Air Methods Closes Acquisition Of Sundance Helicopters | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 08.29.14 ** HD iPad-Friendly -- Airborne 08.29.14 **
** Airborne 08.27.14 ** HD iPad-Friendly -- Airborne 08.27.14 **
** Airborne 08.25.14 ** HD iPad-Friendly -- Airborne 08.25.14 **

Sun, Jan 06, 2013

Air Methods Closes Acquisition Of Sundance Helicopters

Final Terms Of The Deal Were Not Disclosed

Air medical transportation company Air Methods Corporation has successfully completed its acquisition of Las Vegas, NV-based helicopter tour operator Sundance Helicopters, Inc.

Sundance focuses primarily on Grand Canyon helicopter tours, but also provides helicopter services to support fire fighting, natural resource agency operations, vertical lifts, aerial photography/motion pictures, news gathering, and aerial surveying. Sundance generated consolidated revenue of approximately $52.3 million for the fiscal year ended March 31, 2012.
 
Aaron Todd, the Company’s chief executive officer, stated, “Air Methods is very pleased to have completed all the necessary steps to close our acquisition of Sundance within our original expectation. We continue to believe that the key aviation adjacencies associated with this acquisition will position us well for success not only in the tour operations market, but also the fire fighting, natural resource agency operations, vertical lifts, aerial photography, news gathering, and aerial surveying helicopter sectors. We look forward to Sundance joining the Air Methods family.”
 
The Air Medical Services Division claims to be the largest provider of air medical transport services for hospitals and one of the largest community-based providers of air medical services. United Rotorcraft Division specializes in the design and manufacture of aeromedical and aerospace technology. Air Methods’ fleet of owned, leased or maintained aircraft consists of over 400 helicopters and fixed-wing aircraft.

(Pictured: Air Methods AS350)

FMI: www.airmethods.com

Advertisement

More News

Aero-TV: Doing It Diesel Style -- Glasair's New Diesel Offering

Glasair Makes A Commitment To Alternative Powerplants ANN CEO and Editor-In-Chief, Jim Campbell saw and reported on a lot of interesting things at Sun ‘n Fun 2014, and one of>[...]

AeroSports Update: KR Gathering Planned For Chino, CA

The KR Is The Little Homebuilt Airplane That Sits So Low You Can Almost Step Over It But, In The Sky, It Can Get Up And Go The Official 2014 KR Gathering will be held on Friday Sep>[...]

AD: Viking Air Limited Airplanes

AD NUMBER: 2014-17-01 PRODUCT: Viking Air Limited Model DHC-3 airplanes.>[...]

Prop Wars! MT-Props v Hartzell In War Of Words

Gerd R. Muehlbauer Says 'Competitors' Claims Are Misleading In an open letter to the industry, MT-Propellers president Gerd R. Muehlbauer says that claims made by rival propeller m>[...]

AD: Dassault Aviation Airplanes

AD NUMBER: 2014-16-27 PRODUCT: Certain Dassault Aviation Model FALCON 900EX airplanes.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC