Gama Aviation has conditionally acquired Aviation Beauport to 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 Island’s Competition and Regulatory Authorities (CICRA) will expand Gama’s managed fleet by four aircraft, bring light jets into its charter fleet and increase the company’s property portfolio with the Channel Island’s only FBO facility.
Marwan Khalek, CEO of Gama Aviation, 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 centers and entirely complement our existing facilities in Hong Kong (China), Sharjah (UAE), and Geneva (Switzerland), as well as US facilities at Teterboro (New Jersey), Chicago (Illinois), West Palm Beach (Florida), Dallas (Texas) and Las Vegas (Nevada), as well as those around the London area [in the UK].”
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 is at the forefront of that expansion, and it seemed logical to work with one of the most respected and progressive players in the industry.”