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

Air Partner is appointed by Saudi Arabian Airlines as its exclusive remarketing agent

Air Partner's Aircraft Remarketing division (formerly Cabot Aviation), a leading aircraft remarketing agent, has been appointed by Saudi Arabian Airlines (Saudia) as its exclusive remarketing agent in respect of fifteen Boeing

Boeing Global Services Forecasts 1.2 million pilots and technicians needed by 2036

Now in its eighth year, the outlook is a respected industry study that forecasts the 20 year demand for crews to support the world's growing commercial airplane fleet.

Pegasus Airlines launches Business Flex

Pegasus Airlines has launched its brand-new flight package, Business Flex.

Etihad Airways introduces next-gen Boeing 787 between Abu Dhabi and Beirut

Etihad Airways has introduced the Boeing 787-9 on its scheduled daily service from Abu Dhabi, the capital of the United Arab Emirates (UAE), to Beirut, Lebanon.

Emirates highlights female role models in aviation with simulator challenge

Championing the importance of women's contributions to the growth and development of aviation, Emirates recently hosted Shaesta Waiz for a Boeing 777 simulator challenge in its home base of Dubai.

Gerry's Dnata opens lounge in Karachi

Gerry's Dnata, the largest ground handler in Pakistan, has opened a new marhaba lounge at Jinnah International Airport – Karachi.

Aviation Africa SK18418
See us at
RMIT BT1631817DASAS BT3006161117Aviation Africa BT18418DAS BT1105161117Commercial Aircraft Financing BT2017DIAC BT1105121117AIME BT1204240118Global Aerospace BT28218