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Novus Aviation Capital’s Tamweel Aviation Finance Provides Secured Second Lien Debt for Asiana Airlines

Novus Aviation Capital’s Tamweel Aviation Finance (TAF) announces the completion of aircraft financing arrangement for Asiana Airlines. This arrangement includes the financing of two new technology aircraft – an Airbus A350-900 and an Airbus A321neo, delivered in October and December, respectively. These deliveries mark a milestone in Asiana Airlines’ strategic initiative to modernize and enhance its fleet.

This transaction showcases our comprehensive ability to structure and manage complex aviation financing alongside established partners in the industry with MUFG and SMBC as senior financiers in this transaction.

Commenting on the transaction, Yuana Sung, Senior Vice President at Novus Aviation Capital said “We are delighted to have completed this transaction for Asiana Airlines alongside MUFG and SMBC as well as welcoming Asiana as a new customer to Novus and Tamweel Aviation Finance. The unique combination of the aircraft types and the involvement of key stakeholders in this transaction presents an appealing scenario for both Novus Aviation Capital and Tamweel Aviation Finance, recognized as one of the industry’s leading providers of secured second lien loans.”

The success of this transaction underlines the strength, adaptability, and popularity of the TAF solution while demonstrating our dedication to continue to support the growth of the airline industry through innovative solutions.

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