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
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.
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
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
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
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
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
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
Kuwait Finance House (KFH), which owns an aircraft leasing business, on Wednesday said it has leased three Airbus A320s to Turkish Airlines.
Kuwait's largest Islamic lender said in a statement that its subsidiary, Aviation Lease and Fi
Kuwait's Aviation Lease and Finance Company (Alafco) posted a 53.8 per cent rise in the first quarter of its fiscal year.
The firm's net profit in the three months to December 31 came in at KD2.23 million ($7.79 million), up from K