Gama Aviation

Since 1983, the company's managed fleet has increased through organic growth and mergers and acquisitions, including the reverse takeover of Hangar 8,{{Cite web|url=http://www.lse.co.uk/AllNews.asp?code=h10unr8c|title=Hangar 8 to buy Gama Aviation in reverse takeover}} the acquisition of Aviation Beauport,{{Cite web |title=Gama Aviation buys Aviation Beauport |url=https://www.corporatejetinvestor.com/news/gama-aviation-completes-acquisition-of-aviation-beauport-202/ |access-date=2024-05-20 |website=Corporate Jet Investor |language=en-US}} and most recently the merger of its US Air division with that of BBA Aviation.{{Cite web|url=http://uk.reuters.com/article/uk-bba-aviation-jointventure-gama-aviati-idUKKBN14N0G1|archive-url=https://web.archive.org/web/20170103134015/http://uk.reuters.com/article/uk-bba-aviation-jointventure-gama-aviati-idUKKBN14N0G1|url-status=dead|archive-date=3 January 2017|title=BBA Aviation to merge aircraft management business with Gama Aviation's US unit|date=29 September 2023 }}

Further specialist services were added with the addition of FlyerTech,{{Cite web|url=http://www.stockmarketwire.com/article/5371264/Gama-acquires-FlyerTech-and-Aerstream.html|title=Gama Aviation acquires FlyerTech and Aerstream}} the organic development of flight training services,{{Cite web |title=Gama, CAE Partner for New EASA Base Training Requirement |url=https://www.ainonline.com/aviation-news/business-aviation/2015-07-21/gama-cae-partner-new-easa-base-training-requirement |access-date=2024-05-20 |website=Aviation International News}} and its own in-house pilot ground school.

The Scottish Air Ambulance Services (SAS) contract involves the provision of fixed-wing aircraft and helicopters in addition to the coordination and operational management of all flights.{{Cite web|url=http://www.gamaaviation.com/gama-aviation-awarded-new-scottish-air-ambualnce-contract/|title=Gama Aviation awarded new Scottish Air Ambulance contract}}

This long-term contract resulted in the company investing in the development of new infrastructure at Glasgow Airport, with the creation of the SCOTSTAR facility.{{Cite web|url=http://www.blueskynews.aero/issue_341/Gama_Aviation_opens_unique_new_base_for_NHS_Scotland.htm|title=Gama Aviation opens unique new base for NHS Scotland}}

In the USA, the company provides similar turnkey support for the private aviation membership club Wheels Up. The business currently provides all operational support, pilots and pilot training for a fleet of King Air 350i and Cessna Citation XLS aircraft.{{Cite web|url=https://wheelsup.com/gama-charters-inc/|title=Wheels Up Gama Aviation}}{{Cite news|url=http://www.ainonline.com/aviation-news/business-aviation/2014-05-20/wheels-gama-democratizing-business-aviation|title=Wheels Up, Gama Aviation 'democratising' business aviation}}

Gama Aviation conducts maintenance support for a variety of business aircraft types across its network of bases.{{Cite web|url=http://www.gamaaviation.com/maintenance-centre/|title=Gama Aviation maintenance}}

The company also provides fleet support. In the US, this extends to the aircraft of Wheels Up utilizing Textron Aviation's Citation XLS+ and the Beech King Air. In January 2017, the company's Europe Ground division announced a 15-aircraft fleet deal with Wijet to provide maintenance support across Europe for AOG, line and base maintenance.{{Cite news|url=http://www.lse.co.uk/AllNews.asp?code=aw27126h|title=Gama Aviation wins Europe wide contract from France's Wijet}}

As with the Air division, the company operates a number of contracts with organisations such as NHS Scotland, the Ministry of Defence,{{Cite web|url=http://www.gamaaviation.com/shadow-r1-team-awarded-a-uk-ministry-of-defence-commendation/|title=Shadow R1 team awarded CDM}} and primary contractors such as Atkins.{{Cite web|url=http://www.atkinsglobal.com/en-gb/media-centre/news-releases/2014/dec/2014-12-04-uk|title=Atkins & Gama Aviation win contract to conduct airworthiness reviews for RAF aircraft}} These contracts have included updates to the Royal Air Force primary trainer fleet and the Army Air Corps Gazelle fleet,{{Cite web|url=http://www.gamaaviation.com/part-21j-gazelle/|title=Gama Aviation's part 21J team wins new defence contract}} amongst others.

