In a move to grow its global footprint, Novus Aviation Capital (“Novus”), a leading global aircraft leasing platform based in Dubai, has launched its UK-based subsidiary, Novus Aviation Capital (UK) Limited, in London. Through its presence in the financial capital of the world and one of the premier aviation centers, Novus aims to further consolidate its growth and success over the past few years.
Mamoun Kuzbari, Managing Director at Novus Aviation Capital, is expected to relocate to London to head the UK office, effective September 1st, 2016.
“For Novus, expanding with a new office in London is a well-timed and ambitious step forward that demonstrates the company’s commitment to our long-term business strategy and comes as part of our plans to capitalize on our leading position as well as increase our presence in key strategic markets around the world. With the opening of this new international office in the UK, we are building on years of success and investing for future growth,” said Safwan Kuzbari, CEO of Novus Aviation Capital.
“Despite Brexit, London is and will remain a strategic financial center for many aviation stakeholders. On the airline side, it is the home of a number of Novus’ key airline partners, whom we aim to better serve from our new London office,” said Mamoun Kuzbari. “The presence of several aircraft lessors in London will also be an advantage for our trading activities.”
Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 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 3 billion.