About Novus

Commitment, Continuity, Creativity

History

Novus' history in fact precedes its establishment. The story begins when its founders, Safwan and Chafic Kuzbari began arranging capacity trading between airline providers, and consequently entered into an era of carefully managed lease-in and lease-out contracts.
1973
1984
1985
1987
1990
1993
1994
1997
2002
2007
2010
2012
2013
2014
2015
2016
2017
2018

1973

United Aviation Services (UAS) was established and became a major Hajj supplier for Middle Eastern and North and West African Countries.

1984

Purchase and Leaseback to Pan Am of one 737-200 QC.

1985

Acquisition of 2 DC8-63 from KLM

1987

First Wide Body Acquisition from American Airlines of 6 DC10-10 aircraft onward to Spantax Air.

1990

UAS becomes the world’s fifth largest operating lessor by fleet size.

1993

The First Gulf War as well as TWA and PAN AM filing for Chp. 11 cause UAS to stop trading.

1994

NOVUS (Latin for ‘New’)was launched by a group of UAS executives.

1997

First multi-aircraft investment fund.

2002

First Shari’a-compliant aircraft fund.

2007

First Shari’a-compliant Syndicated aircraft fund.

2010

First single-aircraft investor fund.

2012

Dubai office opens.

2013

Novus opens its Hong Kong Office.

2014

Novus celebrates its 20th anniversary.

2015

Novus’s portfolio size is estimated at close to $3 billion. Novus closes SLB of five B777s with EK.

2016

London office opens Establishment of "Ortus" Fund

2017

Novus complete 20th aircraft transaction with Emirates with a SLB of a B777-300ER featuring the airline's latest aircraft cabin interiors and new First Class suite.

2018

Novus launches TAF II in partnership with Airbus, DBJ and NordLB.

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