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Novus announces Mounir and Hani Kuzbari as Co-CEOs

Dubai, United Arab Emirates 7th July 2021 –Novus Aviation Capital, a global aircraft leasing and financing company announces a leadership change. Hani and Mounir Kuzbari will succeed Safwan Kuzbari as Co-Chief Executive Officers. Safwan will remain a member of the Board of Directors and will transition to an Executive Chairman role.

“Over 25 years ago, Novus Aviation Capital was established with a unique culture and innovative approach to the aircraft leasing and financing industry, and it has been an honor to lead the Novus group since then. Our agility and innovation have been the core of our business model, ensuring we are well-positioned for growth,” said Safwan Kuzbari. “As we move into the next chapter, I believe now is the right time to pass the baton. Hani and Mounir have been instrumental to Novus’s development and success over the past decade. Their appointment as Co-CEOs is a natural evolution to our business and will ensure continuity and long-term sustainable growth”, he added.

Commenting on their appointments, “This dual leadership enables us to continue to be innovative and nimble, allowing us to more closely support our diverse pool of customers and stakeholders globally. Mounir and I have been working together for over a decade, and as such, we are confident we can build on our existing strong foundations and achieve great milestones for Novus and its people,” said Hani Kuzbari. “Hani and I are looking forward to working closely with the Novus team to grow the platform following the most challenging year the aviation industry has faced. Novus’ agility, expertise and discipline will enable us to capture the many opportunities we expect to see in the future” said Mounir Kuzbari.

As part of this transition, a few key appointments will be made and will be gradually announced in due course.

 

-ENDS-

About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 25 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 4 billion.

 

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