U.S. Market Boost Leads to Mixed Results at Gama Aviation | Aviation International News

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U.S. Market Boost Leads to Mixed Results at Gama Aviation

Strong growth in the U.S. market compensated for a dip in revenues in Europe, the Middle East and Africa for bizav services group Gama Aviation.

Gama Aviation provides maintenance and modifications services, as well as aircraft management and charter. [Photo: Gama Aviation]

By Charles Alcock • Managing Editor

September 19, 2016

Strong performance in the U.S. market offset declining demand in Europe, the Middle East and Africa, as business aviation services group Gama Aviation reported interim results today for the first half of 2016. Gama also pledged to double the size of its operations over the next two years. For the period through June 30, group profits fell by 7.9 percent, from $30.3 million to $27.9 million on revenues that increased by 13.2 percent from $185.3 million to $209.8 million.

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