ALAFCOAviation Lease and Finance Company (Kuwait)
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Kuwait-based ALAFCO, a global provider of commercial aircraft leasing products, now has 40 737 MAXs on order.
Alzabin said ALAFCO is very proud to have Garuda as a new customer.
ALAFCO previously ordered six 737-800s in March 2007, with the last delivery in July 2011.
Oman Air did not indicate when it expects the first 787 to be delivered, but the original order from ALAFCO suggested that this would take place in 2014.
We are proud of the confidence that ALAFCO has placed in the 737 MAX, and hope to continue this partnership in the future.
GECAS, ALAFCO and Avolon announced orders and commitments at the show for 220 737 family airplanes.
After a full analysis, we concluded that the A320neo will continue to be in strong demand,' said ALAFCO chairman and chief executive Ahmad Alzabin in a statement.
There was outstanding demand for the A320neo, and Qatar Airways made the single largest firm order (50 A320neo and five A380s), while there were also contracts signed with ALAFCO (50) and ACG (30) worth a combined pounds 5billion.
Under the order, financial details of which were not available, each ALAFCO Airbus A320neo family aircraft will be powered by two PurePower PW1100G-JM engines with benefits including double-digit reductions in fuel burn, environmental emissions, engine noise and operating costs when compared with today's engines, the company said.
Summary: Chairman and CEO of ALAFCO Aviation Lease And Finance Company, Ahmad A.
Focus on Major Global Players II-65 International Lease Finance Corporation (USA) II-65 GE Commercial Aviation Service (USA) II-65 CIT Aerospace (USA) II-65 RBS Aviation Capital (Ireland) II-66 Babcock & Brown Aircraft Management LLC (Australia) II-66 Ansett Worldwide Aviation Services - AWAS (Ireland) II-66 Aviation Capital Group Corp (USA) II-67 Boeing Capital Corporation (USA) II-67 AerCap Group (Netherlands) II-68 MacQuarie Aircraft Leasing Services (USA) II-68 BOC Aviation Pte Ltd (Singapore) II-68 ALAFCO Aviation Lease and Finance Company KSCC (Kuwait) II-69 BAE Systems Plc (UK) II-69 BCI Aircraft Leasing, Inc (USA) II-70 SAAB Aircraft Leasing (USA) II-70
KUWAIT, July 16 (KUNA) -- Kuwait's ALAFCO Aviation Lease and Finance Company (ALAFCO) has made net profits of KD 16.