Novus Aviation Closes Purchase of 3 A340-300s from Boeing

UIB Bahrain in a joint venture with MPL has purchased 3 x A340-300s from Boeing. Novus Aviation Group, sourced the transactions from Boeing, arranged the financing and closed all three deals on behalf of UIB and MPL. The three aircraft MSN 212, 215 and 282 are leased to Gulf Air. Novus Aviation Group will remain as the asset managers to the investors, financiers and to lessee.