Novus Aviation Capital completes the purchase and lease back of another new B777-300ER with Emirates

Dubai, UAE 4th December 2012 – Novus Aviation Capital closed its third B777-300ER (A6-ENC) with Emirates for the year 2012. The mandate was obtained earlier in the year, and the first two aircraft were delivered in May and June respectively. “Emirates is a valued client of Novus and we are delighted to expand our cooperation with three more brand new aircraft on long term lease with the airline this year" says Hani Kuzbari, Executive Vice President “This also coincides with the opening of our Dubai office which will help increase our reach and support to our airline customers in the Middle East, Asia and the Indian Subcontinent which represent key markets for us”.

Novus currently leases six Airbus and Boeing aircraft to Emirates. Novus will continue seeking large sale & lease back transactions on new and existing aircraft with selected airlines worldwide.