Gama Aviation dives as update disappoints

AIM-listed aviation services provider Gama Aviation (LON:GMAA) has seen its share price sink by 8.63% to 36.55p (as of 14:55 GMT) after posting an update for the year ended 31st December. Management said that operational performance had seen some improvement during the second half of the year but underlying performance excluding its share of losses from its Chinese associates.