Gama Aviation conditionally acquires Aviation Beauport
Gama Aviation has announced that it will acquire Aviation Beauport of the Channel Islands.
Once the acquisition is completed Gama Aviation will expand its geographic footprint and capture the growth potential of Jersey and the Channel Islands
The conditional acquisition (subject to the approval of the Channel Islands Competition Authorities [CICRA]) of Aviation Beauport expands Gama Aviation’s managed fleet by four aircraft, brings light jets into its charter fleet and increases its property portfolio with the Island’s only FBO facility.
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Since its inception in 1969, Aviation Beauport has firmly established itself as the only premier aircraft service provider in the Channel Islands.
“We are delighted with this conditional acquisition which we hope to complete on by the end of February 2016.”
Marwan Khalek, CEO of Gama Aviation said: “We are delighted with this conditional acquisition which we hope to complete on by the end of February 2016. It is an excellent strategic fit for the Group as Jersey and the Channel Islands are important economic centres and entirely complement our existing facilities in Hong Kong, Sharjah, Geneva, Teterboro, Chicago, West Palm Beach, Dallas, Las Vegas and those around the London area.”
“I am delighted to have Beauport become part of the Gama Aviation family.”
Mike Bell, owner of Aviation Beauport added: “I am delighted to have Beauport become part of the Gama Aviation family. The industry is becoming dominated by fewer but larger players, and Gama Aviation are at the forefront of that expansion, and it seemed logical to work with one of the most respected and progressive players in the industry.”