Rotorcraft
Seeing Turbulence, Air Methods Might Trim Bell Buy
The company recently hinted that it is in the process of curtailing its massive buy of 200 Bell 407GXPs.

The largest helicopter EMS company in the U.S. posted slightly lower quarterly year-over-year net income for the quarter ended June 30 but higher income for the first six months of the year. Air Methods also reported significantly higher quarterly revenue for the period, up to $292.6 million from $263.6 million a year ago. Net income for the quarter fell to $26.98 million from $27.06 million from the year-ago period but climbed for the first six months of the year to $47.4 million from $39.9 million in the first six months of last year. While the overall financial report was good, there were hints of mild and looming turbulence.


Loading…