Novus News

Novus’ latest news in one place
Jul 26, 2017
Novus Sells B777-200ER to Air Peace

Novus Aviation has arranged the sale of one B777-200ER to Air Peace in Nigeria. The aircraft was on lease to Emirates Airlines until January 2017. The transaction marks the first B777 aircraft to be operated in Nigeria, and is a testament to Novus’ remarketing expertise.

“We are very pleased to support Air Peace’s development through the sale of this 777-200ER. This asset provides excellent cost economics and is an ideal platform for Air Peace to pursue their strategic growth ambitions across Africa, Europe and Asia,” said Mamoun Kuzbari, Managing Director at Novus Aviation Capital. “We are also satisfied that we are extending the customer base of the 777 aircraft which Novus looks to continue to invest in.”

"We are pleased to have acquired this aircraft from Novus; the acquisition forms part of our strategy to increase the Air Peace fleet size and expand the airline’s international operations,” said Allen Onyema, CEO of Air Peace. “The aircraft happens to be our first wide body and is the first of four B777s expected to join the Air Peace fleet between now and February 2018.”

“We greatly appreciate the professionalism and transparency displayed throughout the transaction by Novus and its subsidiaries, and we look forward to working with them again in the future,” Onyema added.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.


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Jun 16, 2017
Novus Speaks at 15th Annual China Airfinance Conference

Novus Aviation took part in the 15th Annual China Airfinance Conference, which was held on 7 & 8 June 2017, at The Ritz-Carlton Shanghai, Pudong. Hani Kuzbari - Managing Director, was a speaker at a panel which discussed leasing cycles, WB exposure, used aircraft disposal and remarketing opportunities.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.

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May 24, 2017
Novus Sponsors MEMA 2017

 Novus Aviation has participated, as a platinum sponsor, in the 48th Middle East Medical Assembly on Conflict Medicine MEMA 2017 Gala Dinner. MEMA supports the AUBMC War Wounded Fund and the Medical Students’ Scholarship Fund, which help thousands of students pursue their career in medicine, and treat thousands of injured victims of war, living in areas of conflict and battle fields that are devoid of military hospitals and tertiary care centers.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.

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May 15, 2017
Novus CEO Interviewed by Al Iktissad Wal Aamal

Novus CEO, Safwan Kuzbari, speaks to Al Iktissad Wal Aamal on the aircraft leasing and financing industry.

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Apr 13, 2017
Novus holds Risk Workshop in Seoul

Novus Aviation Capital held a Risk Workshop co-sponsored by the Korea Development Bank (“KDB”) and Bae, Kim & Lee LLC (“BKL”).

On March 22, 2017, Novus Aviation Capital, in co-sponsorship with KDB and BKL, held a Risk Workshop at KDB’s headquarters in Seoul Korea. The workshop was held the day before the inaugural Korea AirFinance Conference which Novus also held active participating roles.

This workshop was one of many workshops that Novus has initiated over the years for Korean investors but was unique in that the workshop was geared to risk & evaluation managers at financial institutions. Over 60 participants from various financial sectors participated in this workshop.

The main aim of the workshop was to share a lessor’s perspective on risk management and BKL to address frequently asked legal questions related to aviation financing from Korean investors’ perspective.

“We were happy to co-sponsor this workshop as we believe that these types of events will not only help Korean investors understand further but also to promote the aviation and aircraft leasing industry,” said Mr. KJ Yang, Head of Aviation Finance team at the Korea Development Bank.

Mr. Young Joon Cho, Aviation Financing Partner at BKL commented that “the turnout was exceptional and reflects the continuous interest in the aviation sector and Korean investors’ keen interest for searching high quality investment opportunity”.

Novus believes that introducing various topics through workshops play an integral part of investment decisions made by our partner investors and plans to continue conducting these types of workshops. “Novus also holds customized topic events globally, where needed, to promote the long term interest in the aviation industry,” added Hani Kuzbari, Managing Director at Novus Aviation Capital.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.

 

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Apr 10, 2017
Novus to Speak at 6th Annual Japan Airfinance Conference
Novus Aviation will take part in the 6th Annual Japan Airfinance Conference, to be held on 20-21 April 2017, at The Peninsula Tokyo. Hani Kuzbari - Managing Director, will be chairing the second day of the conference, while George Ai - Executive Vice President, will be a panel member discussing new funds, structures and joint ventures in the Japanese aviation market.

