Gama Aviation buys Aviation Beauport
Gama Aviation has been granted approval to buy Aviation Beauport by the Jersey Competition Authority.
The deal, which was conditionally announced on January 8, adds four light jets to Gama’s fleet. It also adds the island’s only FBO facility.
Marwan Khalek, CEO of Gama Aviation said: “We are very happy to have finalised the acquisition. We would like to thank the Jersey Competition Authority and the Channel Islands Competition and Regulatory Authorities for their oversight and approval of this deal. We are looking to grow the business and our presence in Jersey. It is an excellent strategic fit for the Group as the Channel Islands are an important economic centre matched by our operations in Hong Kong, Sharjah, Geneva, Teterboro, Chicago, West Palm Beach, Dallas, Las Vegas and those around the London area.”
Duncan Daines, group chief marketing officer at Gama Aviation added: “We’re delighted to be joining Jersey’s thriving business community and look forward to fully introducing ourselves to the business aviation community across the island in the coming weeks and months.”
Gama Aviation has also announced that it has been given formal approval to expand its operations in the Middle East with the building of a new business aviation facility at Sharjah International Airport.