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.
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.
Executive charter group Air Partner has received approval to build a 175,000-sq-ft business aviation enclave at London Biggin Hill Airport. The $14 million development will house its own charter fleet and accommodate aircraft, crew and passengers of other operators. The construction work will be complete by the end of next year, but the company will start marketing the space next month.
Farnborough, UK-based business aircraft operations company Gama Holdings purchased PrivatAir Inc., the U.S. division of PrivatAir Group, on Friday 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. Gama Holdings has renamed the U.S. company Gama Aviation and said its headquarters will remain in Stratford, Conn.
Everybody knows that China is a fast-growing economy of staggering size. However, business aviation in that part of the world has remained relatively inconspicuous–until now.
On May 20, Peter Edwards, formerly president of Bombardier’s Business Aircraft Division, took over as group CEO at Jet Aviation, succeeding interim CEO Carl Hirschmann. Edwards is now responsible for all of Jet Aviation’s global activities. His aviation experience spans 28 years and also includes senior positions at AiResearch and Gulfstream. Edwards has served on the boards of both GAMA and NBAA.
Plenty of major players have voiced high expectations for the eventual flowering of business aviation in the Asia/Pacific region, but Jet Aviation is one of just a few that has put its money where its mouth is. The Swiss-based group established a bridgehead facility here in Singapore a decade ago, and has stayed the course despite receiving little encouragement from the marketplace–until recently.
Jet Personales (Booth No. 957) is a newcomer to Spain’s growing business aviation industry and it claims to be the country’s first executive charter firm that owns all the aircraft it operates. Launched in December 2004, the operator, which is the exclusive sales representative of Bombardier Business Aircraft in Spain, is based at Madrid’s Torrejon Airport where it has an FBO and a fleet of five aircraft.
The UK’s Gama Aviation has established a new maintenance operation at its Farnborough Airport headquarters to comply with pending European JAR Subpart M requirements for supporting its charter/management fleet. It can also now offer line support to other operators at the London-area airport.
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