About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.

 

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Mar 17, 2017
Novus to sponsor and speak at Inaugural Korea Airfinance Conference

Novus Aviation will be a sponsor at the Inaugural Korea Airfinance Conference taking place at Conrad Hotel in Seoul on 23 - 24 March 2017.  Hani Kuzbari - Managing Director, and George Ai - Executive Vice President, will be chairing panels discussing growth of the aviation market in Korea and investment in wide body aircraft. Wesley Pollard - Head of Risk and Research, will take part as a speaker in the lessors panel.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.

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Feb 28, 2017
Novus Aviation Capital announces new strategic appointments to support business operations and growth

Matt Lancaster joins as VP – Legal while Andy Jennings takes over as VP – Technical


Novus Aviation Capital has increased its senior management team with the appointment of Matt Lancaster as Vice President - Legal, and Andy Jennings as Vice President - Technical.

Matt Lancaster has joined the firm to enhance the legal team and help Novus better cope with the development of its business activities and aircraft portfolio. Matt has over 14 years of legal experience, including over a decade at Clifford Chance; he has also served as in-house counsel at Rolls-Royce.

Meanwhile, Andy Jennings has started his new role with Novus in January 2017 and will supplement the existing technical team out of the Dubai office. Andy has over 15 years of technical experience and has previously worked with leading manufacturers, airlines and lessors.

“We are delighted to have Matt and Andy join the Novus team. The wealth of knowledge and expertise they bring will no doubt boost our capabilities and help us better serve our customers worldwide including airlines, banks, investors and other key stakeholders of our business,” said Safwan Kuzbari, CEO of Novus Aviation Capital. “Novus is committed to providing best-in-class services to its customers, and having the right team to develop our plans is of paramount importance. I am confident that both Matt and Andy will greatly enrich our team’s capabilities and play a key role in providing and implementing high-quality solutions for our clients,” he added.

Novus further announced that the role of Marie Gauchenot, formerly Executive Vice President and General Counsel, will meanwhile evolve to a senior advisory one within the group and will include work on select strategic initiatives. “The Novus Board of Directors joins me in expressing our sincere gratitude and appreciation to Marie for her contribution and commitment to the organization since its inception. Marie will continue supporting the Novus group with several key initiatives, and we are delighted to continue benefiting from her extensive experience” Kuzbari said.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.

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Jan 16, 2017
Novus’ TAF finances three A321-200s for Avation PLC delivered to VietJet

Tamweel Aviation Finance (TAF) has closed the financing of the third of a three-A321-200 new aircraft facility for Avation PLC (AVAP.LN), the London LSE listed and Singapore based lessor. All three aircraft are on long-term operating leases with fast-growing Vietnamese low-cost carrier VietJet Air.


TAF is the finance leasing platform managed by Novus Aviation Capital (Novus) which brings together a partnership of Airbus SAS (Airbus), the Development Bank of Japan Inc (DBJ) and Norddeutsche Landesbank Girozentrale (Nord/LB) to provide attractive high LTV mezzanine financing to the world's airlines and lessors for Airbus products. Having just completed three years of successful operation, TAF has grown to a portfolio size of more than US$1 billion of assets by market value.


“We are very pleased to add Avation to the growing list of customers of Novus dedicated financing platform,” said Mounir Kuzbari, Managing Director at Novus.


"A key driver of Avation's profitability is the overall cost of finance and the amount of leverage. TAF's mezzanine facilities are a useful leverage tool for transactions of this nature," said Jeff Chatfield, Executive Chairman at Avation PLC.



About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.


About Avation PLC (AVAP.LN):

More information on Avation can be seen at: www.avation.net

Avation PLC is a commercial passenger aircraft leasing company owning and managing a fleet of jet and turbo prop aircraft which it leases to airlines across the world. The Company’s customers include Vietjet Air, Thomas Cook, Air France, Condor Flugdienst, Air Berlin, Virgin Australia Airlines, Fiji Airways and UNI Air.

 

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Jan 12, 2017
Novus to Sponsor and Speak at 19th Annual Global Airfinance Conference Dublin 2017

Novus Aviation will be a sponsor at the 19th Annual Global Airfinance Conference Dublin 2017, which will take place from 17 to 19 January. Mamoun Kuzbari, Managing Director, and Wesley Pollard, Vice President - Research and Risk, will participate as speakers in the airline economics panel.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 22 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about USD 3 billion.

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