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GMAA Gama Aviation Plc

94.00
-0.50 (-0.53%)
Last Updated: 08:00:08
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gama Aviation Plc LSE:GMAA London Ordinary Share GB00B3ZP1526 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -0.53% 94.00 91.00 97.00 94.00 92.50 94.00 2,027 08:00:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled 285.64M -8.86M -0.1385 -6.79 60.12M

Gama Aviation PLC European Maintenance Agreement

31/01/2017 7:01am

RNS Non-Regulatory


TIDMGMAA

Gama Aviation PLC

31 January 2017

Press release

WIJET signs European maintenance agreement with Gama Aviation.

Farnborough, 31st January 2017. Gama Aviation Plc's (AIM:GMAA), European Ground division is pleased to announce the signature of a Europe-wide maintenance agreement with WIJET, which recently acquired Blink.

From its Oxford (UK) base, Gama Aviation will provide full base and line maintenance support for WIJET's fleet of fifteen Cessna Citation Mustangs, in addition to providing AOG support across Europe to ensure aircraft availability. The first Mustang has already arrived at Oxford to begin routine checks; the other fourteen are due by the end of April.

Pat Marchant, Head of Maintenance, WIJET comments: "Our business is reliant on maintaining aircraft availability. Gama Aviation has a long history of providing mission critical support to fleets around the world and as such is an ideal partner to provide maintenance support across Europe."

The contract award comes at a time of growth for Gama Aviation's Oxford base. Within the last six months, the base has added considerably to its EASA and FAA maintenance approvals, and it now supports the Citation Mustang (the aircraft operated by Wijet) as well as the 560 XLS, King Air 90-300 series, Learjet 45 and Premier 1, and larger aircraft such as Bombardier's Global, Challenger and Embraer's Legacy series.

Marwan Khalek, Group Chief Executive, Gama Aviation Plc comments: "Following the National Police Air Service ("NPAS") contract win, the European Ground business has continued its strong start to the year. This deal demonstrates the scale, breadth and depth of our Ground offer; its benefit to clients who value mission critical support and our ability to grow our business organically worldwide."

For more information contact:

Duncan Daines

Chief Marketing Officer

Gama Aviation

   duncan.daines@gamaaviation.com                                  +44 (0) 1252 553029 
   Camarco                                                                      +44 (0) 20 3757 4992 

Ginny Pulbrook

Geoffrey Pelham-Lane

Gama Aviation - Notes to Editors

Gama Aviation Plc (AIM:GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies.

The company's services can be split into two broad service areas: Air and Ground. Air services include: aircraft management, special mission support, charter and training; with Ground services covering: aircraft maintenance services, aircraft modification design and installation and Fixed Base Operations (FBO).

More details can be found at: http://www.gamaaviation.com/

About WIJET

At EUR 2,400 per flight hour, Wijet has revolutionized the business aviation market by making traveling by jet as simple as hailing a taxi. With 1,200 airports served as compared to 300 for a traditional company, Wijet transports its customers closer to their final destination by reducing related costs. No more complications, registration formalities, transit delays or lost time: a new era safe, efficient, high-quality service has begun. The Wijet offer is transparent, responsive and competitive, reducing distances between European cities and broadening the opportunities for business and leisure customers.

Last September, Wijet, the French Air Taxi Jet Service, acquired its English competitor, Blink, to become the world's premier Air Taxi Jet Service.

For further information, www.wijet.com

Wijet Press Contact :

Nathalie Franchini Communication - Grégory Maxime - + 33 (0)1 47 54 57 77 gregory@franchinicommunication.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

NRADMGFMZGMGNZZ

(END) Dow Jones Newswires

January 31, 2017 02:01 ET (07:01 GMT)

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