Novus Aviation Capital Signs Deal With KDB Daewoo
Dubai, UAE, May 26, 2014 - Novus Aviation Capital, a resilient and growing aircraft leasing and financing platform, and KDB Daewoo Securities (Hong Kong) signed a cooperation agreement covering aircraft leasing investments. The partnership will be supported by the Novus platform and is geared to purchase aircraft on operating lease with international airlines.
As part of the first transaction under this partnership, Novus Aviation Capital and KDB Daewoo Securities (Hong Kong) confirmed the leasing and financing of one A330-300HGW bearing msn 1007 to Finnair. The deal establishes KDB Daewoo Securities' first transaction in the industry and reconfirms Novus Aviation Capital's positioning as a leader in investing in aircraft and providing aviation management platform that offers turnkey financing solutions to airlines and investors.
"Having transacted in lucrative business deals and formed successful relationships with over 40 airline companies worldwide and with our global experience in the trading, leasing, financing, management and remarketing of commercial jet aircraft, we are proud of this landmark partnership with KDB Daewoo Securities (Hong Kong), one of South Korea's e leading security companies.There are great synergies between the two institutions and we will be looking to add few more attractive aircraft to the partnership in the coming month", said Hani Kuzbari, Executive Vice-President at Novus.
"Novus has a proven track record of delivering turnkey solutions and is highly selective in sourcing quality aircraft transactions that are tailor-made to investors' risk-reward profiles, which we believe will be in line with KDB Daewoo Securities' rigorous investment process," he added. -Ends-
Photo-caption (L-R): Hani Kuzbari, Executive Vice President at Novus and Jong Son Kim, Managing Director of KDB Daewoo Securities (Hong Kong)
About Novus Aviation Capital: Novus Aviation Capital is an independent privately held aircraft leasing and financing platform, focused on investing in commercial aircraft assets. Established over 19 years ago, the Novus team operates out of its four global offices in the Middle East, Europe and Asia. Novus currently co-owns and manages aircraft related investments in excess of a $1.5bn. Novus offers airlines and aircraft owners comprehensive aircraft funding solutions and provides tailor-made investment products to investors. Novus's aircraft portfolio includes A320/330/A340s as well as B737-800 and B747/B777s.