SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                               ___________________

                                    FORM 8-K

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of Report (Date of earliest event reported)  December 2, 2003
                                                         ----------------

                         Commission file number  0-16079
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                             AIR METHODS CORPORATION
                             -----------------------
             (Exact name of Registrant as Specified in Its Charter)


              Delaware                                  84-0915893
              --------                                  ----------
   (State or Other Jurisdiction of                  (I.R.S. Employer
   Incorporation or Organization)                 Identification Number)



 7301 South Peoria, Englewood, Colorado                   80112
 ------------------------------------------               -----
 (Address of Principal Executive Offices)               (Zip Code)


        Registrant's Telephone Number, Including Area Code (303) 792-7400
                                                           --------------


    Former Name, Former Address and Former Fiscal Year, if Changed Since Last
                                  Report: N/A



ITEM 5.   OTHER EVENTS

On  November  26,  2003,  Air  Methods Corporation (the Company) entered into an
agreement  to sell 1.2 million shares of its common stock in a private placement
to  institutional investors at $8.00 per share. The transaction was completed on
December  2, 2003.  The Company expects to use the net proceeds of the financing
for  general  corporate  purposes.  The securities being offered and sold in the
private  placement have not been registered under the Securities Act of 1933, as
amended,  and  may  not  be  reoffered  or resold absent registration, unless an
exemption  from  applicable  registration requirements is available. The Company
has  agreed  to  file  a registration statement with the Securities and Exchange
Commission  to  permit resales of the shares of common stock sold in the private
placement.

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS

     (c)  Exhibits

          4.1  Form of Common Stock Purchase Agreement, dated November 26, 2003

          99.1 Press Release dated December 1, 2003


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SIGNATURES

     Pursuant  to  the  requirements of the Securities Exchange Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned  thereunto  duly  authorized.


                                      AIR METHODS CORPORATION



Date: December 3, 2003                By  /s/ Trent J. Carman
                                          --------------------------------------
                                          Chief Financial Officer


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