The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Gama Aviation Wins Europe-Wide Contract From France's Wijet

Tue, 31st Jan 2017 08:40

LONDON (Alliance News) - Gama Aviation PLC on Tuesday said its European Ground division has secured a Europe-wide maintenance agreement with "French air taxi jet service" Wijet.

Gama said it will provide full base and line maintenance support for Wijet's fleet of 15 Cessna Citation Mustangs from its base in Oxford, UK. In addition, Gama will provide aircraft-on-ground support across Europe to ensure Wijet's aircraft availability.

"The first Mustang has already arrived at Oxford to begin routine checks; the other fourteen are due by the end of April," said Gama.

Wijet serves 1,200 airports, which Gama said is comparable to an average of just 300 airports. Last September, Wijet acquired its English competitor, Blink. Wijet's unique selling point is that it charges a flat fee of EUR2,400 per hour for all of its flights, on an all-inclusive basis.

"The contract award comes at a time of growth for Gama Aviation's Oxford base. Within the last six months, the base has added considerably to its EASA and FAA maintenance approvals, and it now supports the Citation Mustang as well as the 560 XLS, King Air 90-300 series, Learjet 45 and Premier 1, and larger aircraft such as Bombardier's Global, Challenger and Embraer's Legacy series," said Pat Marchant, head of maintenance at Wijet.

Gama shares were up 2.6% to 207.33 pence per share on Tuesday.

By Joshua Warner; joshuawarner@alliancenews.com; @JoshAlliance

Copyright 2017 Alliance News Limited. All Rights Reserved. 

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.