ALAFCO

AcronymDefinition
ALAFCOAviation Lease and Finance Company (Kuwait)
References in periodicals archive ?
ALAFCO Aviation Lease and Finance Company has finalized a purchase order for 35 A320neo Family aircraft.
ALAFCO has already ordered a total of 26 A320s, of which 25 have been delivered to date.
In a separate statement to the bourse, ALAFCO said they had not yet received a response from the airline for a proposed settlement.
62bn at list prices, the new purchase builds on an order for 12 787s ALAFCO announced in March 2007.
The airline completed an arrangement with Boeing and Kuwait -based leasing company ALAFCO to transfer existing orders for the six Dreamliners from ALAFCO to Oman Air.
Al-Zabin, Chairman of ALAFCO, said: "We are investing for the future,
62 billion at list prices, the new purchase builds on an order for 12 787s ALAFCO announced in March 2007.
Boeing said that six of the 787s on order from ALAFCO were booked as unidentified on Boeing's Orders & Deliveries website in September 2006.
Qatar Airways will get the first Dreamliner in the middle of next year while other customers for the same aircraft in the region are ALAFCO, Etihad Airways, Iraqi Airways, Gulf Air, Royal Jordanian, and Saudi Arabian Airline.
ALAFCO Opts for 12 Dreamliners and 6 737-800s Valued at $2.
Kuwait-based leasing company ALAFCO and Airbus have signed an agreement for 12 A350-800 aircraft with an option for six more.
Boeing's airline customers in the region include Emirates, Etihad Airways, flydubai, ALAFCO, LCAL, Oman Air, Gulf Air, Dubai Aerospace Enterprise, Saudi Arabian Airlines, Royal Jordanian and RAK Airways.