Gama Aviation PLC Gama wins two long-term special mission contracts

TIDMGMAA

Gama Aviation PLC

09 January 2017

Press release

Gama Aviation wins, two long-term special mission contracts.

Farnborough, 9(th) January 2017 - Gama Aviation Plc [LSE: GMAA], is pleased to announce the award of two long-term special mission contracts.

The first is a new three-year contract award (with an option to extend for a further two years from the National Police Air Service [NPAS]) for the provision of fixed-wing aircraft maintenance, continuing airworthiness and spare parts for its new Vulcanair P68R fleet. The contract covers the maintenance of four aircraft including daily flight inspections, line maintenance, scheduled maintenance, and the supply of aircraft and mission equipment parts. The aircraft, which are capable of flying in all weather, day & night, will be deployed on mission critical tasks across England and Wales requiring a high level of operational availability; a core competency of Gama Aviation's special mission support team.

Charlotte Daynes, Senior Category Manager - ICT & Aviation, Yorkshire & the Humber Regional Procurement Team: "After a thorough, fair and transparent tender process we are pleased to award the contract to Gama Aviation (Engineering) Ltd (a subsidiary of Gama Aviation Plc), who put forward a competitive bid of impressively high quality. We look forward to working with them into the future."

The second is the award by an existing client of an aerial survey contract for a new initial term of five years. The contract involves the operational management and piloting of the client's aircraft and was awarded following a competitive tender process.

Marwan Khalek, Chief Executive Officer comments: "We are delighted to be starting the year positively with these two important contract awards, representing over GBP10 million in revenues over the period of the contracts. Both were competitive and wining them reflects our strong special mission capability in the UK both as a primary and secondary contractor. Clients are attracted to our bespoke, turnkey solutions that offer a unique blend of air and ground services which are ideally suited to complex, mission critical, assignments."

Gama Aviation retains additional special mission contracts with NHS Scotland and the Ministry of Defence.

ENDS

For more information contact:

Duncan Daines

Chief Marketing Officer

Gama Aviation

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Ginny Pulbrook

Geoffrey Pelham-Lane

Gama Aviation - Notes to editors

Gama Aviation (GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies. Gama Aviation is now one of the top three global players in a highly fragmented market, with a fleet of over 250 aircraft operating across Europe, the US, 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, special mission and charters, with Ground Services covering aircraft maintenance services, aircraft modification design and installation and Fixed Base operations.

This information is provided by RNS

The company news service from the London Stock Exchange

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January 09, 2017 02:05 ET (07:05 GMT)