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.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs