With latest acquisition, Gama spreads its wings | Aviation International News

Charter & Fractional

With latest acquisition, Gama spreads its wings

The charter industry has seen a flurry of acquisitions and mergers in the past year, and by all accounts the activity will continue.

By Jennifer Harrington

September 5, 2008

The charter industry has seen a flurry of acquisitions and mergers in the past year, and by all accounts the activity will continue. One of the most surprising, perhaps, was the acquisition of PrivatAir by UK-based Gama Holdings, a company relatively unknown in the U.S. The new business was named Gama Aviation and is based in Stratford, Conn., with additional locations in West Palm Beach, Fla., and Norwich, N.Y.

Although Gama Holdings is focused on expanding its global presence, the company had a relatively humble beginning as a one-airplane air-taxi service, based at Fairoaks Airfield, a few miles from Farnborough Airport. The company opened in 1983 with one Beech Baron and didn’t add a second aircraft–a King Air–until a year later.

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