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  5. IN BRIEF: Gama Aviation in talks to buy Tyrolean Jet Services

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IN BRIEF: Gama Aviation in talks to buy Tyrolean Jet Services

Fri, 24th May 2024 20:18

Gama Aviation PLC - Farnborough, England-based aviation services company - Confirms that it is in discussions to acquire Tyrolean Jet Services, an Austrian provider of aircraft management and charter services. Gama was responding to industry market speculation. Explains the interest in TJS is consistent with the group's strategy to grow its Aircraft Management & Charter business. Says talks are ongoing, and they remain subject to further negotiations, diligence, and Board approval. As such, they are not expected to be concluded until after the company's delisting from AIM.

Current stock price: 96.00 pence, down 0.5% in London on Friday

12-month change: up 88%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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25 Apr 2019 18:13

DIRECTOR DEALINGS: Gama Aviation Chair's Associate Buys Shares

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24 Apr 2019 10:40

Gama Aviation soars despite gloomy outlook on 'challenging' 2019

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24 Apr 2019 10:16

Gama Aviation Cuts Annual Payout As Sinks To Loss On One-Off Costs

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3 Apr 2019 12:58

Gama Aviation Appoints Managing Director Of Major Shareholder As Chair

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13 Mar 2019 16:52

Gama Aviation 2019 Trading As Expected, Nearing Early April Chair Hire

LONDON (Alliance News) - Gama Aviation PLC on Wednesday said it traded in line so far in 2019, whilst progressing on chair selection and preparing its annual statement.At the end of the a a

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11 Mar 2019 16:04

UK Earnings, Trading Statements Calendar - Next 7 Days

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5 Feb 2019 09:21

Gama Aviation Shares Fall As It Returns Overpayments From US Unit

LONDON (Alliance News) - Aviation services firm Gama Aviation PLC saw its share price fall sharply Tuesday after it repaid USD7.8 million to its US associate firm following two in Gama were 19% at

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31 Jan 2019 18:09

Gama Aviation Non-Exec Director Stands Down With Immediate Effect

LONDON (Alliance News) - Gama Aviation PLC said Thursday Non-Executive Director Richard Steeves is standing down from the company's board, with immediate effect.Shares in Gama Aviation

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24 Jan 2019 09:50

Gama Aviation Warns On Annual Profit Below Guidance, Shares Drop

LONDON (Alliance News) - Shares in Gama Aviation PLC plunged on Thursday as the company guided for its annual profits to be lower than expected.Gama shares were trading down 23% at 88.00 to

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24 Jan 2019 09:05

Gama Aviation in freefall after profit warning

(Sharecast News) - Gama Aviation dived on Thursday after stating that it expects the full year underlying operating profits to be $3m below its previous guidance after disappointing fourth-quarter trading.

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10 Jan 2019 15:30

Gama Aviation acquires new business as part of $10m US expansion

(Sharecast News) - Gama Aviation on Thursday purchased a paint and interior completion business currently operated by Lotus Aviation Group at Fort Lauderdale Executive Airport.

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10 Jan 2019 15:30

Gama Aviation Buys Interior Business To Improve US Maintenance Unit

LONDON (Alliance News) - Aviation services company Gama Aviation PLC said Thursday it has acquired a paint and interior completions facility to its US maintenance business.The trade and is

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24 Dec 2018 08:36

Gama Aviation scores new European mission contracts

(Sharecast News) - Aviation services outfit Gama Aviation has been awarded two new contracts, providing steady and profitable revenue growth for the group's European division.

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29 Oct 2018 10:51

WINNERS & LOSERS SUMMARY: HSBC Rises After Upbeat Third Quarter

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - WINNERS----------HSBC,

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29 Oct 2018 09:13

Gama Aviation Expects Annual Profit Below Guidance As US Disappoints

LONDON (Alliance News) - Gama Aviation PLC on Monday lowered its full-year expectations after trading in some of its divisions has not improved "sufficiently" during the second half of a

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