Hangar8 to become GAMA PLC

[absolute zero]

It was announced today that Hangar8 ltd is going to merge with GAMA aviation and the whole lot to become GAMA Aviation PLC

[dc9-32]

I sense some changes happening within H8 in that case !

[tommoutrie]

What changes? I have no idea what this merger means.

[Jackdaw]

So is that good news for H8 or bad news for Gama? Or a bit of both?

[l8starter]

Well I think they should open a base in Angola, that where the smart money is !!!

[Jackdaw]

Air 26 take over Gama?
Maybe not! ))

[l8starter]

You can mock ! And why not ))

L8 Out !

[Jackdaw]

So its a reverse takeover - H8 taking over Gama but retaining the name Gama.....things are going to change for Gama I guess http://www.lse.co.uk/AllNews.asp?code=h10unr8c&headline=Hangar_8_To_Buy_Gama_Aviation_In_Reverse_Takeover_I ssue_Shares_ALLISS

[littco]

Gama are actually buying H8

[cldrvr]

Gama are actually buying H8

No, they are not, it is H8 doing the buying.

[BizJetJock]

The joys of market share deals!
Gama are buying the shares that Hangar 8 are issuing to raise the money to buy Gama. Therefore at some point after the snake has swallowed its own tail, Gama are doing the buying.

[chevvron]

I know GAMA have engineering bases at both Fairoaks and Farnborough, so where are Hangar8 based?

[gordon field]

Despite all of the hype from H8 the Chairman of GAMA Aviation PLC will be Marwan Khalek and DD will be CEO of H8.

[LGW Vulture]

Incest - a game for all the family.

I'll bet Freestream come out of this little deal well.

[air pig]

Chevron, also at 'London Oxford' aka Kiddlington.

[Klimax]

Are any of these companies interesting to work for as a biz jet pilot?

[Global_Global]

Mmm the one with a not so good reputation from a quality perspective is ending up with the one to be rumoured to have had financial issues... But the interesting question is: which one is which, it is the money loosing industry called business aviation after all :D:D:D:D:D:D:D:D:D:D:D:D