50 SKY SHADES - World aviation news

BBA Aviation creates market-leading aircraft management and charter company with Gama Aviation

Download: Printable PDF Date: 03 Jan 2017 10:25 category:
Publisher:
BBA Aviation creates market-leading aircraft management and charter company with Gama Aviation - Business aviation publisher
Krista Kuznecova
Aircraft: Airplanes

BBA Aviation plc (“BBA Aviation”, “the Group”), a market-leading provider of global aviation support and aftermarket services, is pleased to announce the merger of its aircraft management and charter business with Gama Aviation’s US aircraft management business.

With around 200 airplanes under management, the combined entity, Gama Aviation Signature Aircraft Management, will be one of the world’s largest aircraft management and charter businesses, supported by the exceptional and market-leading Signature Flight Support global FBO network, 10 million metres squared of hangars and an extensive fixed and mobile line maintenance, Aircraft on Ground and engine support capability.

Commenting on today’s announcement, Simon Pryce, Chief Executive of BBA Aviation, said:
“This agreement marks another milestone for BBA Aviation, creating a leading charter and fleet management company, whose scale will benefit both the Group and our customers. We look forward to working with our partners at Gama Aviation to develop and grow the company in the years ahead.”

Marwan Khalek, Chief Executive of Gama Aviation Plc said:
“We are delighted to announce this exciting deal and to be teaming up with BBA Aviation in the US. The enlarged business creates a market leader and an unrivalled platform for growing our market share of this massive business aviation market. This combination diversifies our customer base and extends our network coverage nationally whilst simpliflying the financial arrangement with our US partners.”

Gama Aviation Signature



Loading comments for BBA Aviation creates market-leading aircraft management and charter company with Gama Aviation...


Recommended

Emirates A380 Colombo flight marks a milestone

An Emirates  A380 superjumbo landed at Bandaranaike International Airport (BIA) Katunayake on Monday, helping Sri Lanka and the airport to achieve an aviation milestone. Sri Lanka’s...

Impact of weather conditions on flights and how airlines use it to cover up

If you have just been told that your flight has been delayed or cancelled, we can almost guarantee that it is because one of these reasons – airline negligence, technical issue or weather condit...

M3 smart motorway provides faster link to TAG Farnborough Airport

Following three years construction work and a GBP174m investment, the new four-lane M3 smart motorway between Farnborough jJunction 4a) and the M25 interchange (junction 2) has now opened bringing an...

Iran to Build Civil Helicopters in Joint Venture With Russia

Iran’s Development and Renovation Organization (IDRO) and Russian Helicopters Company plan to team up to assemble light Russian helicopters in the Islamic Republic, IDRO’s deputy director...