Gama Aviation has finalised its acquisition of business aviation services provider Aviation Beauport, following approval from the Jersey competition authority on 17 February.

The Channel Islands company brings to the Gama portfolio a fixed base operation, large hangar and four managed business jets. These include an entry-level Cessna Citation Mustang, a superlight Cessna XLS and XLS+ and a large-cabin Dassault Falcon 2000EX.

Aviation Beauport’s location is strategically important for Farnborough, UK-headquartered Gama. With its low tax regime and secretive companies register, Jersey is home to a sizeable community of high-net-worth individuals and is a burgeoning base for business aircraft. In November, the British crown dependency launched a dedicated private aircraft register to exploit this growing market.

“We are looking to grow the business, and our presence in Jersey is an excellent strategic fit for the group,” says Gama founder and chief executive Marwan Khalek.

Established in 1983, Gama is one of the world’s largest business aviation companies, operating across 46 locations with a charter and management fleet of around 150 aircraft.

Source: Flight International