Novus acquires three 737-900ERs

Novus Aviation Capital (Novus) has acquired three Boeing 737-900ER aircraft from PT Lion Mentari Airlines (Lion Air), which have been placed on long operating leases with the airline. The successful conclusion of the sale and leaseback transaction with the Indonesian low-cost carrier further expands Novus’ aircraft management fleet. “We are delighted to have concluded this transaction with a leading low-cost carrier in the ASEAN region and to have added a new client and a popular Boeing 737 variant to Novus’ growing portfolio,” said Mounir Kuzbari, Novus’s Managing Director. “We hope this will be the first of many such transactions with