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November 21 2024

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Gama Aviation sells Jet East for US$131 million.

Gama Aviation sells Jet East for US$131 million.

18th October 2023

Gama Aviation Plc today announces that it has conditionally agreed to sell the Group’s US MRO Business, Jet East, to West Star Aviation for a value of approximately US$131 million on a cash free/debt free basis. Deal highlights The deal ascribes an enterprise value of US$131 million for the Group’s US MRO business. Net proceeds.....Continue reading

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