Gama Aviation repays overpayments from its US Air associate


Gama Aviation said Tuesday that it had fully repaid overpayments from its US Air associate Gama Aviation of $5.75m and approximately $2m received in June last year and December 2017, respectively.

The overpayments were received in error and recorded in cash and trade creditors in the respective half and full year reporting periods, the company said. Both overpayments had been re-paid in full.

At 9:55am: (LON:GMAA) Gama Aviation Plc share price was -16.5p at 71p

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