Wales Air Ambulance Charity contract

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."   

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Gama Aviation Plc    [phone]
Marwan Khalek, Chief Executive 

Camarco   [phone]

Ginny Pulbrook

Geoffrey Pelham-Lane

WH Ireland  [phone]

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/

 

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