ALAFCO

(redirected from Aviation Lease and Finance Company)
AcronymDefinition
ALAFCOAviation Lease and Finance Company (Kuwait)
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KUWAIT, July 16 (KUNA) -- Kuwait's ALAFCO Aviation Lease and Finance Company (ALAFCO) has made net profits of KD 16.6 million (about USD 54.7 million) in the first nine month of its FY that started in October 2016, the company said on Sunday.
In an attempt to strengthen its relation with Kuwait along with flying on its path of expansion, Thai Airways is leasing six new Airbus planes from Kuwait's Aviation Lease and Finance Company. This news came after Kuwait s Aviation Lease & Finance Co (Alafco) disclosed the deal on Sunday and said that it has agreed to lease six new Airbus aircraft to Thai Airways.
Chairman and CEO of ALAFCO Aviation Lease And Finance Company, Ahmad A.
Aviation Lease and Finance Company (KSCC), headquartered in Kuwait, is a global aircraft leasing company founded in 1992 by Kuwait Airways Corporation (KAC) and acquired by Kuwait Finance House (KFH) in 2000.
| KUWAIT, July 25 (KUNA) -- Aviation Lease and Finance Company (ALAFCO) Wednesday announced netting KD 22.3 million in profit for the first nine months of 2012 at profit of 28.5 fils per share.
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