Story ID: 
GAMA Aviation To Acquire Jersey FBO
By: Curt Epstein
Caption: When completed, the transaction will give the global aviaiton services provider its third FBO, joining locations in Glasgow, Scotland and Sharjah, UAE.
Word Count: 159
UK-based global aircraft charter, management and FBO services provider Gama Aviation has agreed to purchase Aviation Beauport, a privately owned FBO and aircraft charter/management company located on the channel island of Jersey. A British Crown dependency, Jersey is technically not part of the UK or the European Union, but has a special relationship with both. As a growing economic center, Jersey recently opened its own aircraft registry, and Gama anticipates an influx of aircraft management and handling opportunities going forward.

The nearly $8 million transaction includes a modern FBO terminal with 12-seat conference room, pilots' lounge, passenger lounge and business center, as well as a hangar capable of sheltering aircraft up to the size of a Dassault Falcon 2000. Beauport currently has four business jets under management, including a Cessna Citation Mustang, XLS and XLS+, and a Falcon 2000. The deal, pending approval by Jersey authorities, is expected to be completed by the end of next month.