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

Royal Jordanian starts to implement enhanced security measures on US-bound flights

As of January 18, 2018, Royal Jordanian will start implementing the additional security measures required in October 2017 by the US authorities for US-bound flights.

Boeing and Adient launch new company to design and build aircraft seats

Boeing has announced the formation of Adient Aerospace, a joint venture that will develop, manufacture and sell a portfolio of seating products to airlines and aircraft leasing companies.

All eyes on the Hawk

BAE Systems has flown the demonstrator for a new so-called Advanced Hawk configuration. Jon Lake takes a look at the new aircraft.

Airbus Commercial Aircraft delivers record performance

Airbus’ Commercial Aircraft deliveries in 2017 were up for the 15th year in a row, reaching a new company record of 718 aircraft delivered to 85 customers.

Turkish Cargo launches Miami flights offering wide body cargo aircraft

Turkish Cargo has launched cargo flights to Miami. Turkish Cargo’s Miami cargo flights are to be operated with Boeing 777-200F, the cargo aircraft newly acquired the past month.

Qatar first airline to ever fly Airbus A350 to Greece

Qatar is the first airline to ever fly the state-of-the-art Airbus A350 to Greece.

Kuwait Aviation SK1909310118
See us at
MEBAA BT2018Istanbul Airshow BT22018BIAS BT271017161118AIME BT1204240118ArabianTravelMkBT250418Abu Dhabi AirExpo BT2018Aviation Africa BT18418Saudi Future Airports BT150318Global Aerospace BT2018