This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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

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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs