Dubai-based lessor Novus Aviation Capital made its first direct purchase agreement with US manufacturer Boeing at the Farnborough Air Show July 19, committing to buy up to four 777-300ERs valued at about $1.4 billion at list prices. Capable of flying a maximum range of 7,930 nautical miles, the 777-300ER can seat up to 386 passengers in a three-class configuration. Novus Aviation Capital at present has an aircraft portfolio of nearly 50 aircraft worth about $4 billion. The company operates ...

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