Almost 12 months on from its delisting from the London Stock Exchange, Gama Aviation seems to be relishing its newfound independence with a wave of investments across its business aviation services portfolio. The UK-based group’s chief executive, Marwan Khalek, told reporters during a pre-EBACE briefing that more than $200 million is already committed for projects that include its new FBO complex at Sharjah International Airport (OMSJ) in the UAE and an expansion and modernization of its facility at Jersey Airport (EGJJ) in the Channel Islands.
Much of the capital momentum for the recalibration of Gama Aviation’s business model came from the November 2023 sale of its U.S. maintenance, repair, and overhaul (MRO) subsidiary, Jet East, to West Star Aviation. Now the company is striving to expand its revenues from MRO work conducted for other aircraft operators through the 21 type approvals it holds at its main engineering base in Bournemouth, UK, and at several other facilities.
In this article
More In FBOs
