REG - Gama Aviation PLC - Wales Air Ambulance Charity contract

Gama AviationAnnouncement

02/11/2022 07:00

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RNS Number : 9757E  Gama Aviation PLC  02 November 2022

2nd November 2022

The information contained within this announcement is deemed to constitute
inside information as stipulated under Article 7 of the Market Abuse
Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of
the European Union (Withdrawal) Act 2018.

Gama Aviation Plc (AIM: GMAA)

("Gama Aviation" or the "Company" or "Group")

Gama Aviation is selected as preferred bidder for Wales Air Ambulance Charity
contract

 

 

Gama Aviation Plc, the global aviation services provider, is pleased to
announce it has been selected as the preferred bidder for the Wales Air
Ambulance Charity contract ("Charity") for the operation and maintenance of
four Medium Size Helicopters. The selection was made by the Charity's Trustees
after an extensive 16-month procurement process.

 

The Group is now working diligently to agree the final details of the contract
with the Charity over the next two months. Operated by the Group's Special
Mission Strategic Business Unit ("SBU") the 7-year agreement is expected to
commence on 1(st) January 2024. Whilst there can be no guarantee that the
contract will be concluded, any award would see the air ambulance rotary
aircraft fleet more than double in size, underlining the significance of this
multi aircraft, long term contract, to the Group.

 

Mark Smith, Managing Director, Special Mission, commented:

 

"We are both proud and honoured to have been selected as the preferred bidder
for this strategically significant contract after a hard-fought competition
for a nationally important air ambulance contract.  The Special Mission SBU
will be working closely with the Charity over the coming weeks and months to
agree final terms and I look forward to the opportunity of working with Wales
Air Ambulance Charity over the coming years."

 

END

 

Gama Aviation
Plc                                                                +44
(0) 1252 553 029

Marwan Khalek, Chief Executive

 

Camarco                                                                                +44
(0) 20 3757 4992

Ginny Pulbrook

Geoffrey Pelham-Lane

 

WH
Ireland
+44 (0) 207 220 1666

James Joyce

Ben Good

 

Gama Aviation - Notes to Editors

Founded in 1983 with the simple purpose of providing aviation services that
equip its customers with decisive advantage, Gama Aviation Plc (LSE AIM: GMAA)
is a highly valued global partner to blue chip corporations, government
agencies, healthcare trusts and private individuals.

 

The Group has three global divisions: Business Aviation (Aircraft Management,
Charter, FBO & Maintenance), Special Mission (Air Ambulance & Rescue,
National Security & Policing, Infrastructure & Survey, Energy &
Offshore); and Technology & Outsourcing (Flight Operations, FBO, CAM
software, Flight Planning, CAM & ARC services)

 

More details can be found at: http://www.gamaaviation.com/
(http://www.gamaaviation.com/)

 

 

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