Air Methods Reports 1Q2008 Results and 2Q2...(ed to any specific changesin reimburseme...),Health

Date:5/8/2008

ed to any specific changes in reimbursement trends. The increase in fuel prices does have direct relevance to future quarters. As previously announced, the Company has increased its pricing for community-based patient transports by 7% effective May 1st to offset the expected impact of higher fuel prices. The Company continues to expect healthy growth in year-over-year earnings per share dependent on more moderate weather cancellations and maintenance activities and consistent reimbursement trends for the remainder of the year."

The Company will discuss these results in a conference call scheduled today at 4:15 p.m. Eastern. Interested parties can access the call by dialing (888) 396-5640 (domestic) or (706) 643-0580 (international) or by accessing the web cast at http://www.airmethods.com. A replay of the call will be available at (800) 642-1687 (domestic) or (706) 645-9291 (international), access number 43095354, for 3 days following the call and the web cast can be accessed at http://www.airmethods.com for 30 days.

Air Methods Corporation (http://www.airmethods.com) 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 330 helicopters and fixed wing aircraft.

Forward Looking Statements: 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
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SOURCE Air Methods Corporation Copyright©2008 PR Newswire. All rights reserved

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