Novus Aviation Capital

Grupo Aeromexico | September 22, 2020

Grupo Aeroméxico, S.A.B. de C.V. today announced that the Company received approval by the United States Bankruptcy Court for the Southern District of New York to modify the majority of its existing aircraft equipment leases into power by the hour agreements ("PBH Agreements") that will substantially reduce Aeromexico's monthly aircraft and engine costs for the duration of the PBH period. PBH Agreements allow for Aeromexico to reset monthly lease costs based on utilization o...

Business Aviation

Novus Aviation Capital | September 21, 2022

LeaseWorks, a leading provider of cloud-based solutions and services to the aviation industry, announced during the ISTAT EMEA conference that Novus Aviation Capital deployed the company’s Aeris Asset software to support the day-to-day management of the Dubai-based lessor’s global leasing operations.With a focus on enhancing the leasing platform’s agility and innovation, the Novus team sought out asset management software that would be fully customizable, providing ...

Airbus | September 21, 2020

To celebrate zero emissions day 2020, Airbus has revealed three concept aircraft, codenamed ZEROe. These hydrogen-powered planes would be the first to produce zero emissions in flight and could revolutionize air transport for the future. Here’s what you need to know. European planemaker Airbus has unveiled three concepts for aircraft that could fly with zero emissions. These commercial planes are designed to fill every niche in the commercial aviation sector, and the planemaker says...

Boeing | September 18, 2020

AerSale confirmed today that it entered a purchase agreement to take on 24 Boeing 757-200 passenger aircraft. All of the jets come with Rolls-Royce RB211-535 series engines. Additionally, 16 spares form part of the deal. According to a press release seen by Simple Flying, these 757s are part of the approximately 500 commercial planes parked at AerSale’s sites at Roswell, New Mexico and Goodyear, Arizona, for several carriers and companies. AerSale not only provides storage, but it i...