Latest ALAFCO Stories

KUWAIT, Nov. 4, 2012 /PRNewswire/ -- Boeing (NYSE: BA) and Kuwait airplane leasing company ALAFCO finalized an order for 20 Boeing 737 MAX 8s valued at $2.0 billion at current list price. The order was first announced as a commitment at the Farnborough Airshow in July. "This is the first order for the 737 MAX from the Middle East, which is one of the aviation industry's highest growth regions," said Ray Conner, president and CEO of Boeing Commercial Airplanes. "We are proud of the...

FARNBOROUGH, United Kingdom, July 12, 2012 /PRNewswire/ -- Boeing's (NYSE: BA) new aircraft and innovative technologies attracted customers, partners, government officials and media at the 2012 Farnborough International Airshow. The show saw the first flying display of the innovative 787 Dreamliner in Qatar Airways livery and the new Enduring Awareness Pavilion, a display of advanced command, control, communication, computer, intelligence, surveillance and reconnaissance (C4ISR)...

FARNBOROUGH, United Kingdom, July 10, 2012 /PRNewswire/ -- Boeing (NYSE: BA) and Kuwait airplane leasing company ALAFCO today announced a commitment at the 2012 Farnborough Airshow for 20 Boeing 737 MAX 8s valued at $1.9 billion at current list prices. Boeing looks forward to finalizing the agreement, at which time the order will be posted to the Boeing Orders & Deliveries website. The signing ceremony was attended by ALAFCO's chairman and CEO Mr. Ahmad Alzabin and Ray...

DUBAI, United Arab Emirates, Nov. 15, 2011 /PRNewswire/ -- DUBAI AIR SHOW -- Alafco Aviation Lease and Finance Co. KSCC (ALAFCO) selected Pratt & Whitney PurePower PW1100G-JM engines to power its order of 50 firm A320neo family aircraft. Deliveries are scheduled to start in 2017. Pratt & Whitney is a division of United Technologies Corp. (NYSE: UTX). "ALAFCO is committed to offering the best aircraft options to its valued customers," said ALAFCO Chairman and CEO Ahmad A. Alzabin....

DUBAI, United Arab Emirates, Nov. 14, 2011 /PRNewswire/ -- Boeing (NYSE: BA) and Oman Air, Sultanate of Oman's flagship carrier, today announced an order for six Boeing 787-8s at the Dubai Airshow. 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. "Our decision to order the 787-8 is part of Oman Air's long-term growth strategy to expand and modernize our fleet with newer, more...

NEW YORK, Nov. 20 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue. Aircraft Leasing - A World Market Intelligence Report http://www.reportlinker.com/p0164580/Aircraft-Leasing---A-World-Market-Intelligence-Report.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=prnewswire Losses to the airlines industry can sometimes mean gains to the aircraft leasing industry, as airlines seek to hold up their balance sheets by...

NEW YORK, Sept. 10 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue. World Aircraft Leasing Market http://www.reportlinker.com/p0109891/World-Aircraft-Leasing-Market.html This report analyzes the worldwide markets for Aircraft Leasing in US$ Billion. The report analyzes the Aircraft Leasing market by the following types (in terms of Leased Asset Portfolio): Commercial Jets, Regional Jets, and Business Jets. The report provides...

Alafco Aviation Lease and Finance Company announced the signing of an agreement for the lease of 8 Airbus A320-200 aircraft to Jeddah based Saudi Arabian Airlines. The lease term shall be for a period 8 years, and this transaction is the second major deal between the two companies during the past few months. By concluding this deal, the total number of Airbus and Boeing aircraft Alafco has agreed to provide to Saudi Arabian Airlines has reached 25; 17 aircraft shall be leased and 8 aircraft...

Saudi Arabian Airlines and Kuwait based Alafco Aviation Lease and Finance Company announced their agreement for the sale and lease of 17 Boeing and Airbus aircraft to Saudi Arabian Airlines to be delivered during the period from 2009 until 2015. The Chairman & Chief Executive Officer of Alafco Aviation Lease and Finance Company Mr. Ahmad Abdullah Alzabin stated that the agreement includes the sale of 8 Boeing Dreamliner B787-9 aircraft with the total value of US$ 1.6 billion, at list prices,...