Gama Aviation aims to acquire Aviation Beauport
Above:
The first Jersey registered aircraft Cessna Citation ZJ-THC.
Courtesy Graham Hocquard
Aviation Beauport Limited is a Jersey-based aviation company offering private aircraft charter, aircraft management, hangarage and handling services.
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.
Since its inception in 1969, Aviation Beauport has firmly established itself as the only premier aircraft service provider in the Channel Islands.
With Jersey’s recently established aircraft registry, its high density of high net worth local residents and aircraft owning businesses, the conditional acquisition is both a logical extension of Gama Aviation’s global Air and Ground network and represents excellent growth potential for its services.
Marwan Khalek, CEO of Gama Aviation Plc commented: “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.”
Mike Bell, owner of Aviation Beauport said: “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.”