Sunday 26 October 2014
 
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Alafco

Kuwait's Alafco plans to buy $600m aircraft

Kuwait's Aviation Lease & Finance Company (Alafco), a unit of Kuwait Finance House (KFH) , plans to spend about $600 million buying 15 new aircraft over the next two years to cover a gap before it receives already-ordered planes in 2017,

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Alafco to spend $600m buying aircraft over two years

Kuwait's Aviation Lease & Finance Co (Alafco), a unit of Kuwait Finance House (KFH), plans to spend about $600 million buying 15 new aircraft over the next two years to cover a gap before it receives already-ordered planes in 2017, the c

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Alafco in shares sale plan

Kuwaiti aircraft leasing company Alafco has hired Deutsche Bank to advise it on a potential sale of global depositary receipts (GDRs) in London, two bankers aware of the matter said. The bank is looking at Alafco's operations

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Alafco confirms $2bn order for Boeing 737s

Kuwait airplane leasing company Alafco and Boeing have finalised an order for 20 Boeing 737 MAX 8s valued at $2 billion at current list price. The order was first announced as a commitment at the Farnborough Airshow in July. &q

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Alafco posts profit jump; leases to VietJet

Kuwait's Aviation Lease & Finance Co (Alafco) posted a near quintupling in net profit to KD47 million ($169.68 million) for the full year ended Sept. 30, the company said in a statement on Monday. Alafco said that its board has app

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Alafco to lease 6 Airbus jets to Thai Airways

Kuwait's Aviation Lease & Finance Co (Alafco) said on Sunday it has agreed to lease six new Airbus aircraft to Thai Airways. Thai Airways will lease the new A350-900 XWB aircraft for 12 years from the date of delivery in 2017, Alafco s

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Kuwait's Alafco in deal to buy 30 A320s

Kuwaiti lessor Alafco Aviation Lease and Finance Company signed an agreement to purchase 30 A320 neo family aircraft, Airbus said at the Paris Air Show on Wednesday. The aircraft are worth $2.7 billion at list prices. Alafco earlier ordere

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Wataniya scraps capital hike plans

Kuwait's luxury air carrier Wataniya Airways, which ceased operations in March, has cancelled plans for a KD15 million ($54.64 million) capital hike, it said on Tuesday. Wataniya Airways, a regional luxury airline that launched in 2009

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Alafco transfers 8 Boeing 787 orders to Saudi

Boeing Co said on Thursday it lost eight orders for 787 Dreamliners in the week that ended November 9 but gained eight after the transfer of orders from one customer to another. Boeing had said Kuwait-based leasing company Alafco had shift

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Alafco to lease seven Boeing aircraft

Kuwait's Aviation Lease and Finance Company (Alafco) said it agreed to lease seven Boeing aircraft to Ethiopian Airlines, China's Okay Airways and Russia's Transaero Airlines. Ethiopian Airlines and Okay Airways will each lease

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