Novus Aviation Capital has secured a limited recourse facility of $423 million with BNP Paribas and MUFG Bank to finance its order of four Boeing 777-300ERs (Extended Range). The order, announced during the Farnborough Airshow in 2018, represents Novus’ first direct order with a manufacturer at a list price of $1.4bn. Scheduled for delivery in 2020, the four long-range wide-body twin-engine aircraft will be leased to a European carrier once operational. Mounir Kuzbari, Managing Director at Novus Aviation Capital, said: “Completing this financing deal, with two of our key banking partners, further demonstrates Novus’ ambitious growth plans and our ability

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In