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 1st 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/
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
