This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Air Methods Reaches Highest Level In FAA's Safety Management System Program

DENVER, May 20, 2013 (GLOBE NEWSWIRE) -- Air Methods Corporation (Nasdaq:AIRM), the global leader in air medical transportation, recently was informed by the Federal Aviation Administration (FAA) that it successfully reached the highest level (Level 4) of the FAA's voluntary Safety Management System (SMS) program. The SMS program is an organizational framework created and implemented by the FAA to systematically guide, track, and provide recognition for safety efforts by commercial air operators. Level 4, the continuous improvement stage, is the final phase of implementation. With this milestone, Air Methods joins the elite company of only seven other commercial air operators (including major U.S. airlines) in the nation to reach this final level, and currently is the only helicopter company and air medical provider to hold this distinction.

"Since Air Methods entered the FAA's voluntary SMS program in 2009, we set lofty goals to mature our SMS and reach this highest level," said Aaron Todd, chief executive officer, Air Methods. "This accomplishment demonstrates clarity and confidence that we have the tools in place to mitigate risk across all facets of the organization. Our core SMS working group was instrumental in keeping this effort on track, and our employees deserve credit for being front -line risk managers everyday."

To accomplish this milestone, Air Methods implemented a variety of voluntary safety programs more commonly used by major passenger commercial airlines and cargo operations. Examples include an Aviation Safety Action Program (ASAP), Maintenance Safety Action Program (MSAP), Line Operations Safety Audit (LOSA) Program, Flight Data Monitoring, Flight Operational Quality Assurance (FOQA), and an Internal Evaluation Program (IEP). In addition, Air Methods has embraced the 2009 National Transportation Safety Board (NTSB) recommendations to public Helicopter Emergency Medical Services operators, and in the last four years has invested millions in the technology required to follow through on these recommendations. The NTSB's recommendations included conducting scenario-based training and the use of simulators and flight training devices; implementing a safety management system program; installing flight data recording devices and establishing a structured flight data monitoring program; installing and requiring that pilots use night vision imaging systems for visual flight rules operations at night; and equipping helicopters with autopilots.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,106.70 +29.83 0.17%
S&P 500 2,000.02 +2.10 0.11%
NASDAQ 4,570.6370 +13.29 0.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs