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EXECUJET NEWS

The Execujet Group was at AAD showcasing the aviation specialist's full range of services including aircraft sales, operations, management and maintenance.A Bombardier Challenger 300 Corporate jet was also an display as part of the company's Bombardier sales efforts.

Execujet announced its maintenance department, in partnership with its avionics shop, had recently completed a complete retrofit of a customer Cessna Citation 1SP,replacing the analogue instrumentation with a full digital Universal Glass Cockpit, a Meggit instrument upgrade and glare shield modification. The aircraft was completely stripped down and a new interior fitted along with a modern air-conditioning system and exterior repainted. The company has also recently sold its first Honeywell /Bendix King KFD840 primary flight display unit which replaces six primary analogue instruments.

This system interfaces with most autopilots, GPS receivers and navigation radios. An SD card slot on the side of the unit allows rapid upgrades of software.

Agusta Westland

Italian manufacturer Finmeccanica Agusta Westland has achieved significant sales success recently on the African continent. The latest sales include an A109 Grand and AW139 TO THE Rwandan Government. These helicopters will be used for EMS and VIP transport respectively. Algeria has also ordered several Lynx and EH101 helicopters for its Navy. The company has completed delivery of the 30 A109 Light Utility Helicopters to the SAAF while the Super Lynx is providing sterling service to the South African Navy. The company is hopeful of follow-on orders for both types from the SAAF.

Further on the horizon is the replacement of the Oryx transport helicopter for which Agusta Westland considers their new AW149 model ideal. Civil sales of the type in South Africa have also increased with the SA Red Cross Air Mercy Service(AMS) having taken delivery of a fourth A119Ke Koala and having placed an order for a single A109 Grand for EMS operations.

ExecuJet Concludes Biggest BEE Deal In South Africa's General Aviation Industry

ExecuJet announced the conclusion of an agreement with the Guma Group, headed by IT Billionaire Robert Gumede, to buy a 26% black empowerment stake in ExecuJet South Africa, and in what is billed as the biggest BEE deal to date in the country's general aviation industry. The negotiations to strike the deal took over two years.

ExecuJet South Africa MD Ettore Poggi says that it regards transformation as fundamental to the long-term development and stability of the South Africa economy and its business in the entire Africa continent." It was imperative that we select the right partner for this transaction, and that our selected partner ascribes to similar business principles. Robert Gumede and the Guma Group provided significant comfort in this regard. I am excited about working with Robert and his management team in the future. We can now get down to the business of flying our clients, "he added, saying the Guma Group has a track record in assisting companies with business growth and transformation strategies."

The ExecuJet Aviation Group, headquartered in Switzerland, has a fleet of over 150 aircraft and its South African market leader in this industry. ExecuJet South Africa has over 40 aircraft ranging from turboprops to intercontinental jets under management and available for charter and has facilities at Lanseria International and Cape Town International airports.

The Guma Group of companies, which has over 12000 employees, was founded by Robert Matana Gumede, and is a black owned, hands-on operations and investing powerhouse focused on adding value and imitating growth by means of operations and managerial participation .Guma has operations in key African countries such as Nigeria, Namibia, Zimbambwe, Uganda, Botswana, Tanzania, Kenya, Gabon, the Republic of Congo, Canada, the Caribbean, Turkey, Chile, Indonesia, Australia, the Middle East, China and United Kingdom.

The Guma Group of companies has interests in a wide range of sectors including information communication technology, smartcard manufacturing, energy, mining resources, real estate, tourism and hospitality, infrastructure development and construction."Through our vast entrepreneurial acumen, impeccable empowerment credentials, highly skilled management, respect for and adherence to sound corporate governance, fervent attention to detail and hands-on value-add,Guma is perfectly positioned within the African continent to grow the business of ExecuJet further," said Gumede.

"Given Gumas investments in tourism through Africa's largest integrated tourism company, Tourvest, we needed to be involved in the aviation industry for the benefit of our private and public sector clients who fly private. ExecuJet gives us just that. Both Guma and ExecuJet are committed to real black participation and transformation of the aviation sector throughout Africa".

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