Gama Aviation PLC - Farnborough, England-based aviation services company - Shares are to be cancelled from AIM on Friday, after shareholders backed its delisting in a general meeting earlier in May. It proposed the delisting in April, noting the "permanent cost savings" this would bring and "highly illiquid" trading of shares. Shareholders had also approved a return of GBP32.6 million at that meeting. Read More
Gama Aviation PLC - Farnborough, England-based aviation services company - Confirms that it is in discussions to acquire Tyrolean Jet Services, an Austrian provider of aircraft management and charter services. Gama was responding to industry market speculation. Explains the interest in TJS is consistent with the group's strategy to grow its Aircraft Management & Charter business. Says talks are ongoing, and they remain subject to further negotiations, diligence, and Board approval. As such, they are not expected to be concluded until after the company's delisting from AIM. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
Gama Aviation PLC - Farnborough, England-based aviation services company - Confirms talks to buy business of Specialist Aviation Services Ltd, a UK-based provider of helicopter emergency medical services and aircraft repairs and maintenance services. Discussions are "well advanced" and expected to conclude "within the next few weeks," but Gama Aviation notes that the transaction remains subject to regulatory approvals. Says Specialist Aviation generated GBP24 million in revenue in 2022. Read More
(Alliance News) - Gama Aviation PLC on Friday confirmed the sale of its US maintenance, repair and operations business Jet East for USD131 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday, Thursday and Friday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Gama Aviation PLC shares surged on Wednesday, after it said it agreed to sell its US maintenence, repair and operations business Jet East to West Star Aviation Enterprises LLC. Read More
(Alliance News) - Gama Aviation PLC on Friday said it was able to increase revenue in its first half despite a challenging economic climate, but "remains understandably cautious" in its outlook for the rest of this year. Read More
(Alliance News) - Gama Aviation PLC on Thursday said its annual results showed "significant progress" with a narrowed loss, increased revenue and confidence for the current year, but said it remains "circumspect" given the difficult economic backdrop. Read More
Gama Aviation PLC - Farnborough, England-based aviation services company - Wins seven-year contract for the provision of helicopter medical emergency services from Wales Air Ambulance Charity. Says the new contract, which will begin in January 2024, is for the operation and maintenance of five Airbus H145 emergency medical service helicopters, two of which will be supplied by the company. A primary fleet of four helicopters will operate from the WAAC's current bases in Cardiff, Caernarfon, Welshpool and Dafen providing comprehensive nationwide HEMS coverage across Wales. The fifth helicopter will provide back-up for the maintenance downtime of the primary fleet to ensure service continuity. Expects the contract to deliver revenue of around GBP65 million over the seven year period. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Gama Aviation PLC on Friday said it has secured a new GBP25 million credit facility through its wholly-owned subsidiary, Gama Aviation Inc. Read More
(Alliance News) - Gama Aviation PLC on Wednesday said it is recording a solid trading performance in the second half of 2022, following revenue growth in the first six months of the year. Read More
Gama Aviation PLC - Farnborough, England-based aviation services company - Become the preferred bidder for the Wales Air Ambulance Charity contract for the operation and maintenance of four medium-size helicopters. Firm now working to agree final details of the contract with the charity over the next two months. Seven-year agreement expected to start on January 1, 2024. Notes there is no guarantee the contract will be concluded. Read More