Gama Aviation PLC £50 Million Air Ambulance Contract Extension (7523P)
May 31 2018 - 2:00AM
UK Regulatory
TIDMGMAA
RNS Number : 7523P
Gama Aviation PLC
31 May 2018
Thursday 31(st) May 2018
Gama Aviation Plc (AIM: GMAA)
("Gama Aviation", "the Company" or "the Group")
GBP50 Million Air Ambulance Contract Extension
Gama Aviation Plc, one of the world's largest business aviation
services providers is pleased to announce the extension of its
seven-year Scottish Ambulance Service contract. The contract
extension commences in June 2020 for a further period of three
years and is expected to be worth in the region of GBP50 million
over that period.
Marwan Khalek, Group Chief Executive said:
"I am delighted that we have been awarded this contract
extension. Our work with the Scottish Ambulance Service over nearly
three decades demonstrates the effectiveness of our business model,
supplying both Air and Ground support to deliver mission-critical
services where high availability and rapid response times are
vital.
This is testament to the dedication and expertise of our people,
resulting in an excellent track record for delivery that has
created an enduring relationship with accompanying contracted
revenue streams. The forward visibility these contracts afford
allows us to further enhance our support to the Service through the
provision of state-of-the-art facilities in Glasgow and
Aberdeen."
Pauline Howie, CEO, Scottish Ambulance Service said:
"Gama Aviation have consistently delivered a high-quality
service over a near 30-year period and we are pleased to have
negotiated an extension to this contract that delivers even greater
efficiencies and value for money for the people of Scotland. Gama
Aviation's expertise has been central to delivering our mission in
a challenging operational environment and we look forward to
continuing our strong relationship with the company into the next
decade."
ENDS
For further information please visit www.gamaaviation.com or
contact:
Gama Aviation Plc +44 (0) 1252 553029
Marwan Khalek, Chief Executive Officer
Camarco +44 (0) 20 3757 4992
Ginny Pulbrook
Geoffrey Pelham-Lane
Tom Huddart
Jefferies International +44 (0) 207 029 8000
Simon Hardy
Will Soutar
Gama Aviation - Notes to Editors
Gama Aviation Plc (AIM:GMAA) is a global business aviation
services group that specialises in providing support for
individuals, corporations and government agencies; allowing them to
deliver on the promises they make.
The Group's services are split into two divisions: Air and
Ground. Air services include aircraft management, special mission
support and charter. Ground services cover aircraft maintenance
services, aircraft modification design and installation, and Fixed
Base Operations (FBO).
More details can be found at: http://www.gamaaviation.com/
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END
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