Air Methods

Air Methods Ascend Receives American Nurses Credentialing Center Accreditation

Retrieved on: 
Tuesday, March 12, 2024
Certification, Air Methods, Emergency nursing, Knowledge, Accreditation, International Board, Commission, BCEN, ANCC, CO, Licensure, Nursing, Nursing care plan

GREENWOOD VILLAGE, CO, March 12, 2024 (GLOBE NEWSWIRE) -- Air Methods , the nation’s leading air medical service provider, announced its nationwide clinical training program is now accredited by the American Nurses Credentialing Center (ANCC).

Key Points: 
  • GREENWOOD VILLAGE, CO, March 12, 2024 (GLOBE NEWSWIRE) -- Air Methods , the nation’s leading air medical service provider, announced its nationwide clinical training program is now accredited by the American Nurses Credentialing Center (ANCC).
  • This accreditation encompasses Ascend’s Critical Care Readiness in-person training and Critical Care Review online modules and is a testament to the clinical quality Air Methods Ascend not only provides its own clinicians but to clinicians nationwide.
  • This accreditation not only validates the quality of our program but also reinforces our position as a leader in the field of air medical services,” said Air Methods Senior Vice President of Clinical Services Dr. Stephanie Queen.
  • “The ANCC accreditation elevates Air Methods Ascend and helps to set us apart in the industry,” said Air Methods Ascend Clinical Education Manager Jeff Simons.

Saudia Technic Joins Forces with United Rotorcraft to Lead in Helicopter MRO Capabilities

Retrieved on: 
Tuesday, February 27, 2024
Emergency medical services, MENA, UR, Aviation, Part, Air Methods, MRO, Vision 2030, Law enforcement, Partnership, Maintenance (technical)

"The initiation of this collaboration is timely with the Kingdom’s surge in rotorcraft usage, spanning various sectors,” said Captain Fahd H. Cynndy, CEO of Saudia Technic.

Key Points: 
  • "The initiation of this collaboration is timely with the Kingdom’s surge in rotorcraft usage, spanning various sectors,” said Captain Fahd H. Cynndy, CEO of Saudia Technic.
  • Saudia Technic’s vision is clear: to pioneer and sustain a world-class rotorcraft MRO facility in the Kingdom.
  • Saudia Technic is developing the largest MRO infrastructure in the MENA region through its MRO Village located in Jeddah, contributing to Saudi Arabia's growing role as a regional aviation hub, and positioning Saudia Group as an industry leader in the region.
  • Their experience will be instrumental in aiding Saudia Technic to develop its rotorcraft Part 145 center of excellence, serving helicopter operators in both Saudi Arabia and the surrounding region with a comprehensive suite of services.

Lazard Reports Fourth-Quarter and Full-Year 2023 Results

Retrieved on: 
Thursday, February 1, 2024
Professional Services, Finance, Partnership, GOJO, McLaren, Lazard, Vodafone Italy, GAAP, Silicon, Endo International, Iliad Italia, Kimco Realty, Vista Equity Partners, Digital, Tax, Lumen Technologies, AUM, The Restaurant Group, SVB, Telegraph Media Group, Acquisition, Service provider, Sale, AFE, Air Methods, Nissan, Apollo Global Management, HDD, Tele Columbus, Conference, Share repurchase, Asset management, Video game

Operating revenue was $761 million for the fourth quarter of 2023, 13% higher than the fourth quarter of 2022, and $2,440 million for 2023, 12% lower than 2022.

Key Points: 
  • Operating revenue was $761 million for the fourth quarter of 2023, 13% higher than the fourth quarter of 2022, and $2,440 million for 2023, 12% lower than 2022.
  • For the fourth quarter of 2023, Asset Management operating revenue was $274 million, 6% higher than the fourth quarter of 2022.
  • Effective January 1, 2024, Lazard completed its conversion to a U.S. C-Corporation and changed its name from Lazard Ltd to Lazard, Inc.
  • ET on February 1, 2024, to discuss the company’s financial results for the fourth quarter and full year of 2023.

AirLift Texas Celebrates Grand Opening of New Fixed Wing Base

Retrieved on: 
Thursday, January 11, 2024
Weather, Spirometer, Death, Patient, Commerce, Shock (mechanics), Atmosphere of Earth, Insurance, Bleeding, Air Methods, Risk, Aircraft, Travel, Safety, Obstetrics, Nursing care plan, Blood

NEW BRAUNFELS, TEXAS, Jan. 11, 2024 (GLOBE NEWSWIRE) -- The AirLift Texas team was overjoyed to be joined on Tuesday by local first responders, hospital partners, the Greater New Braunfels Chamber of Commerce and Joyce Yannuzzi, District Director for Texas State Senator Donna Campbell, M.D., in the official ribbon-cutting ceremony to celebrate the grand opening of their new fixed wing base—AirLift 10.

