Novus News

Novus’ latest news in one place
Nov 20, 2017
Novus closes the purchase and leaseback of two additional Boeing B777-300ERs with Emirates Airline

Novus Aviation Capital has successfully closed the purchase and leaseback for two additional brand-new Boeing B777-300ERs with Emirates Airline (MSN 42351 and 42353). The two aircraft were delivered to Emirates in August and November 2017, respectively, and will be on long-term leases. This supplements Novus’ existing B777 and A380 portfolio of financed and leased aircraft to Emirates. Emirates’ Boeing 777-300ER delivered in November is the airline’s first aircraft to feature its latest cabin interiors, including the new First Class suite.

Nirmal Govindadas, Senior Vice-President – Corporate Treasury for Emirates, said: “Emirates’ ongoing innovation investments to enhance the customer experience has helped us maintain a competitive edge in the industry setting benchmarks not only for premium travel but across all classes. Our latest 777 cabin interiors, including the game changing new First Class suite is a real milestone for Emirates, and we are pleased that the aircraft was financed by Novus. As a key lessor partner, Novus’ continued support in providing financing solutions demonstrates their confidence in our financial strength and solid track record of business performance.”

“This is another key milestone in our strong working cooperation with Emirates. Completing the financing and leasing of deals representing multiple billions of US dollars to a single customer over the last decade, despite industry shocks and challenges, is a feat we are proud of, and we will continue extending the same level of commitment to our airline customers,” said Hani Kuzbari, Managing Director at Novus. “The latest aircraft delivery is also special as it features the new First Class suite and was displayed at the Dubai Airshow,” he added.

Novus has a portfolio of around USD 4 billion comprising close to 50 aircraft including both single and twin-aisle aircraft operated by airlines in the Middle East, Europe, Asia, and the Americas.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 23 years ago, the Novus team operates out of its five global offices in the Middle East, Europe and Asia.

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Oct 25, 2017
Novus to participate in the 18th Annual Asia Pacific Airfinance Conference

Novus Aviation will take part in the 18th Annual Asia Pacific Airfinance Conference, which will be held at the Conrad Hong Kong on the 1st and 2nd of November 2017. Hani Kuzbari, Managing Director at Novus, will participate in a debate on aircraft appraisers and lessors.


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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Oct 12, 2017
Novus Aviation Capital announces new strategic appointment to support its Board of Directors

Charles Graham has joined Novus Aviation Capital, as Advisor to the Board of Directors effective October 2017. Charles brings a wealth of industry experience having in the last 30 years held leadership positions at a global airline and at a major lessor. He held key positions with DHL, Morgan Stanley and Ansett Worldwide Aviation Services (AWAS), which was integrated with Morgan Stanley’s Aircraft Finance business to form one of the world’s largest aircraft lessors at the time.


“We are delighted to have Charles on board. I am certain that his in-depth airline and lessor experience will have a positive impact on our various activities, and help us better position ourselves with our various stakeholders as well as better overcome future industry challenges in the next 3 to 5 years,” said Safwan Kuzbari, CEO of Novus Aviation Capital. “Novus has been successful since inception, 23 years ago, and this additional investment in our platform will hopefully allow us to further grow and develop our franchise in this ever-changing environment,” he added.


“I am very excited to join this highly respected team. Novus has a strong track record of innovation in the industry and I look forward to working with them as they enter a new phase of strategic development and growth,” added Charles Graham.



About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 23 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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Sep 26, 2017
Novus takes part in ISTAT EMEA Conference

Novus Aviation has participated in the ISTAT EMEA Conference, which was held from the 24th until the 26th of September 2017, at the Edinburgh International Conference Center, in Edinburgh, Scotland. The conference brought together aircraft manufacturers, appraisers, airlines, financiers, lessors and fleet managers. 


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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Sep 26, 2017
Novus to speak at 15th Annual Middle East & North Africa Airfinance Conference

Novus Aviation will participate and speak at the 15th Annual Middle East & North Africa Airfinance Conference, which will be held on the 3th and 4th of October 2017, in Dubai, UAE. Hani Kuzbari, Managing Director at Novus, will be a speaker in a panel discussing leasing market trends. The conference will bring together airlines, financiers, lessors and appraisers to discuss the latest developments in the Middle East and North African aviation markets.


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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Sep 26, 2017
Novus to Speak at 6th China Airfinance Development (DFTP) Summit

Novus Aviation will take part in the 6th China Airfinance Development (DFTP) Summit, which will be held from the 27th until the 29th of September, 2017, in Tianjin, China. Hani Kuzbari - Managing Director, will be a speaker in a panel entitled "Value Evaluation, Management and Disposal of Terminating Aircraft Lease".


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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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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