LONDON, UK: Gama Aviation, a global aviation services company, has confirmed that it is in talks to buy Specialist Aviation Services Limited, a UK-based firm that provides helicopter emergency medical services and aircraft maintenance. Specialist Aviation Services, or Specialist, operates contracts with several air ambulance charities in the UK and generated around £24m of revenue…
All posts tagged Gama Aviation
Gama Aviation Plc agrees to sell Jet East for $131 million
LONDON, UK: Gama Aviation Plc has conditionally agreed to sell the Group’s US MRO Business, Gama Aviation (Eng) Inc. (GAEI), trading as Jet East to West Star Aviation Enterprises for a value of approximately US$131 million on a cash free/debt free basis with normalised working capital. Marwan Khalek, Group Chief Executive, Gama Aviation Plc commented;…
Gama Aviation sells 20% holding in China Aircraft Services for $2.0mn
LONDON, UK: Gama Aviation, the global business aviation service provider, has agreed the sale of its 20% holding in the issued share capital of China Aircraft Services Limited (CASL) to Hutchison CCF Investments Limited. China Aircraft Services Limited (CASL) provides services to commercial airlines at Hong Kong Airport. The sale, which is for cash consideration…
Gama Aviation commences air ambulance helicopter operations in Scotland
LONDON: Gama Aviation, the global business aviation service provider, is delighted to announce that as at 07.00, 1st June 2020, it has commenced helicopter emergency medical services (HEMS) on behalf of the Scottish Ambulance Service. The Group, as the prime contract holder, and following the successful entry into service of three Airbus H145 helicopters (announced…
Gama Aviation awarded Transmitting Portable Electronic Devices (TPED) contract
LONDON: Gama Aviation, the global business aviation service provider, has been awarded a contract by the Home Office to complete Transmitting Portable Electronic Devices (TPED) testing on several Emergency Services aircraft in-line with its delivery of the new Emergency Services Network (ESN). ESN is the next generation of critical communications for the three Emergency Services…