Key Points: 
  • NEW BRAUNFELS, TEXAS, Jan. 11, 2024 (GLOBE NEWSWIRE) -- The AirLift Texas team was overjoyed to be joined on Tuesday by local first responders, hospital partners, the Greater New Braunfels Chamber of Commerce and Joyce Yannuzzi, District Director for Texas State Senator Donna Campbell, M.D., in the official ribbon-cutting ceremony to celebrate the grand opening of their new fixed wing base—AirLift 10.
  • “I know she’ll have patients that will benefit greatly from having AirLift Texas in this area, so on her behalf and on behalf of her office, welcome to New Braunfels.
  • Centrally located in Texas, this air medical asset adds to the current AirLift rotor wing ecosystem in Waco and Weslaco and supports sister base AirLIFE in Uvalde.
  • Because it’s a fixed wing aircraft, the AirLift 10 team can serve patients needing to travel further distances for definitive care.

Air Methods Successfully Completes Financial Restructuring

Retrieved on: 
Thursday, December 28, 2023
Air Methods, Atmosphere of Earth, Weil, Gotshal & Manges, Lazard, Alvarez and Marsal, Corporate action, Growth, L.L.C, Patient, Financial adviser

DENVER, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Air Methods Corporation (“Air Methods” or the “Company”), the leading air medical service provider in the U.S., announced today that it has successfully emerged from Chapter 11 with significantly reduced debt and increased liquidity that positions the Company for long-term success.

Key Points: 
  • DENVER, Dec. 28, 2023 (GLOBE NEWSWIRE) -- Air Methods Corporation (“Air Methods” or the “Company”), the leading air medical service provider in the U.S., announced today that it has successfully emerged from Chapter 11 with significantly reduced debt and increased liquidity that positions the Company for long-term success.
  • Air Methods is moving forward as an industry leader in air medical services and as an integral link between the nation’s top healthcare facilities and people in rural and remote communities.
  • We are well-positioned for long-term success and excited about the opportunities ahead.”
    As a result of the restructuring process, Air Methods reduced its total debt by approximately $1.7 billion.
  • “We also appreciate the strong support from our financial stakeholders, who share our confidence in Air Methods’ future.”
    Weil, Gotshal & Manges LLP served as legal advisor, Lazard served as financial advisor, and Alvarez & Marsal served as restructuring advisor to Air Methods.

Air Methods Receives Court Approval for Financial Restructuring Plan

Retrieved on: 
Wednesday, December 6, 2023
Air Methods, Health, Plan, Bankruptcy, Atmosphere of Earth, Court, Weil, Gotshal & Manges, Lazard, Alvarez and Marsal, Growth, L.L.C, Patient, United States bankruptcy court

DENVER, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Air Methods Corporation (“Air Methods” or the “Company”), the leading air medical service provider in the U.S., announced today that the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) confirmed the Company’s prepackaged Plan of Reorganization (the “Plan”).

Key Points: 
  • DENVER, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Air Methods Corporation (“Air Methods” or the “Company”), the leading air medical service provider in the U.S., announced today that the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) confirmed the Company’s prepackaged Plan of Reorganization (the “Plan”).
  • Air Methods, which has continued to operate normally throughout the court-supervised restructuring process, expects to emerge from Chapter 11 before the end of the year.
  • “We appreciate the support of our key financial stakeholders, which has enabled us to reach this milestone on an expedited basis,” said Williams.
  • Weil, Gotshal & Manges LLP is serving as legal advisor, Lazard is serving as financial advisor and Alvarez & Marsal is serving as restructuring advisor to Air Methods.

AirLift Texas Opens New Base to Offer Fixed Wing Service Across Texas

Retrieved on: 
Friday, December 1, 2023
Shock (mechanics), Bleeding, Travel, Beechcraft, Spirometer, Risk, Friends, Blood, Airlift, Air Methods, New Braunfels National Airport, Death, Aircraft, Nursing, Insurance, Weather, Patient, Safety, Nursing care plan, Obstetrics, Life, Hospital

NEW BRAUNFELS, TEXAS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- AirLift Texas announced today the opening of its new fixed wing air medical base in New Braunfels, TX.

