Gama Aviation Share Discussion Threads

[igoe104] 12/9/2018 13:18

Downing Reviewing GAMA and their other mirco caps.

hxxps://t.co/CIsZqxxTG2

[rivaldo] 12/9/2018 09:29

Two more new contracts:



"5th Sep 2018

Gama Aviation strikes maintenance support deal with Fontainebleau Aviation’s Opa Locka FBO.
Opa Locka is added to US coast-to-coast AOG and line support network.

Opa Locka, 5th August – Gama Aviation, the global business aviation services company, is pleased to announce a commercial agreement between its Gama Aviation (Engineering) Inc. and Fontainebleau Aviation’s FBO at Opa Locka (KOPF).

The agreement sees the integration of the Precision Aircraft Maintenance team (owned by Fontainebleau Aviation) into Gama Aviation’s comprehensive US maintenance network. Opa Locka, when combined with Gama Aviation’s existing facility at Palm Beach International, mobile units at St Petersberg and St Augustine, provides Floridian aircraft owners and transient winter clients a compelling, cross state, maintenance support offer.

Dennis Richey, President, US Ground commented: “These are exciting times in our development as we build a network that offers our clients a local touch in high volume locations. Opa Locka is an important addition in Florida with its strong heritage in supporting Citation, Bombardier, Gulfstream and Dassault products. By combining a passionate, highly experienced local team with resources from our base at Palm Beach International, we’ll be able to offer our own clients, those of the FBO and other transient / resident aircraft, a wider range of AOG, line and base maintenance support from this world-class facility.”

Bobby Courtney, VP of Aviation, Fontainebleau Aviation commented: “Our FBO was built on the philosophy of offering our guests a world-class service across all aspects of their experience with us. To deliver, we wanted a maintenance partner with a similar passion, which led us directly to Gama Aviation. With them, not only do we meet our goal at the FBO, we also extend our service beyond, providing our clients with maintenance support continuity across the US and internationally. For them and us, this is a win-win situation.”

And:

"5th Sep 2018

Gama Aviation adds Cessna Citation XLS+ to its European fleet

Jersey, Channel Islands, 5th Septembert 2018 – Gama Aviation, the global business aviation services company, is pleased to announce it has won an aircraft management contract for a brand-new Jersey based Cessna Citation XLS aircraft. The aircraft, will become the newest of three Citation XLS aircraft based on the Island.

Mark Gascoigne, Managing Director, Europe Air commented: “We are thrilled to continue the growth of the fleet in Europe with two good wins of late. The Citation XLS+ is a great addition to Jersey and with excellent charter availability we are expecting high demand for this well-appointed aircraft”.

The new Citation XLS+, comes after a series of recent wins for Gama Aviation with the Group having added a Bombardier Global 5000, a Gulfstream G650ER and two light jets to its global fleet over the last two months.

Gascoigne continues: “The addition of the Citation XLS+ demonstrates our passion for service excellence, our ability to support our clients’ mission and our unrelenting commitment to ensuring that we turn the complexity of aviation into a simple, enjoyable experience for our clients.”

[rivaldo] 10/9/2018 09:55

Good to see a £37,000 buy at 200p and a move up to start the week.

[napoleon 14th] 30/8/2018 12:03

Boring share price. Sold half a while ago, at a 33% profit.
Needs to come up with something solid on Sept. 24th.

Thanks for the updates, Rivaldo. At least they confirm things are happening.

[corrientes] 29/8/2018 12:40

Share action over last few months suggests that results will be neutral to mediocre with a further minor decline in the share price If there was any confidence here, I'd expect to see the price going gently in a northerly direction.

What do others think, for clearly previous optimism by various parties seems dead and buried ?

[twirl] 28/8/2018 15:44

sharemongering>> I have been in and out of this since Hanger8 days and I have been amazingly lucky with my timing having sold 250 twice and bought 110 in between.Pity I have not performed as well elsewhere.

I am a fan of GMAA but am holding off buying as I think it could fall further esp if results don't impress and I see a debt based market crash anytime soon.

However I would buy sub 150 whatever.

[sharemongering] 28/8/2018 13:16

Their financial half year update is being released 24th Sept. Not new news but there's a few red flags in their statement and I'm keen to know if there's been any improvement in performance. It looks like a solid business but I'd like to see some positive news before taking further action. What's anyones view - good or bad?

[bsharman3] 22/8/2018 11:32

It took a few days but I did eventually ! Thanks - not much going on though at the moment.. Although at least the price is not dropping.

