceeding 450 rotorcraft and fixed-wing aircraft. The company's Air Medical Services division delivers hospital-based and community-based emergency medical transport via helicopters and airplanes, emphasizing safety, clinical excellence, and rapid response; its Products Division, United Rotorcraft, designs, manufactures, integrates, and installs specialized medical interiors, avionics, environmental control systems, and mission-specific equipment for emergency medical services, medevac, firefighting, airborne law enforcement, and search-and-rescue applications serving domestic and international customers. Additional divisions include Air Methods Ascend for clinician education and training; Cypheron for revenue cycle management with patient advocacy; and tourism operations through Blue Hawaiian Helicopters across Hawaii's major islands. In March 2025, Air Methods significantly expanded its fleet through major purchase agreements with Bell Textron Inc. for up to 27 helicopters including 15 Bell 407GXis, one Bell 429, and others, and with Airbus Helicopters for H140, 10 H125s, and 11 H135s to enhance nationwide emergency capabilities and support long-term growth. Recent developments also encompass fleet enhancements with additional Bell 429 helicopters in June and July 2025 to bolster partner operations in states like Iowa and North Carolina, alongside a renewed partnership with Temple MedFlight in November 2025 to sustain critical patient transports.