Subscribe Free
in Business & Finance

Novus in Lion Air sale and leaseback deal

Posted 1 August 2016 · Add Comment

Novus Aviation Capital the Dubai-based global aircraft leasing platform has acquired three Boeing 737-900ER aircraft from PT Lion Mentari Airlines ('Lion Air'), which have been placed on long operating leases with the Indonesian low-cost carrier

 The sale and leaseback transaction adds a new client to the leasing platform’s client portfolio in what Mounir Kuzbari, Novus Managing Director hopes “will be the first of many such transactions with Lion Air.”

Edward Sirait, CEO of Lion Group, said the airline hopes “to expand and deepen our cooperation to our mutual benefit.”
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 four global offices in the Middle East, Europe and Asia. The company currently co-owns and manages aircraft-related projects worth about $3 billion.
 

* required field

Post a comment

Other Stories
Advertisement
Latest News

DC Aviation Al-Futtaim expands managed aircraft fleet

DC Aviation Al-Futtaim (DCAF) has added another Bombardier Challenger aircraft to its managed fleet.

First Rolls-Royce Trent 7000 production engine despatched

The first Rolls-Royce Trent 7000 production engine was despatched yesterday to the Airbus facility in Toulouse, in readiness to power Airbus’s latest aircraft, the A330neo, into service.

Stand out seats

Seating was one of the key focuses when Aircraft Interiors Middle East took place in Dubai in January.

FIA2018: CAE signs commercial aviation training solutions contract with Qatar Airways

CAE has announced today at the 2018 Farnborough Airshow that it has sold five (5) CAE-built full-flight simulators (FFSs) – 3x Boeing 777X and 2x Boeing 737MAX – and two (2) flight training devices (FTDs) – one Boeing 777X and one Boeing

SalamAir to add six new A320neo to its growing fleet

Oman’s first budget airline, SalamAir, has signed an agreement to add six new A320neo aircraft to its fleet, of which five are on lease from an undisclosed lessor.

BAE Systems selects Raytheon's projector for UAE F-16 DLE HUD

Raytheon will design, develop and manufacture the projector for BAE Systems' Digital Light Engine (DLE) Head-Up Display (HUD) on the F-16 Fighting Falcon for the United Arab Emirates (UAE) armed forces.

TAA SK0902311218
See us at
GATM BT1004061118Aviation Africa BT0607280219BIAS BT271017161118AIME19BTA3005120219Istanbul Airshow BT22018MEBAA BT1004121218Cargo BT1004091018ASDubai BT1004091018MAPS18_BT1207131118