Sun, Jan 06, 2013
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)
Says 'It's Just Common Sense ... To Stay Off The Phone’ Transportation and Infrastructure Chairman Bill Shuster (R-PA) introduced a bill Monday prohibiting in-flight cell pho>[...]
An Amazing Melding Of Motion, Visual And Aerodynamic Response In An Affordable Training Device While at the Redbird Migration 2013 meeting, ANN CEO and Editor-In-Chief, Jim Campbel>[...]
AD NUMBER: 2013-24-03 PRODUCT: Certain Beechcraft Corporation (type certificate previously held by Hawker Beechcraft Corporation) Models 1900, 1900C, and 1900D airplanes.>[...]
AD NUMBER: 99-01-05 R1 PRODUCT: Certain aircraft equipped with wing lift struts>[...]
The National Heritage Warbird Foundation The National Heritage Warbird Foundation is a great source of pride for our family and we hope that you find it informative and enlightenin>[...]