Novus News

Novus’ latest news in one place
Mar 26, 2018
Novus launches Tamweel Aviation Finance II to fund Airbus aircraft acquisitions

Following the success of Tamweel Aviation Finance (TAF), Novus Aviation Capital, a Dubai-based aircraft leasing and financing company, has announced the launch of its second junior debt fund dedicated to the financing of Airbus aircraft. Tamweel Aviation Finance II (TAF II) is a partnership between Airbus, Development Bank of Japan Inc., Norddeutsche Landesbank and Airbus Group Bank.


The vehicle will be managed by Novus and will focus on providing attractive junior and mezzanine financing solutions to both airlines and leasing companies. Launched in July 2013 in response to a rapidly changing aircraft financing environment, TAF has now fully committed its allotted funds.


“We are very excited with the launch of the second edition of our junior debt platform and would like to thank our partners for their continued support. The growth outlook of the airline industry along with the large delivery stream are expected to drive an increasing demand for this type of financing product,” said Mounir Kuzbari, Managing Director at Novus.


“Building on the experience and success of the first Tamweel Aviation Fund, we foresee a great future for TAF II with, again, a lot of value being delivered to our customers through innovative financing solutions. The collaborative way of working with our financing partners has proved to be excellent; we thank them very much for this and look forward to further developing the partnership,” said Nigel Taylor, SVP Financing and Guarantees, Airbus.


“Since DBJ strongly believes junior loan will support finance activity for airlines and lessors, we are very pleased with TAF II’s successful closing and believe that this fund will make great contributions to the industry. The partnership with Novus, Airbus, Airbus Group Bank, and Norddeutsche Landesbank was the core of the previous fund success and we have no doubt that this will also lead TAF II and the industry to the successful future,” said Masashi Kumagae, General Manager at Development Bank of Japan Inc.


"Within the last few years, Tamweel Aviation has been established as one of the leading providers of junior debt in the Aircraft Finance Market. The performance of the vehicle and the strategic value it adds to our business model is even higher than we had expected before joining in 2014. In this regard, since the commitments allocated to TAF are now fully invested, we are happy to further participate in this success story by joining TAF II as a worthy successor,” commented Oliver Gruenke, Director at Norddeutsche Landesbank.



About Novus Aviation Capital:

With 24 years of aircraft leasing, financing and trading experience, Dubai-based Novus is one of the world’s fastest growing aircraft leasing financing platforms in the world. Operating globally out of five offices in Europe, Asia and the Middle East, the company has an aircraft portfolio under the management of around 50 aircraft worth nearly $4 billion.

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Feb 13, 2018
Novus to chair and speak at The Second Korea Airfinance Conference

Novus Aviation Capital will be participating in The Second Korea Airfinance Conference, which will be held on the 27th and 28th of February 2017, at the Conrad Seoul. Hani Kuzbari, Managing Director at Novus, will be chairing the first day of the conference, and will be a speaker in the lessors' panel discussing aircraft portfolio trading, lease rates and fuel price impact. Hani will also be moderating the airlines' panel. George Ai, Executive Vice President at Novus, will be moderating the underwriters' panel discussing institutional aircraft investment.


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 24 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 4 billion.
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Feb 06, 2018
Novus closes purchase and leaseback of two new A321s with Vietjet

Novus Aviation Capital has successfully closed the purchase and leaseback of two brand new Airbus A321-200 aircraft, MSN 8061 and MSN 8076, with Vietjet airline of Vietnam. The two aircraft were delivered to Vietjet in January 2018 and are on long-term leases. This transaction is part of a larger deal between the two companies that would see multiple aircraft deliveries over the next 12 months.


“We are pleased to complete our first operating lease transaction with Vietjet. The airline is experiencing impressive growth with promising future plans on the back of a thriving tourism scene in the country, which has been witnessing a spurt in the number of both inbound and outbound travelers. We are delighted to add Vietjet to our growing list of customers and we believe this transaction will further drive our business growth and market expansion,” said Hani Kuzbari, Managing Director at Novus.

 

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Jan 09, 2018
Novus Welcomes Simon Clements as Executive Vice President – Marketing in London

 Novus Aviation Capital has further developed its senior management team with the appointment of Simon Clements as Executive Vice President – Marketing, in London, UK, effective 8 January 2018. Simon will report to Mamoun Kuzbari, Managing Director of Novus.

A graduate of the Royal Military Academy Sandhurst, Simon spent 10 years as an officer in the British Army Gurkhas, and also as a Gazelle and Lynx helicopter pilot. Simon joins Novus with 18 years of experience in the aviation industry beginning as a sales director at Airbus, and for the last eight years as part of the management team at FPG Amentum.

“Simon is a seasoned aviation executive and his experience will be of great value to Novus as we continue our expansion and organic growth,” said Safwan Kuzbari, Chief Executive Officer, Novus Aviation Capital. “Owing to his career achievements and industry acumen, Simon makes an excellent addition to the senior management roster of Novus. The board joins me in welcoming him to Novus.”


About Novus Aviation Capital:

Novus is an independent, privately-held aircraft leasing platform, focused on investing in commercial aircraft assets. Established over 24 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 4 billion.
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Dec 10, 2017
Novus CEO interviewed by Al-Bayan Newspaper

Novus CEO, Safwan Kuzbari, speaks to Al-Bayan Newspaper on the aircraft leasing and financing industry.

To read the article in Arabic, kindly click on the link below:

http://www.albayan.ae/economy/local-market/2017-12-10-1.3126661


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Dec 09, 2017
Novus CEO Speaks to Al-Roeya

Novus CEO, Safwan Kuzbari, was interviewed by Al-Roeya newspaper, discussing the aircraft financing industry.

To read the article in Arabic, kindly access the link below:

http://www.alroeya.ae/206779/

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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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