All posts tagged: Gama

Hampshire’s Gama Aviation acquires air ambulance operator Specialist Aviation Services

Hampshire’s Gama Aviation acquires air ambulance operator Specialist Aviation Services

Gama Aviation, based at Farnborough airport, reported it had acquired air ambulance operator Specialist Aviation Services (SAS) for £280,000 as part of a pre-pack acquisition from the latter’s appointed administrators FRP. In December last year, it was determined that SAS, which is based at Gloucestershire Airport and has been through operational and financial restructuring exercises since 2021, would to seek an accelerated acquisition process via pre-pack administration. READ MORE: ‘Landmark year’ sees Bristol-based Airbus deliver 735 commercial aircraft Gama Aviation said the purchase added further “scale and strength” to Gama’s Special Mission strategic business unit (SBU) with around £27 million of annual revenue, three significant UK air ambulance charity contracts, six managed Leonardo AW169 aircraft and two further national security contracts in the Middle East. “This acquisition accelerates our growth in our Special Mission SBU, adding scale in the UK, building on our recent contract wins with amongst other the Welsh Air Ambulance and opening new international operations in the Middle East to complement our established fixed wing aircraft management and MRO capability in the …