http://www.hangar8.co.uk/charter.php?content=charter_home&section=1

Established in 2002 and AIM listed in November 2010, Hangar 8 is one of Europe's leading operators of private jets. With worldwide capabilities, Hangar8 operates some of the newest, safest and most desirable aircraft available.

Building on our success, our fleet of Boeings, Gulfstreams, Bombardiers, Dassault Falcons, Embraers, Hawkers and other flagship brands now totals 50+ aircraft, including Augusta Westland and Bell helicopters.

Our objective is to differentiate ourselves from our competitors through our commitment to offer an unparalleled level of service and by offering a better value proposition utilising the scale benefits of our substantial fleet. The size of Hangar 8’s fleet today enables us to offer low management fees and attractive levels of charter income for our owners, whilst providing charter customers with a prompt service that is competitively priced.

For our aircraft management customers, we make ownership hassle free and cost effective. We take care of all crewing, engineering, maintenance, insurance, operational support and legal and administrative responsibilities.

For our charter customers, our aircraft are based worldwide making it easier and cheaper for us to get to you. aircraft locations in London. Our broad geographical spread together with our in-house proprietary logistics systems allows us to reach our charter customers in no more than three hours from confirmed booking.

Specialties

Private jet charter, Aircraft sales, Aircraft management

12 Dec Cantor... 400.00 Buy

MIDAS SHARE TIPS: Hangar8 and Gama Aviation to merge and fly with private jet set

By Joanne Hart for The Mail on Sunday

Published: 22:02, 13 December 2014 | Updated: 22:02, 13 December 2014


Private jets arouse strong emotions. Tesco’s new chief executive, Dave Lewis, put the group’s fleet of luxury planes up for sale recently, but their very existence seemed to highlight the profligacy of the previous management.

For companies that are not in the public eye, however, and for a growing number of the world’s super-rich, private jets are fast, convenient and infinitely preferable to commercial travel.

AIM-traded Hangar8 has been reaping the benefits of this trend and the shares, now 301½p, are likely to do even better after it merges with privately-owned Gama Aviation in the New Year.



Luxury: The private jet market is poised to grow by 15,000 planes over the next decade




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Luxury: The private jet market is poised to grow by 15,000 planes over the next decade

The combined group will be responsible for 144 planes, ranging from small turboprop aircraft to luxury jets replete with dining tables, armchairs and sofa-beds.

These planes operate all over the world, from remote parts of Africa to dense urban centres such as London, Los Angeles and Mumbai.

The business does not own planes but manages them, providing crews, sorting out the best airports for takeoff and landing, ensuring the jets are safe to fly, complying with regulation in the air and on the ground and buying fuel and other necessities.

This is a growing market worldwide but about three-quarters of operators in Europe and America manage five planes or fewer. However, as the regulatory environment becomes increasingly testing and jet-setters want to travel further afield, this cottage industry approach makes less sense.

Hangar8 and Gama are already larger than most but together they will be an even more powerful force, which means they can secure better deals in areas such as fuel costs and landing fees, hire more experienced crews and offer more airports.



Flying high: The merger of Hangar8 and Gama will complete on January 6


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Flying high: The merger of Hangar8 and Gama will complete on January 6

The two groups’ customers include international companies, multi-millionaires and even governments. Most of their work involves flying executives around faster and more comfortably than commercial jets would.

However, the companies are also involved in emergency missions, so one customer is NHS Scotland, for whom they transfer ill people from the islands to the mainland. Private planes are also used to fly sick staff from African outposts to mainstream hospitals and governments use them to deliver emergency aid too.

Hangar8 has to date been run by Dustin Dryden, who set up his company in 2002 and floated it in 2010. Gama has been run by Marwan Khalek who founded the business three decades ago. He will be chief executive of the combined group and it will take the name Gama Aviation because Gama is larger. Dryden will be on the board, however, and both men remain significant shareholders. The company will be chaired by Rolls-Royce veteran Sir Ralph Robins.

The private jet market is expected to grow by more than 15,000 planes over the next ten years as those who can afford one turn their backs on conventional air travel. Gama is well positioned to profit. Hangar8 produced profits of £1.98million and sales of £65million in the year to June 2014.

The new group is forecast to deliver sales of £213million and profits of £12.5million in 2015, with further significant growth predicted for 2016. Khalek and Dryden intend to expand the group by gaining market share from smaller players and by acquiring selected rivals too.

The merger of Hangar8 and Gama will complete on January 6 and shareholders in Hangar8 will automatically receive new Gama stock after that.

Midas verdict: The private jet market is growing. Hangar8 and Gama have already proved themselves to be successful in this sector but together they should do even better. Buy Hangar8 shares now and see them morph into Gama in January or buy shares in the new Gama plc once the merger has been officially completed. Either way, the price should rise.

Simon T of IC has issued a buy recommendation on Hangar 8's shares and a target price of 400p.

The market has reacted well to the recent takeover news,

Signal Update

Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 29/12/2014, 1 day ago, when the stock price was 343.0000. Since then HGR8.L has risen by +10.06%.

Market Outlook

You may relax since our STAY LONG position is secure. The market action does not cast a serious doubt on the wisdom of going long.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=HGR8.L

Change of Name

RNS


RNS Number : 3206B

Hangar 8 Plc

05 January 2015






Hangar 8 plc ("Hangar8" or "the Company")



Change of Name

Further to the announcement made by the Company earlier today, the Company confirms its proposed change of name to Gama Aviation Plc has now been registered at Companies House and is therefore effective.

Trading in the Company's shares on AIM under the new name of Gama Aviation Plc (AIM: GMAA) will take effect from 6 January 2015.

From this date, further information can be found on the Gama Aviation Plc website at www.gamaaviation.com.

NEW THREAD ON THE 6TH JANUARY.

See new Gama Aviation Plc (GMAA) thread below

http://www.moneyam.com/InvestorsRoom/posts.php?tid=18574#lastread