Tough trading conditions aren’t discouraging business aviation services group Gama (Stand 955) from its goal of growing a global network. The latest evidence of this is that Gama’s Asian clients are now benefiting from the UK-based business aviation, charter, management and maintenance company’s recently opened Hong Kong FAA Part 135 operating base.
To the General Aviation Manufacturers Association (GAMA), 2010 is proving to be a little worse than last year as far as shipments of aircraft are concerned, even as billings are up slightly. And many people are asking questions about that, said GAMA president and CEO Pete Bunce, and it is fairly easy to explain. “Most of the robustness is at the upper end of the spectrum of products that we have where profit margins are larger,” he said.
The General Aviation Manufacturers Association (GAMA) last month established an environment committee “to represent the general aviation manufacturing industry’s environmental policy and coordinate with other aerospace industry stakeholders and government entities.” According to GAMA, the committee will ensure that the association’s members are active participants in the discussions and policy decisions about GA’s environmental impact and init
Farnborough, UK-based business aircraft operations company Gama Holdings purchased PrivatAir Inc., the U.S. division of PrivatAir Group, on February 29 for
an undisclosed sum. Gama also bought 25 percent of charter operator Flight Services Group (FSG), which provides charter services to the former U.S. PrivatAir management clients.