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ALAFCO Says Unit ALAFCO DAC With Ultra Air Signed Lease Agreements For Lease Of 2 A320-200 Aircraft
Kuwait's ALAFCO Q4 Loss Widens
Kuwait's Alafco Signs Secured Syndication Facility Of Upto $75 Mln
ALAFCO Avaiation Lease and Finance Company KSCP, a subsidiary of Kuwait Finance House KSC, is a Kuwait-based company engaged in the business of aircraft leasing and providing of management, marketing and consultancy services to the aviation industry in accordance to the Islamic Sharia principals. The Company’s services are divided into three segments, namely Operating Leasing, Sale and Leasebacks and Aircraft and Aircraft Lease Management. ALAFCO’s portfolio of customers include such companies as Transaero, ChinaEastern Xi Bei, Yemen Airways, Air Europe, Malaysian Airlines, Royal Jordanian, ChinaSouthern Airlines, Turkish Airlines, Wataniya Airways, Go Air, Ethiopian Airlines, Sky Airlines, Saudi Arabian Airlines, China Eastern Airlines Corporation Limited and Olympic Air.
Consumer Financial Services
Al Shuhada Street, Safat
Ahmad Abdullah Abdul Aziz Al Zabin
Independent Non-Executive Chairman of the Board
Adel Ahmad Omran Al Banwan
Chief Executive Officer
Barrak Abdulmohsen Barrak Al Sabeeh
Independent Non-Executive Vice Chairman of the Board
Chief Financial Officer
Imtiaz Abdullah Khot
Senior Vice President - Marketing
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Kuwaiti aircraft leasing company Alafco said on Wednesday it had reached an agreement with Airbus to delay the delivery of aircraft ordered from the planemaker.
Kuwaiti aircraft leasing company Alafco said on Wednesday it has reached an agreement with Airbus <AIR.PA> to delay the delivery of aircraft ordered from the planemaker.
Kuwaiti aircraft leasing company Alafco has halved its order for 40 Boeing 737 jets after reaching an agreement to end its legal claim over a cancelled order for the planes, it said on Tuesday.
Kuwaiti aircraft leasing company Alafco will buy fewer aircraft from Boeing after reaching an agreement to end its legal claim over a cancelled 737 MAX order, it said on Tuesday.
Boeing Co <BA.N> was sued for $336 million on Wednesday by a Kuwaiti leasing company that accused it of wrongly refusing to return advance payments on a now-canceled order for 40 of its troubled 737 MAX planes.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.