GBAC meaning in Business ?

Canadian Forces Base Goose Bay (IATA: YYR, ICAO: CYYR), commonly referred to as CFB Goose Bay, is a Canadian Forces Base located in the municipality of Happy Valley-Goose Bay in the province of Newfoundland and Labrador. It is operated as an air force base by the Royal Canadian Air Force (RCAF). Its primary RCAF lodger unit is 5 Wing, commonly referred to as 5 Wing Goose Bay.

The airfield at CFB Goose Bay is also used by civilian aircraft, with civilian operations at the base referring to the facility as Goose Bay Airport. The airport is classified as an airport of entry by Nav Canada and is staffed by the Canada Border Services Agency (CBSA). CBSA officers at this airport can handle general aviation aircraft only, with no more than 15 passengers.

The mission of 5 Wing is to support the defence of North American airspace, as well as to support the RCAF and allied air forces in training. Two units compose 5 Wing: 444 Combat Support Squadron (flying the CH-146 Griffon) and 5 Wing Air Reserve Flight. CFB Goose Bay also serves as a forward operating location for RCAF CF-18 Hornet aircraft and the base and surrounding area is occasionally used to support units of the Canadian Army during training exercises.