Key Points: 
  • NEW BRAUNFELS, TEXAS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- AirLift Texas announced today the opening of its new fixed wing air medical base in New Braunfels, TX.
  • This air medical asset, AirLift 10, adds to the current AirLift rotor wing ecosystem in Waco and Weslaco, and also supports sister base AirLIFE in Uvalde.
  • The programs are part of Air Methods , the leading air medical service provider in the U.S.
  • “We established this base due to the growing need for fixed wing air medical services in the region,” said Evelynn Pruitt, account executive with Air Methods.

Air Methods Provides Standby Critical Air Medical Service at inaugural FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX

Retrieved on: 
Thursday, November 23, 2023
CAMTS, University Medical Center, Plasma, Air Methods, Accreditation, Health, Aircraft, Nursing, Las Vegas Grand Prix, Nursing care plan, Commission

LAS VEGAS, NV, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Air Methods , the nation’s largest air medical services provider, was selected to provide critical care needs at the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX, Nov. 16 through Nov. 18.

Key Points: 
  • LAS VEGAS, NV, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Air Methods , the nation’s largest air medical services provider, was selected to provide critical care needs at the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX, Nov. 16 through Nov. 18.
  • Air Methods’ Mercy Air program provided two standby airframes, equipped with critical care capabilities and highly trained and experienced flight teams, including pilots, paramedics, nurses, and aviation mechanics.
  • “Our high-caliber teams across the nation stand ready to answer the call day or night and the Las Vegas race was no different,” said Air Methods CEO JaeLynn Willams.
  • “We were honored and thrilled to be able to provide air medical service for this well-renowned event.

Lazard LTD Reports Third-Quarter and Nine-Month 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Asset Management, Professional Services, Finance, Sale, Air Methods, Smurfit Kappa, Venator, Kimco Realty, Francisco Partners, Share repurchase, Conference, GAAP, Acquisition, BPEA, Endo International, AUM, Growth, C corporation, Service provider, SVB, BPEA EQT, Reata Pharmaceuticals, Weather, Medicine, Silicon, Telegraph Media Group, BD (company), Lazard, Investment, United Group, Asset management, The Weather Company, National CineMedia, BC Partners, Ferrero SpA, Bed Bath & Beyond, Beauty salon, Clothing, Financial services, Security (finance), Video game, Cryptocurrency, Insurance, Bank, Vistra Corp, Nutrinova, Fenofibrate

For a list of publicly announced Financial Advisory transactions on which Lazard advised in the third quarter of 2023, or continued to advise or completed since September 30, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .

Key Points: 
  • For a list of publicly announced Financial Advisory transactions on which Lazard advised in the third quarter of 2023, or continued to advise or completed since September 30, 2023, please visit our website at www.lazard.com/financial-advisory/transactions/ .
  • For the third quarter of 2023, Asset Management operating revenue was $262 million, flat compared to the third quarter of 2022.
  • AUM as of September 30, 2023, was $228 billion, 5% lower than June 30, 2023, and 15% higher than September 30, 2022.
  • ET on October 26, 2023, to discuss the company’s financial results for the third quarter and first nine months of 2023.

Air Methods Takes Strategic Steps to Position Business for Long-Term Success

Retrieved on: 
Tuesday, October 24, 2023
Patient, Air Methods, Health, Supply chain, Bankruptcy, Commitment, Community, Alvarez and Marsal, Acquisition, Roger-Pol Droit, Wardwell, Growth, L.L.C, United States bankruptcy court, U.S.–Canada Air Quality Agreement, Lazard, RSA, Chapter 11, Title 11, United States Code, Weil, Gotshal & Manges, Nursing care plan, Security (finance), Nursing, Cryptocurrency

DENVER, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Air Methods Corporation (“Air Methods” or the “Company”), the leading air medical service provider in the U.S., announced today that it has entered into a Restructuring Support Agreement (“RSA”) with (i) majorities of its first lien lenders and bondholders and (ii) its equity sponsor under which such key stakeholders have agreed to support an expedited balance sheet restructuring. Implementing the restructuring contemplated by the RSA will reduce the Company’s total debt by approximately $1.7 billion, increase liquidity and position the business for long-term success by allowing it to focus on its growth and development strategies.

Key Points: 
  • We’ve also seen record numbers of transports, and we’ve opened several new bases across the country this year as there is a great demand for air medical services.
  • The prepackaged Chapter 11 process provides an orderly forum for Air Methods to implement the balance sheet restructuring efficiently and quickly.
  • Air Methods is operating normally and without service interruptions as it moves through the court-supervised process.
  • Weil, Gotshal & Manges LLP is serving as legal advisor, Lazard is serving as financial advisor and Alvarez & Marsal is serving as restructuring advisor to Air Methods.