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Emirates s/l with Novus for 777
21 January 2011
Dubai carrier Emirates has closed a sale/leaseback with Novus Aviation.
Emirates completed a sale/leaseback for one 777-200ER with
Novus Aviation in January. This is the third deal between the
The acquisition was made through a fund co-owned and managed
by Novus. The structure is Sharia compliant with conventional
debt from DVB Bank. The structure was first developed and
applied by Novus almost 10 years ago.
Emirates most recently...
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