Air Methods Corporation
AIRM, the global leader in air medical transportation, announced
today that it has successfully completed its acquisition of Sundance
Helicopters, Inc. (Sundance), a helicopter tour operator based in Las Vegas,
Nevada. Sundance is a leader in helicopter tour operations, focusing primarily
on Grand Canyon helicopter tours, but also providing 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."
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 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 features over 400 helicopters and fixed wing aircraft.
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