Novus Aviation Group in a joint partnership between Al Salam Bank in Bahrain and Novus investment related company MPL has completed the purchase of one B777-200ER s/n 28417 aircraft on lease to Malaysian Airlines. This Islamically-compliant aircraft transaction involved the combination of equity and debt in a unique structure optimized to deliver high yield investment returns. Novus Aviation Group, the asset manager and pioneer in Islamic aircraft structuring and leasing, will be responsible for the day-to-day management of the aircraft. This transaction is the 18th Islamically-structured transaction that Novus has managed.
Novus Aviation Completes Al Salam Bank’s Acquisition of one B777-200ER on Lease to MAS
Novus recieves first B777-300ER from 2018 Farnborough Airshow order announcement
12 Oct 2020
TAP Air Portugal took delivery of two A330Neos aircraft financed by BNP Paribas and Novus Aviation Capital’s Tamweel Aviation Finance
05 Mar 2020