This quater is going to be rough on AIRM and I cant wait to see how Aaron tries to salvage this one. Weather and reduced call volume have left this as one of the worst quarters in history. And you fools that think obamacare is giving back some money are fools. ANother quarter with reduced volume and even with the raised price last quarter it wont get it done this time. Insurances pushing back and some independants are using contracts with insurances for lower prices which has woken up the insurances that they dont HAVE to pay the 31,000 to AIRM. AIRM been living off price increases only and there is no more greenfield startups out there as the country is saturated with aircraft right now. Going short. good luck. Read my previosu post as I have yet to be wrong on my calls
he is going to have to try to play it that way. It has been an awful weather quarter but that doesnt take away from the decline in transport volume they were already seeing. I just dont see that spin working over and over. Now they are offering an insurance type product soon that people pay into and if you have to use a helicopter your not stuck with the balance bill- something smilar to air evac under air med holdings but I dont see any signifiacnt revenue base from that for some time if at all. He is going to have his hands full convincing investors that the ship is not sinking. the OBLY thing that has kept this company rocking is their price increases that the insurances continue to pay but at some point it will be over and with no increases in SBTV its only a matter of time unless they have more M&A's planned or more branching out. Some of these overseas contracts are lucrative if they could bag some of them?