[sharemongering] 22/8/2018 10:30

@bsharman3 did you get the shares at the price you wanted?

[igoe104] 13/8/2018 15:25

I concur, bsharman3. I tried a £340 quid dummy buy, and the mms were only willing to take it to the market at a premium. but you can sell a large amount.


Are they deliberately keeping the price low, so a buyer and accumulate at this level. ???

[bsharman3] 13/8/2018 14:32

I can't get an electronic quote on this.... have tried all morning. I only want to buy a small starting position of 600 shares though..

[rivaldo] 13/8/2018 10:50

More news:



"Gama Aviation enhances US biz jet maintenance capability with new bases
6th Aug 2018

Gama Aviation extends its US biz jet maintenance capability with new line, base and heavy locations.

West Palm Beach, 6th August 2018 – Gama Aviation, the global business aviation services company, is pleased to announce the extension of its US coast-to-coast line maintenance network and the addition of further base & heavy maintenance locations.

Additional line maintenance stations increase proximity to a growing client base.
Chicago (KMDW) and Miami Opa Locka (KOPF) have been added to an already comprehensive pan-US line station capability. In addition, further mobile units have come on stream at St Augustine (KSGJ) and St Petersburg (KPIE), Florida managed from Gama Aviation’s Palm Beach International base (KPBI).

The company’s comprehensive line maintenance network has attracted a strong client base over the last four years. With existing client demand for additional services increasing, the company will be providing:

Additional base maintenance capability positioned for quick maintenance turnarounds
The capabilities at the current line maintenance stations at Teterboro, White Plains, Palm Beach International, Dallas Love Field and Van Nuys, will be enhanced to perform limited phase checks, providing operators quick turnaround times from high volume locations.

A new East & West coast heavy maintenance offer With client and market demand driving the need for additional capability, Gama Aviation’s existing facility at Las Vegas will be enhanced to provide full heavy maintenance to serve the West coast market. A similar capability will be opened in South Florida to serve the East coast.

Dennis Richey, President, US Ground commented: “These additions, part of a $10 million package of investment secured in Q1 this year, are adding further capability into our fast-growing maintenance business. This growth offers our clients the scale, breadth and depth they need to efficiently & effectively enhance aircraft availability. Our focus on this crucial part of our clients’ mission, translates directly into improved aircraft performance, operational dollar savings and an enhanced passenger experience.”

[rivaldo] 09/8/2018 09:51

"Gama Aviation Preps UK Mx Facility, Hits U.S. Milestone
by Curt Epstein
August 7, 2018, 4:47 PM

Gama Aviation has received EASA maintenance approval for its new Bournemouth, UK facility, as it consolidates from its existing Farnborough and Oxford locations. The facility is now approved for work on Beechcraft King Airs and Premiers; Bombardier Challenger 600 family, Challenger 850s, and Globals; Hawkers; Cessna Citation 560/Excel/XL/XLSs; and Embraer Legacy 600/650s.

“With the EASA approval now in place, we shall seek to add FAA, Cayman, Bermudan, Guernsey, and the Isle of Man to the site’s approval list,” said Scott McVicar, Gama’s managing director for Europe ground services. “With the transition approval coming slightly earlier than expected, the good retention of our current team, and significant interest from local engineers and support staff, I believe we are ahead of plan and can now start to book business into our new home.”

The UK-based company also noted that its U.S. maintenance business has completed its 50,000th work order last week, a minor line maintenance item on a Challenger 350, performed at its West Palm Beach, Florida service facility. The aircraft was released back into service on schedule.

“I am delighted that we have reached this milestone,” said Dennis Richey, president of Gama’s U.S. ground business. “Our ability to provide a local touch at key destinations across the U.S., combined with the passion displayed by my team to support our clients' missions, translates directly to the financial performance of the operator through a decrease in aircraft downtime.”

The announcement comes as Gama has committed to a further $10 million investment into its coast-to-coast service U.S. network, which will add more line, base, and heavy maintenance capabilities during the second half of the year."

[rivaldo] 06/8/2018 07:31

Downing Strategic Micro-Cap Investment Trust have issued their investor newsletter covering July, and there's this on GMAA for the record:



"Gama Aviation

Numerous pieces of newsflow in the period included the hiring of a new CFO who will start in September; moving maintenance operations to Bournemouth which will double engineering capacity and pay for itself through capital contributions and a rent-free period; extension of the Scottish Air Ambulance (SAS) contract; and AGM statement; and, post period end, a trading statement in July.

