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<ACCESSION-NUMBER>0001144204-09-021929
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>4
<PERIOD>20090423
<ITEMS>2.02
<ITEMS>9.01
<FILING-DATE>20090423
<DATE-OF-FILING-DATE-CHANGE>20090423
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<CONFORMED-NAME>AIR METHODS CORP
<CIK>0000816159
<ASSIGNED-SIC>4522
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<STATE-OF-INCORPORATION>DE
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<FILE-NUMBER>000-16079
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<BUSINESS-ADDRESS>
<STREET1>7301 S PEORIA
<STREET2>P O BOX 4114
<CITY>ENGLEWOOD
<STATE>CO
<ZIP>80112
<PHONE>3037927400
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<STREET1>7301 S PEORIA
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<FORMER-CONFORMED-NAME>CELL TECHNOLOGY INC /DE/
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<html>
  <head>
    <title>Unassociated Document</title>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">UNITED
STATES SECURITIES AND EXCHANGE COMMISSION</font></div>
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D.C. 20549</font></div>
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8-K</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Current
Report</font></div>
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to Section 13 or 15(d) of the</font></div>
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Report (Date of earliest event reported)&#160;&#160;<font style="DISPLAY: inline; TEXT-DECORATION: underline">April 23,
2009</font></font></div>
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CORPORATION</font></font></div>
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792-7400</font></font></div>
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Name, Former Address and Former Fiscal Year, if Changed Since Last
Report:&#160;&#160;N/A</font></div>
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appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:</font></div>
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communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)</font></div>
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material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)</font></div>
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communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</font></div>
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communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))</font></div>
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2</font></div>
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                <div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Results
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Condition</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 36pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On April
23, 2009, Air Methods Corporation (the &#8220;Company") provided an update on
anticipated financial results for the quarter ended March 31, 2009. A copy of
the press release is furnished as Exhibit 99.1 to this Current Report. The
information contained in this report, including Exhibit 99.1, shall not be
deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, nor shall information be deemed incorporated by reference in any
registration statement, proxy statement, or other report filed under the
Securities Act of 1933 or the Securities Exchange Act of 1934, unless the
Company specifically incorporates that information into those documents by
reference.</font></div>
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EXHIBITS</font></font></td>
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Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned thereunto duly
authorized.</font></div>
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      April 23, 2009</font></div>
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                <td align="left" nowrap valign="top" width="35%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">/s/&#160;Trent
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        </div><br></div>1<br><br></div>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>v146930_ex99-1.htm
<TEXT>
<html>
  <head>
    <title>Unassociated Document</title>
    <!--Licensed to: Vintage Filings-->
    <!--Document Created using EDGARizer 4.0.6.1-->
    <!--Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved-->
    </head>
    <body bgcolor="#ffffff" style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><br>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div align="left"><img src="logo.jpg" alt=""></div>
      <div align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">&#160;</font>

        <div>
          <hr style="COLOR: black" align="center" noshade size="1" width="100%">
        </div>
      </div>
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    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">The
#1 Airborne Healthcare Company</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Air
Methods&#8217; Preliminary 1<font style="DISPLAY: inline; FONT-SIZE: 70%; VERTICAL-ALIGN: super">st</font> Qtr.
