UK-based Gama Aviation has been granted approval to acquire Jersey operator Aviation Beauport by the Jersey Competition Regulatory Authority. The deal, which was conditionally announced last month and reported in EBAN, expands Gama's managed fleet by four aircraft, brings light jets into its charter fleet and increases its property portfolio with the island's only FBO facility.
CEO Marwan Khalek comments: “We are very happy to have finalised the acquisition. We would like to thank the Jersey authority and the Channel Islands Competition and Regulatory Authorities for their oversight and approval of this deal.
“We are looking to grow the business and our presence in Jersey is an excellent strategic fit for the group as the Channel Islands are an important economic centre matched by our operations in Hong Kong, Sharjah, Geneva, Teterboro, Chicago, West Palm Beach, Dallas, Las Vegas and those around the London area.”
Chief marketing officer Duncan Daines adds: “We're delighted to join Jersey's thriving business community and look forward to fully introducing ourselves to the business aviation community across the island.”