The SAS contract extension provides further visibility on future earnings. The contract is expected to be worth £50 million from June 2020 through to June 2023. The margins on these special missions’ contracts are lucrative, reflecting Gama’s lifetime investment in the relationship.

In June, we visited the formal opening of Gama’s new Aberdeen SAS facility which cornerstones Gama’s commitment to service this contract for years to come (they have successfully retendered this contract since 1991). It was great to meet the head of NHS Grampian and the head of the SAS and understand more about the strength of Gama’s service. Significantly, we believe that there are other international opportunities to be won in special missions with the Middle East being a key region and the Sharjah investment providing the backbone for this opportunity.

The AGM update received a mixed response from the market. We think that the statement was cautious in tone, reflecting the first four months’ trading on a business which is typically 40/ 60 1h/ 2h weighted. It referenced “high quality contract wins for base maintenance and design” now coming through in the second half rather than the first. Subsequently, the July trading update confirmed that expectations were in line for the full year."

[rivaldo] 01/8/2018 15:21

Nice to see you here sharesinvestor. I see that was your one and only post ever on ADVFN. Hopefully we'll see more contributions from you.

[rivaldo] 01/8/2018 13:32

Here's a reminder of what GMAA said less than 2 weeks ago:

"Trading Outlook

With strong growth in the US, steady and encouraging progress in scaling up our Middle East and Asia operations and stable trading in the EU market, supplemented by new business wins in the EU Ground division, the Group's expectations for the full year remain unchanged."

Perhaps corrientes is referring to BBA, who are actually a partner of GMAA rather than a competitor....

Incidentally, BBA's share price is down today due to their exceptionals, plus a note on the USA showing slightly softer growth than expected, though still growing.

However, their Signature division - which is partnered with GMAA - is outperforming the market.

They conclude regarding Signature:

"We continue to invest in our Signature network, including recent investments in new technology to enhance our fuel and non-fuel revenue management capabilities. As previously noted, we have been investing in enhanced EPoS and revenue management tools. The Group is confident that the outperformance of the Signature network against the US B&GA market demonstrates the ability of our unrivalled network to deliver value.

Signature has recently secured a significant lease term extension with a new 20-year lease (with a possible further five-year extension) at its sole source FBO at Hartsfield Jackson Atlanta International Airport. Here, at what is the world's busiest hub airport, we will invest in a new FBO facility and will launch our Signature Elite™ service (private transfers to/from commercial flights via Signature's FBO facilities)."

I note GMAA's price has been marked down today on a mere 7k shares traded!

[corrientes] 01/8/2018 12:41

No comment Rivaldo ? Just shooting the breeze, while competitor companies saying like it is.

[3500sr] 26/7/2018 14:45

I add my thanks for your updates, Rivaldo, which allow the rest of us to make better informed judgements on the company's progress

[glasshalfull] 26/7/2018 14:42

rivaldo - Must be the season when posters wish to pick a quarrel...as I’m sure you noticed yesterday on the normally quiet backwater that is the APC thread.

Anyway...I would just like to add my appreciation on you posting the info on contract wins. Yep, no financials mentioned but such news can be a good bell-weather with respect to momentum or growth in a particular area/sector/region. Lots of moving parts with GMAA.

Many thanks.

Kind regards
GHF

[rivaldo] 26/7/2018 14:11

All the info posted is relevant as it relates to GMAA. As I say, you can draw your own conclusions.

Until then, please stop wasting everyone's time - just let the thread tread water. If you have nothing interesting to say, then bear in mind the words of David Byrne:

"Say something once, why say it again?"

[corrientes] 26/7/2018 12:48

Your 'relevant' is irrelevant until proven otherwise ; this has been going on forever, jam tomorrow.

[rivaldo] 26/7/2018 12:23

The trading statement was only a week ago, and concluded:

"With strong growth in the US, steady and encouraging progress in scaling up our Middle East and Asia operations and stable trading in the EU market, supplemented by new business wins in the EU Ground division, the Group's expectations for the full year remain unchanged."

News such as these and other contract wins in the last few months tend to support the improved outlook above.

Better to make occasional informative posts about the company enabling readers to draw their own conclusions, than perpetual moans which just waste everyone's time, including the poster's. I will continue to post any such relevant info which I'm alerted to.

[corrientes] 26/7/2018 09:35

Looks like good news = falling share price.

These individual bits of good news is just PR ie meaningless without financial elaboration.

We haven't a clue whether its significant in terms of profitability, and of course we never hear of any contract losses.