dayofdubai | Novus Aviation Capitals Tamweel Finances A320s for Virgin America

Monday, Jun 19, 2023
Hijri Date
℃ Dubai, UAE

Business

ID Number 20753
Aug 08, 2023
202

Novus Aviation Capitals Tamweel Finances A320s for Virgin America

Tamweel Aviation Finance, the partnership fund of the Dubai-based Novus Aviation Capital, Airbus, DBJ and Nord/LB, managed by NAC, is happy to verify the closing of its very first single-aisle deal with Virgin America covering three brand-new A320 airplane due for shipment in the first half of 2016.

Mounir Kuzbari, Managing Director of Novus Aviation Capital, commented: "We are specifically delighted to have secured this funding with Virgin America as it clearly shows the broad appeal of the Tamweel finance lease product, which has now been utilized by first-tier airlines on the best variety of Airbus airplane from the A320 household to the A380".

According to Anthony Mosse, Vice President of Finance and Treasurer at Virgin America, "We are thrilled by this brand-new collaboration with Tamweel, which is a fundamental part of the financing dedications obtained by Virgin America for our 10 brand-new A320 airplane that are being provided in between mid-2015 and mid-2016.".

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