Gama Hutchison signs management contract for Global business jet
Gama Hutchison has signed a management contract for a Bombardier Global business jet in Hong Kong.
The joint venture between Gama Aviation Plc and Hutchison Whampoa now manages three aircraft in Hong Kong.
“Since launching our joint venture with Hutchison Whampoa in January of this year we have received unprecedented demand for our services in Asia Pacific.”
Marwan Khalek, CEO of Gama Aviation said: “Since launching our joint venture with Hutchison Whampoa in January of this year we have received unprecedented demand for our services in Asia Pacific. One of the reasons we offer such an attractive proposition to our clients in the region is the size, breadth and depth of our service, which means we are able to offer considerable savings to our customers through economies of scale. The signing of the management contract for this aircraft is in line with our planned operations and will only bring costs down further as we look forward to growing our footprint in what we view as a key growth market for the business.”
According to recent analysis, 69% of business aircraft delivered to China between 2010 and 2014 were large cabin jets. This compares to 47% for the whole of Asia Pacific and 33% globally.
Gama Aviation now holds management contracts on over 140 business aircraft globally, making it one of the world’s leading aviation services companies, with operations in 45 different locations in 17 countries across five continents.