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Contract Wins and Joint Ventures

Gama Aviation teams up with BBA Aviation

03 January 2017 07:16

BBA Aviation, a market-leading provider of global aviation support and aftermarket services, is merging 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 sq m of hangars and an extensive fixed and mobile line maintenance, Aircraft on Ground and engine support capability. BBA chief executive Simon Pryce 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."

Gama Aviation CEO Marwan Khalek 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. The combination diversifies our customer base and extends our network coverage nationally whilst simplifying the financial arrangements with our US partners."

Story provided by StockMarketWire.com

Related Company: BBA

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