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Gama Aviation PLC Ord 1P (GMAA)

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30-Sep-2020 08:54 AM

Gama Aviation swings to loss in H1, expects H2 performance to be 'broadly similar'

Aviation services company Gama Aviation swung to a loss in first half of the year and said it expected underlying performance in the second half to be 'broadly similar' to the first half, citing Covid-19 uncertainty and the impact of reduced gov
08-Sep-2020 01:40 PM

Gama Aviation wins contract to support Royal Air Force training gliders

Aviation services group Gama Aviation said it and SNC-Lavalin company Atkins had won a contract to support the the airworthiness of aircraft used by Royal Air Force cadets for basic glider training. The contract was awarded by the Ministry of Defence for
31-Jul-2020 02:34 PM

Gama Aviation posts loss; scraps dividend as Covid-19 clouds outlook

Business aviation group Gama Aviation posted a full-year loss for calendar 2019 and scrapped its final dividend, citing uncertainty caused by the Covid-19 crisis. Pre-tax losses for the year through December 2019 amounted to $11.0m, compared to losses of
20-Sep-2019 07:50 AM

Gama Aviation announces Chief Financial Officer appointment

Gama Aviation Plc announced Daniel Ruback's appointment to the post of Chief Financial Officer. Daniel's appointment will be effective from 16th December 2019 when he will also join the Company's Board. Daniel is Finance Director, Signatur
24-Apr-2019 09:59 AM

Gamma Aviation adopts cautious outlook on growth as results fall short of expectations

Gamma Aviation's annual results fell short of its expectations and the company adopted a more cautious full-year outlook, citing more 'challenging' market conditions in Europe. 'Given the mixed market conditions, the Board is taking
24-Dec-2018 07:28 AM

Gama Aviation wins several new contracts

Business aviation service provider Gama Aviation announced special mission contract awards within its European Air & Ground divisions. The first, an 11-year contract commencing 1 April 2019, is for the provision of maintenance and spare parts logistical
19-Jul-2018 09:45 AM

Gama Aviation reports flat H1 performance but leaves full year outlook unchanged

Aviation services provider Gama Aviation Thursday left its full-year expectations intact after reporting flat performance during the first-half of the year. The group blamed flat performance on 'challenging' trading conditions in Europe but th
30-May-2018 10:20 AM

Gama Aviation appoints David Stickland as Chief Financial Officer

Global business aviation services company Gama Aviation said Wednesday it had appointed David Stickland as Chief Financial Officer. Stickland is expected to take up the role from 1 September 2018. Stickland, CFO at services company Addison Lee Group duri
19-Mar-2018 10:08 AM

Gama Aviation revenues, profit up supported by growth in air, group divisions

Gama Aviation said reported revenues rose 5.8% to $20.4m in the year to the end of December amid growth in air and group divisions. US Ground revenue rose 27.5% to $30.8m which help offset a fall in revenue in the Europe air division to $91.8m from $112
19-Jan-2018 07:51 AM

Gama Aviation in line with forecasts

Gama Aviation said underlying earnings for the year ended 31 Dec were in line with the company's expectations and consistent with the trading outlook provided at the time of the interim results in September. The company said it had continued the sol
05-Jan-2018 09:12 AM

Gama strengthens its leadership team

Gama Aviation has appointed Dr Richard Steeves and Neil Medley to the board to strengthen its leadership team and position the company for its next stage of growth. Steeves, who joins the Gama board as an independent non-executive director, founded and b
03-Nov-2017 08:11 AM

Gama Aviation CFO steps down

Gama Aviation group chief financial officer Kevin Godley has tendered his resignation as a director of the company but will remain with the business until the end of January to ensure an orderly handover. The group said that an interim CFO would be recr
18-Sep-2017 09:04 AM

Gama Aviation responds to article on Dryden legal action

Gama Aviation has noted an article that appeared in The Sunday Times regarding legal action between the company and Dustin Dryden, a former director, and/or entities associated with him (the Dryden Entities). Gama Aviation said that as this legal action
06-Sep-2017 07:30 AM

Gama Aviation revenues up 45%

First half revenues at aviation service provider Gama Aviation rose by 45% to $291m in the six months to the end of June. Underlying total operating profit increased by 31% to $7.7m and underlying profit before tax of $7.0m was up 40%. Underlying EPS r
15-Aug-2017 09:31 AM

Gama Aviation changes date for interims

Gama Aviation will release its results for the six months ended 30 June on 6 September, rather than on the 7th as previously announced. At 9:31am: (LON:GMAA) Gama Aviation Plc share price was 0p at 239.5p Story provided by StockMarketWire.com...
24-Jul-2017 07:44 AM

Gama Aviation extends Wijet maintenance support

Gama Aviation has announced the indefinite extension of its current maintenance support agreement with Wijet. The deal covers base, line and AOG maintenance support for Wijet/Blink's 15 aircraft fleet across Europe. Story provided by StockMarke
21-Jul-2017 07:23 AM

Gama Aviation inks two fleet maintenance support deals

Gama Aviation has signed two new maintenance support agreements with European fleet operators. The deals cover ten aircraft in total, covering a range of services from inspections to AOG support for the two highly utilised fleets that include five Bombar
17-Jul-2017 09:13 AM

Gama Aviation achieves Wheels Up milestones

Gama Aviation, the exclusive operator of the Wheels Up King Air 350i and Citation Excel/XLS programme, has announced major milestones for its Wheels Up flight operations. It said that on 5 July, the 100,000th flight segment in the Wheels Up programme wa
25-May-2017 09:43 AM

Gama Aviation in line with expectations

Gama Aviation said trading remained in line with the group's full year expectations, reflecting both the contribution from acquisitions and organic growth. Chief executive Marwan Khalek said: "We continue to build on the significant progress m
11-Apr-2017 08:40 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Gama Aviation Plc

Cantor Fitzgerald today reaffirms its buy investment rating on Gama Aviation Plc (LON:GMAA) and raised its price target to 270p (from 230p). Story provided by StockMarketWire.com...
27-Mar-2017 07:45 AM

Gama Aviation record revenues

Gama Aviation's revenues rose 12.6% to a record $432.4m in the year to the end of December. Underlying profit before tax was up 3.8% at $13.7m and the group said 2017 had started well and its expectations for the year remain unchanged. Other high
06-Feb-2017 12:00 PM

Broker Forecast - Jefferies International issues a broker note on Gama Aviation Plc

Jefferies International today initiates coverage of Gama Aviation Plc (LON:GMAA) with a buy investment rating and price target of 330p. Story provided by StockMarketWire.com...
03-Jan-2017 07:16 AM

Gama-BBA tie-up

BBA Aviation, a market-leading provider of global aviation support and aftermarket services, is merging its aircraft management and charter business with Gama Aviation's US aircraft management business. With around 200 airplanes under management, th
19-Sep-2016 09:08 AM

Gama Aviation adjusted pre-tax profits up

Gama Aviation posts adjusted pre-tax profits rose by 62.7% to $9.6m in the six months to the end of June. Total group revenues increased by 13.2% to $209.8m but adjusted earnings before interest, tax, depreciation and amortisation fell 8.5% to $7.5m and
19-Jul-2016 10:50 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Gama Aviation Plc

Cantor Fitzgerald today downgrades its investment rating on Gama Aviation Plc (LON:GMAA) to hold (from buy) and cut its price target to 200p (from 400p). Story provided by StockMarketWire.com...
 
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