Novus seals purchase and leaseback deal for EK Boeing 777-300ER
“With the uninterrupted growth plans of Emirates, we will always look at innovative and competitive leasing and financing solutions that will benefit the airline,” said Novus’ Managing Director Hani Kuzbari.(Pictured right)
Nirmal Govindadas, Emirates’ Senior Vice-President Corporate Treasury, said: “Our financial strength and solid track record continue to enable us to secure funding in the global market to invest in new aircraft and expand our wide-body portfolio. We are pleased to finalize this transaction, and we will continue to look for innovative financing opportunities to support our growing fleet.”
Novus has so far completed sale and leaseback and financing transactions worth close to US $1 billion this year on both single and twin-aisle aircraft operated by airlines in the Middle East, Asia and the Americas.
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