UK Company Buys PrivatAir's U.S. Division

Business Jet Traveler » April 2008
Tuesday, April 1, 2008 - 5:00am

Farnborough, UK-based business aircraft operations company Gama Holdings purchased PrivatAir Inc., the U.S. division of PrivatAir Group, in March for an undisclosed sum. Gama also bought 25 percent of Flight Services Group, which provides charter services to the former PrivatAir management clients in the U.S. Gama Holdings has renamed the company Gama Aviation and said its headquarters will remain in Stratford, Conn. Gama Holdings now manages 62 aircraft, and five more are scheduled for delivery.

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“"Many years ago, our company founder, Al Conklin, sold a new twin-engine business aircraft to a very successful entrepreneur. He had established a bit of a rapport with the individual and, after the sale, asked him straight out, 'How can you justify the cost of this airplane?' His reply? 'What is the cost of a divorce?'"–David Wyndham, president, Conklin & de Decker”

-David Wyndham