Alafco to lease 6 Airbus jets to Thai Airways
Kuwait, July 3, 2011
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 said in a statement on Sunday.
The leasing firm said the list price was $1.6 billion.
Alafco's monthly rental charges are 1 percent of the listed prices.
Alafco last month ordered six Airbus wide-body A350-900 aircraft at the Paris Air Show.
Islamic lender Kuwait Finance House and state-owned Kuwait Airways are Alafco's biggest shareholders. - Reuters