Specialist Aviation Services Limited - Administration

Specialist Aviation Services Limited, a company based at Gloucestershire Airport in Staverton which specialises in servicing and maintaining helicopters for air ambulance charities, the emergency services and private businesses, entered administration on 31 January. The company has been operating at a loss for several years.

Following an accelerated M&A process, Andrew Sheridan and Jonathan Dunn of FRP were appointed as joint administrators, and immediately completed a pre-pack sale to Gama Aviation, saving 184 jobs.

J.N.I Investments BV, Air Ambulance Charity Kent Surrey Sussex, Tvpx Aircraft Solutions Inc., The Dorset & Somerset Air Ambulance Charity and Sas (Kent) Limited have registered charges against the company.