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Gama Aviation reports sustained growth and investment in 2010 following the award of its UAE AOC

Gama Aviation reports sustained growth and investment in 2010 following the award of its UAE AOC

Gama, the Farnborough Airport headquartered business aircraft management and charter group, reports sustained growth in a difficult market, and is delighted to have recently been awarded its UAE Air Operators Certificate, making it the only business aviation group in the world to simultaneously hold operating licences in Europe, North America, the Middle East and Bermuda. Gama Aviation FZC was awarded its UAE GCAA Air Operators Certificate in February 2010. Based at Sharjah International Airport in the Middle East Gama now has three charter aircraft in the region, a Challenger 604, 605 and 850. The Challenger 850 is due to join the other two aircraft on the charter fleet in May 2010, making it unique as the first of its type onto the UAE register. The company has commenced development of its FBO service and its service and maintenance hangar facility at the airport, which is scheduled to enter operation in 2010. Sharjah offers an excellent alternative for business aviation compared with Dubai, with improved facilities, vehicle ramp access, better access and less delays. In addition, Gama will break ground this month on the building of a new FBO and hangarage facility at Glasgow Airport in the UK. This fully dedicated General Aviation heated hangar facility of 2,000 square metres, with associated office space and passenger handling facilities will be Gama’s first FBO in Europe and is due for completion by May 2011. The global Gama fleet now consists of some 75 business jet aircraft worldwide representing every major aircraft manufacturer, with a diverse range of aircraft from the Beechcraft Super King Air 200 all the way through to the Boeing Business Jet and at every level in between. New aircraft have continued to join the fleet despite the continuation of difficult trading conditions across the globe, these additions have included a Learjet 60 joining the UK charter fleet and new aircraft in both the Middle East and USA. Following on from the group’s announcement at NBAA 2009 of the preferred handling agreement with Signature Flight Support in North America, Gama Aviation has now extended this agreement with Signature Flight Support Europe, for the provision of services worldwide. Marwan Khalek, the group’s CEO, commented: “The past 18 months have been amongst the most challenging ever seen by the business aviation industry, a global recession, combined with the reduced availability of aircraft finance have been quite unlike any of the downturns I have seen since we started the company in 1983. However, we have continued to reshape and refine our business model to put us in the best position for steady growth and investment throughout the current trading conditions on both sides of the Atlantic. There is no easy path, but we have always followed a conservative, steady and sensible approach which has been key to our success over the past 27 years. We see the current climate as the perfect opportunity to focus on where we have needed to invest to secure our future, and have been busy putting these plans into action. Whilst these are challenging times, they remain exciting nonetheless and, as always, we’re looking towards the substantial opportunities the future will bring.”

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