Partner Article
BBA Aviation merges its aircraft management business with Gama Aviation
London-headquartered BBA Aviation has announced it is to merge its aircraft management and charter business with US aircraft management business Gama Aviation.
The new entity, which will be dubbed Gama Aviation Signature Aircraft Management (GASAM), will have around 200 airplanes under management and will be one of the world’s largest aircraft management and charter businesses.
Supported by BBA’s fixed-based operator (FBO) network, the newly created business will also have access to 10m sq m of hangars across the globe.
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 added: “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.”
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