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Novus Aviation Capital completes the purchase and lease back of another new B777-300ER with Emirates

Novus Aviation Capital closed its third B777-300ER (A6-ENC) with Emirates for the year 2012. The mandate was obtained earlier in the year, and the first two aircraft were delivered in May and June respectively. “Emirates is a valued client of Novus and we are delighted to expand our cooperation with three more brand new aircraft on long term lease with the airline this year” says Hani Kuzbari, Executive Vice President “This also coincides with the opening of our Dubai office which will help increase our reach and support to our airline customers in the Middle East, Asia and the Indian Subcontinent which represent key markets for us”.

Novus currently leases six Airbus and Boeing aircraft to Emirates. Novus will continue seeking large sale & lease back transactions on new and existing aircraft with selected airlines worldwide.

About Novus Aviation Capital
Novus Aviation Capital is an independent privately held aircraft leasing and financing platform, focused on investing into commercial aircraft assets. Established over 18 years ago, the Novus team operates out of its three global offices and currently co-owns and manages aircraft related investments in excess of a $1bn. Novus offers airlines and aircraft owners comprehensive capital raising solutions and provides tailor-made investment products to investors. Novus’s aircraft portfolio includes A320/330/A340s as well as B737-800 and B747/B777s.

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