Commitment, Continuity, Creativity
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.
United Aviation Services (UAS) was established and became a major Hajj supplier for Middle Eastern and North and West African Countries.
Purchase and Leaseback to Pan Am of one 737-200 QC.
Acquisition of 2 DC8-63 from KLM
First Wide Body Acquisition from American Airlines of 6 DC10-10 aircraft onward to Spantax Air.
UAS becomes the world’s fifth largest operating lessor by fleet size.
The First Gulf War as well as TWA and PAN AM filing for Chp. 11 cause UAS to stop trading.
NOVUS (Latin for ‘New’)was launched by a group of UAS executives.
First multi-aircraft investment fund.
First Shari’a-compliant aircraft fund.
First Shari’a-compliant Syndicated aircraft fund.
First single-aircraft investor fund.
Dubai office opens.
Novus opens its Hong Kong Office.
Novus celebrates its 20th anniversary.
Novus’s portfolio size is estimated at close to $3 billion. Novus closes SLB of five B777s with EK.
London office opens Establishment of "Ortus" Fund
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.
Novus launches TAF II in partnership with Airbus, DBJ and NordLB.