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FINANCIAL NEWS
Gama Aviation invests USD15m in its terminal in Sharjah Airport
02 Jul 2014
(MENAFN) Gama Aviation, a business jets servicing company, has recently launched its executive terminal at Sharjah International Airport, marking its phase of a USD15 million investment in the airport, according to Gulf News.
The new terminal, located in the Department of Civil Aviation building, will cater to executive jet customers. It is the only executive jet terminal at the airport.
Crescent Enterprises and Growthgate Capital invested a combined USD7.65 million, or 51 percent, which is the combined stake the companies hold in Gama Aviation’s Middle East and North Africa (Mena) operations.
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