Gama Aviation has a network of bases in the US (Bedford HF, Bridgeport, Chicago, Dallas, Las Vegas, Palm Beach, St. Louis, Teterboro, Van Nuys, White Plains) and UK (Farnborough, Aberdeen, Fairoaks, Glasgow, Jersey, Kennington, Doncaster, Waddington, Oxford). There are also additional maintenance facilities in Nice, Sarjah, and most recently, Hong Kong.{{Cite web|url=http://www.gamaaviation.com/hong-kong-maintenance-agreement/|title=Gama Aviation Hutchison commences long-term business aviation maintenance collaboration with China Aircraft Services Limited.|date=25 August 2017 }}

{{As of|2017|7}}, Gama is facing a High Court claim brought against it by Dustin Dryden, CEO of Hangar8, for £6.1{{nbsp}}million.{{cite news|last1=Shah|first1=Oliver|title=Legal dogfight erupts at VIP private jet operator Gama Aviation|url=https://www.thetimes.com/business-money/article/legal-dogfight-erupts-at-vip-private-jet-operator-gama-aviation-7h8rvg9vb|website=The Times|access-date=19 September 2017}} The counterclaim is a reaction to an allegation made against Dryden in November 2016, which alleged that Gama Aviation provided services and spare parts to Dryden, who failed to pay. Dryden claimed in response that the work was not performed properly and some of the spare parts had been pledged to another company.

Dryden claimed that, rather than a dispute over his conduct as director, there had been a "departure agreement" including a promise to sell his 5% stake in Gama and spend the proceeds with the company in order to help it hit second-half financial targets in 2015. Gama also attempted to impound one of Dryden's planes, which they claim Dryden unlawfully seized back. Dryden admitted to taking the jet back, but denied any legal wrongdoing.

Gama Aviation informed investors only after the suit was made public by newspapers, making an announcement to the London stock exchange.{{cite web|title=Gama Aviation responds to article on Dryden legal action|url=http://www.stockmarketwire.com/article/5668322/Gama-Aviation-responds-to-article-on-Dryden-legal-action.html|website=stockmarketwire.com|access-date=19 September 2017}} Its share price fell shortly afterwards. In response to the allegations made by Dryden, Gama Aviation announced that it would not comment while legal action was ongoing, but did release a background statement. Following this, Gama took out an injunction, forbidding newspapers from naming most of its clients.{{cite web|last1=Bourke|first1=Joanna|title=More woes for Gama Aviation as finance boss jets off|url=https://www.standard.co.uk/business/more-woes-for-gama-aviation-as-finance-boss-jets-off-a3675846.html|website=standard.co.uk|date=3 November 2017 |access-date=7 November 2017}} Dryden and Gama had settled the case in June 2018, with Dryden handing over cash and assets. {{Cite web |title=Dustin Dryden pays to settle case against Gama Aviation |url=https://www.corporatejetinvestor.com/news/dustin-dryden-pays-to-settle-case-against-gama-aviation-975/ |access-date=2024-01-24 |website=Corporate Jet Investor |language=en-US}}

A further case was brought against Gama Aviation by Credit Suisse.{{Cite news|url=https://www.pressreader.com/uk/london-evening-standard-west-end-final-a/20180108/282239486019312|title=Gama still likes to fly under the radar|date=8 January 2018|work=London Evening Standard|access-date=15 January 2018}} The bank filed a High Court claim stating that Gama had not turned over a private jet that Credit Suisse was entitled to sell after Challenger-Mondel, who financed the purchase of the aircraft, defaulted on a loan.{{Cite web|url=https://www.law360.com/articles/998330/credit-suisse-sues-aviation-co-for-possession-of-private-jet|title=Credit Suisse Sues Aviation Co. For Possession of Private Jet|last=Crump|first=Richard|date=3 January 2018|website=law360.com|access-date=15 January 2018}} In addition to this, the millionaire Andre Serruys has also taken action, alleging that the company overbilled him and performed sub-standard technical upgrades while under the management and maintenance control of Hangar8.{{cite web|last1=Shah|first1=Oliver|title=Private jet firm Gama set for hard landing|url=https://www.thetimes.com/business-money/article/oliver-shah-private-jet-firm-gama-set-for-hard-landing-5960tg87p|website=The Sunday Times|access-date=1 February 2018|language=en|date=2018}}

{{As of|2018|1}}, Gama is potentially exposed to $15.3{{nbsp}}million in damages from claimants.{{cite web|title=Gama Aviation reports strong year amid ongoing legal battles|url=http://www.hl.co.uk/shares/stock-market-news/aim-and-small-cap-news/aim-bulletin/gama-aviation-reports-strong-year-amid-ongoing-legal-battles|website=Hargreaves Lansdown|access-date=1 February 2018}}

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Category:Airlines of Switzerland

Category:Airlines established in 1983

Category:Swiss companies established in 1983