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GMAA.GB Gama Aviation Plc

93.10
-1.90 (-2.00%)
08:04:06 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Gama Aviation Plc AQSE:GMAA.GB Aquis Stock Exchange Ordinary Share GB00B3ZP1526
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.90 -2.00% 93.10 90.00 100.00 95.00 93.10 95.00 11,218 08:04:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Gama Aviation PLC New management appointments to support growth

03/11/2016 11:45am

RNS Non-Regulatory


TIDMGMAA

Gama Aviation PLC

03 November 2016

Press release - 3(rd) November 2016

Gama Aviation Plc

New management appointments to support growth strategy

Gama Aviation Plc ("Gama Aviation") the global aviation services company, has announced the addition of four new management roles within its leadership team to supporting its growth strategy to double the scale of the business over the next two years. The new positions will augment the existing leadership team to drive organic growth and efficiently integrate acquisitions into the business. The new management positions are as follows:

Neil Medley, Chief Operating Officer, Group

Neil joins as Chief Operating Officer ("COO"), a new position within the leadership team. Neil joins the business from his former post of Chief Operating Officer of BAE Systems Applied Intelligence (part of BAE Systems plc, the FTSE 50 company). Neil will work alongside Marwan Khalek, Chief Executive of Gama Aviation, to improve business performance across all geographies.

Sergio Oliveira e Silva, General Manager, Hong Kong

Sergio joins the Group after twelve years' experience at Netjets and four years' experience in Hong Kong with Metrojet and Jet Aviation. His past experience positions him well to drive the performance of the Hong Kong business. With three aircraft already under management, Sergio will be focused on sourcing and growing additional scale into the Hong Kong operation.

Giovanni de Berti, General Manager, Africa

Giovanni joins Gama Aviation with twenty-five years' aviation experience, of which twelve is in business aviation. He will lead the African business. With experience in his previous role with Emeraude / ENI S.p.A (whose business aviation contract Gama Aviation operates), Giovanni is ideally positioned to manage the dynamics of this market, with the remit of re-launching the African operations.

Keith Marshall, General Manager, Engineering, Europe

Keith returns to lead the European maintenance business after managing the Gama Aviation's Hong Kong operations. Keith's role will be to further enhance its geographic breadth and services depth.

Marwan Khalek, Chief Executive Officer, Gama Aviation, commented:

"We are delighted by the talent we are attracting to the business. We have a hugely experienced management team who, along with these new appointments, will provide the additional management bandwidth to deliver our ambition of doubling the scale of our business over the next two years."

ENDS

For more information contact:

Duncan Daines

Chief Marketing Officer

Gama Aviation

duncan.daines@gamaaviation.com,

+44 (0) 1252 553029

   Gama Aviation Plc                                                          +44 (0) 1252 553000 

Marwan Khalek, Chief Executive Officer

Kevin Godley, Chief Financial Officer

Camarco +44 (0) 20 3757 4992

Ginny Pulbrook

Geoffrey Pelham-Lane

   Jefferies International                                                     +44 (0) 207 029 8000 

Simon Hardy

Harry Nicholas

Gama Aviation - Notes to editors

Gama Aviation Plc (GMAA) is a multi-disciplinary global aviation services company that specialises in providing support for individuals, corporations and government agencies. Following the reverse takeover by Hanger 8 in January 2015, Gama Aviation is now one of the top three global players in a highly fragmented market, with a fleet of 153 aircraft. Gama Aviation operates across Europe, the US, the Middle East, Asia and Africa.

Gama Aviation's services can be split into two broad areas: Air and Ground. The Air operations include aircraft management, charter, special mission operations and training, with Ground Services covering a broad range of maintenance services, Fixed Base Operator (FBO) operations, design engineering and

aircraft modifications.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

November 03, 2016 07:45 ET (11:45 GMT)

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