CFS Aviation Group restructures ownership, rebrands after end of Comair partnership

July 16, 2025 in Business, Companies, Transport by Editor

CFS Aviation Group has announced a major strategic shift in ownership and branding, marking the end of its 12-year partnership with Comair General Aviation Holdings. The announcement follows unconditional approval from the South African Competition Commission for a new shareholding arrangement.

Under the new structure, Parrot Aviation—holding company of Federal Airlines (FedAir)—has acquired Comair’s 50pc stake in CFS. Simultaneously, CFS co-founder and CEO Justin Reeves has purchased the remaining shares held by minority shareholders, consolidating his leadership position within the company.

The move also retires the Comair Flight Services name. The company will now operate under its new identity: CFS Aviation Group, signalling its transition into a fully independent business aviation enterprise.

“This marks an exciting new chapter in the CFS journey,” said Reeves. “The new structure reinforces our long-term vision, strengthens our shareholder base, and preserves our operational independence.”

While Parrot Aviation is now a significant shareholder in both CFS and FedAir, the two companies will remain fully independent in brand, operations, and leadership. CFS Aviation Group will continue operating under its own Air Operator Certificate (AOC), with Reeves maintaining his role as Group CEO.

Parrot Aviation brings a transformation-focused ownership profile, featuring majority black ownership and leadership representation by black women.

Headquartered at Lanseria International Airport, CFS Aviation Group offers aircraft management, charter, aircraft sales, and Fixed-Base Operator (FBO) services. The company is known for its emphasis on safety, service quality, and tailored aviation solutions.

“The new structure allows us to sharpen our focus and continue doing what we do best—delivering the ultimate aviation experience,” Reeves added.