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GMAA Gama Aviation Plc

93.50
0.00 (0.00%)
28 Mar 2024 - Closed
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
  0.00 0.00% 93.50 92.00 95.00 93.50 93.50 93.50 530 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled 285.64M -8.86M -0.1385 -6.75 59.8M

Gama Aviation PLC Military Aviation Review contracts

26/05/2020 7:01am

RNS Non-Regulatory


TIDMGMAA

Gama Aviation PLC

26 May 2020

Date: 26(th) May 2020

Press release

Gama Aviation Plc (AIM:GMAA) ("Gama Aviation", the "Group")

Gama Aviation and Atkins awarded Military Aviation Review contracts

Gama Aviation, the global business aviation service provider, together with Atkins, has been reappointed to continue delivering Military Airworthiness Reviews (MARs) to the Royal Air Force's HQ Air Command (HQ Air) and The British Army's Joint Helicopter Command (JHC).

Airworthiness regulations were issued by The Military Aviation Authority in 2013, requiring all aircraft on the UK Military Aircraft Register to be assessed by an independent organisation to ensure they are safe, airworthy and fit for development whenever they are most needed.

The reappointment means Gama Aviation and Atkins will continue the work they have been undertaking for the Ministry of Defence (MOD) since 2014, during which time more than 2,500 MARs have been completed across a wide range of battlefield helicopters, combat jets, large transport and intelligence-gathering aircraft, as well as training and vintage aircraft.

The contract will see the team deliver airworthiness reviews for the next three years for HQ Air, and five years for JHC.

Led by Atkins, these comprehensive reviews will provide assurance to the MOD that their aircraft are fit for deployment for the next 12 months. This will include verifying that all maintenance activity has been successfully carried out and correctly recorded.

Scott McVicar, Managing Director for Europe Ground at Gama Aviation, said: "Our relationship with Atkins and Headquarters Air Command has grown over the last six years to the extent where we have an intimate understanding of the task and the operational requirements of our client. Simplifying complex tasks, delivering diligently and creating strong platforms that perform are core to our business. I believe that this re-award, in the face of strong competition, is testament to the value that Gama Aviation and Atkins are delivering to our client."

David Clark, Aerospace and Defence Market Director at Atkins, said: "Safety is at the heart of everything we do at Atkins, so it's doubly rewarding to be supporting HQ Air and JHC to keep their aircraft and personnel safe. Our reappointment speaks to the expertise we have demonstrated over the past six years, and we look forward to working closely with Gama Aviation and the MOD to ensure aircraft safety continues to be given the due diligence it deserves."

Gama Aviation provides mission critical aviation and support services globally in the business aviation, air ambulance, law enforcement, infrastructure monitoring and defence sectors.

ENDS

For further information please visit www.gamaaviation.com or contact:

Duncan Daines

Chief Marketing Officer, Gama Aviation Plc

duncan.daines@gamaaviation.com

Gama Aviation - Notes to Editors

Founded in 1983 on the simple principle of delivering its clients' missions with passion & dedication, Gama Aviation Plc (LSE AIM: GMAA) is a highly valued global partner to those who use aviation as a platform to perform.

The Group has three divisions: Air, Ground & Global Services. Air services include: aircraft management, special mission support and charter; with Ground services covering: base & line aircraft maintenance services, aircraft modification design and installation and Fixed Base Operations (FBO). Global Services provides CAM, change management consultancy and industry leading software.

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRAUVRORRSUVUUR

(END) Dow Jones Newswires

May 26, 2020 02:01 ET (06:01 GMT)

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