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Guma buys 25% of ExecuJet

posted Oct 7, 2010, 12:39 AM by Temp User

The Guma Group has bought a 26% equity stake in ExecuJet Aviation Group’s African business.


The ExecuJet Aviation Group (headquartered in Switzerland) is one of the largest business aviation companies in the world with a fleet of over 150 aircraft. Its South African subsidiary, ExecuJet South Africa, has facilities at Lanseria and Cape Town international airports.

ExecuJet South Africa has over 40 aircraft under management and available for
Charter, ranging from turbo-props to intercontinental jets. 

ExecuJet is the exclusive sales agent outside North America for the eight- to 12-passenger Aerion Supersonic Business Jet, expected to come into service in 2016.


The Guma Group of companies, founded by selfmade entrepreneurial businessman, Robert Matana Gumede (45), is a black owned, hands-on operations and investment power house intensely focused on adding value and initiating growth by means of operational and managerial participation. With broad-based shareholding and a development community trust, Keni Development Trust, Guma is able to offer unsurpassed strategies for commercial success while upholding the agenda of transformation in South Africa and beyond. Guma Group is headquartered in Johannesburg, South Africa, and operates throughout the African continent, as well as Canada, Australia, Europe, Middle East and Asia through its various subsidiaries and who employs over 12 000 staff members.