Results Exceed Expectations</font></div>
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Key Measures Are In-Line With or Exceed Expectations</font></div>
    <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DENVER,
CO., April 23, 2009 -- Air Methods Corporation (NasdaqGS: AIRM), the largest air
medical transportation company in the world, reported that preliminary first
quarter 2009 earnings exceed expectations.&#160;&#160;Expected earnings
improvement is attributed to better-than-anticipated patient transports in
March, improved reimbursement for community-based transports, and lower
maintenance and fuel expense.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Total
community-based patient transports were 9,432 during the current-year
quarter.&#160;&#160;Patients transported for community bases in operation
greater than one year (Same-Base Transports) decreased 418 transports or 4%,
while weather cancellations for these same bases decreased by 758 transports
compared with the prior-year quarter.&#160;&#160;During the month of March,
Same-Base Transports increased by 6 transports or less than 1%, while weather
cancellations for these same bases decreased by 94 transports compared with the
prior-year month.</font></div>
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net revenue per community-based transport for the first quarter of 2009 was
in-line with management&#8217;s expectations and reflects significant improvement over
the prior-year first quarter result of $6,622 per transport, as well as an
increase over the fourth quarter 2008 result of $7,156 per
transport.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Preliminary
maintenance expense reflects a $2.8 million reduction compared with the
prior-year quarter.&#160;&#160;Maintenance cost per flight hour decreased $43
per hour, or 7% compared with the prior-year quarterly result of $610 per
hour.&#160;&#160;Preliminary fuel expense decreased by $1.4 million compared
with the prior-year quarter, while fuel costs per community-based patient
transport decreased by $98 per transport, or 28% from $351 in the prior-year
period.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company noted that these preliminary results are subject to final quarter-end
closing and review procedures and are therefore subject to change.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="justify">Aaron Todd, CEO, stated, &#8220;We are pleased to see a return to
earnings growth for the first quarter of 2009. We are especially encouraged by
the return to historical levels of demand for service during the month of March.
Efforts to reduce maintenance costs through fleet rejuvenation and utilization
of more efficient single-engine aircraft are now generating returns on these
investments. The quarter has also benefited from greatly improved financial
performance within our Products Division as a result of increased backlog and
due to improved operating performance within our hospital-based
operations.&#8221;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 20.7pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
Company will report financial results for the first quarter ended March 31, 2009
after the close of the market on Thursday, May 7, 2009.&#160;&#160;The Company
has scheduled a conference call for Thursday, May 7, 2009 at 4:15 p.m. Eastern
to discuss these results.&#160; </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Interested
parties can access the call by dialing (877) 883-0656 (domestic) or (706)
643-8826 (international) or by accessing the web cast at <font style="DISPLAY: inline; TEXT-DECORATION: underline">www.airmethods.com</font>. A
replay of the call will be available at (800) 642-1687 (domestic) or (706)
645-9291 (international), access number 96724635 for 3 days following the call
and the web cast can be accessed at <font style="DISPLAY: inline; TEXT-DECORATION: underline">www.airmethods.com</font>
for 30 days.</font></div>
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</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Air
Methods Corporation (<font style="DISPLAY: inline; TEXT-DECORATION: underline">www.airmethods.com</font>)
is a leader in emergency air medical transportation and medical services. The
Hospital Based Services Division is the largest provider of air medical
transport services for hospitals. The Community Based Services Division is the
largest community-based provider of air medical services. The Products Division
specializes in the design and manufacture of aeromedical and aerospace
technology. The Company's fleet of owned, leased or maintained aircraft features
over 300 helicopters and fixed wing aircraft<font style="DISPLAY: inline; FONT-WEIGHT: bold">.</font></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="center"><img src="logo2.jpg" alt=""></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">Forward Looking Statements</font>:
This news release includes certain forward-looking statements, which are subject
to various risks and uncertainties. Actual results could differ materially from
those currently anticipated due to a number of factors, including but not
limited to the size, structure and growth of the Company's air medical services
and products markets; the collection rates for patient transports; the
continuation and/or renewal of air medical service contracts; the acquisition of
profitable Products Division contracts and other flight service operations; the
successful expansion of the community-based operations; and other matters set
forth in the Company's public filings.</font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 27pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 22.5pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">CONTACTS:</font>&#160;&#160;Aaron D.
Todd, Chief Executive Officer, (303) 792-7413.&#160;&#160;Please contact
Christine Clarke at (303) 792-7579 to be included on the Company&#8217;s fax and/or
mailing list.</font></div>
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end
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</SUBMISSION>
