Hangar8 to become GAMA PLC
It was announced today that Hangar8 ltd is going to merge with GAMA aviation and the whole lot to become GAMA Aviation PLC
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I sense some changes happening within H8 in that case !
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What changes? I have no idea what this merger means.
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So is that good news for H8 or bad news for Gama? Or a bit of both?
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Well I think they should open a base in Angola, that where the smart money is !!!
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Air 26 take over Gama?
Maybe not! )) |
You can mock ! And why not ))
L8 Out ! |
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?cod..._Shares_ALLISS
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Gama are actually buying H8
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Gama are actually buying H8 |
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. |
I know GAMA have engineering bases at both Fairoaks and Farnborough, so where are Hangar8 based?
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Despite all of the hype from H8 the Chairman of GAMA Aviation PLC will be Marwan Khalek and DD will be CEO of H8.
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Incest - a game for all the family.
I'll bet Freestream come out of this little deal well. |
Chevron, also at 'London Oxford' aka Kiddlington.
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Are any of these companies interesting to work for as a biz jet pilot?
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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
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