Pegasus Universal Aerospace announce new CEO appointment

posted on 15th July 2019 by William Hayes
Pegasus Universal Aerospace announce new CEO appointment

South African aviation group Pegasus Universal Aerospace has announced the appointment of Robbie Irons as its new Chief Executive Officer.

Irons will lead product development and assist founder and chairman of the company Dr Reza Mia with securing future investment.

“As general aviation evolves, I am excited to become actively involved with the innovative Pegasus One,” said Irons, speaking with Dr Reza at this year’s EBACE in Geneva for the programme’s international debut. 

“I am delighted Robbie has agreed to come on board.  Having him as a partner is a major asset,” added Reza.

Irons prior experience includes a spell with ExecuJet in Lanseria in aircraft sales, and also a period spent running his own consultancy firm, Irons Aviation, which specialised in turn-key aviation solutions and infrastructure projects.

Irons’ appointment coincides with news that a number of investor evenings are to be held in September – November this year in Johannesburg, with further opportunities to become available online.

Pegasus is working on bringing a VTOL jet to market, the Pegasus One, which is targeted for completion within 18 to 24 months of FAA certification from its Johannesburg, SA facility. 

The company estimated it will spend around $500 million bringing the aircraft to market.