ALAFCO (Aviation Lease And Finance Company) (Kuwait City), the international aircraft leasing company, has finalized a purchase order for 35 A320neo Family aircraft bringing its total backlog for the type to 85.
The firm contract is an increase of the previous agreement signed at the 2011 Dubai Airshow for 50 A320neo aircraft.
ALAFCO (Aviation Lease and Finance Company) (Kuwait City) has signed an agreement for 30 Airbus A320neo aircraft. The Memorandum of Understanding (MOU) was signed at the 49th Paris Air Show.
ALAFCO already ordered 26 A320s of which 25 have been delivered. Including this order, it shall then take ALAFCO’s total order for Airbus single aisle aircraft to 56.
ALAFCO also signed an agreement for six more Airbus A350 XWB aircraft. This repeat order brings ALAFCO’s total order for the A350-900 to 18 aircraft.
ALAFCO placed its first order for the A350 XWB in 2007 when it ordered 12 A350-800s. these were later upsized to the larger A350-900 in 2010. The A350-900 typically has a capacity of around 40 more seats than the A350-800.
The leasing company is jointly owned by the Kuwait Finance House and Kuwait Airways, the flag carrier of Kuwait.
ALAFCO (Kuwait City) has converted its existing firm order for 12 Airbus A350-800s placed in 2007, into the higher capacity A350 -900 model.
Ethiopian Airlines (Addis Ababa) has acquired its first 160-seat Boeing 737-800. The new airliner is equipped with Blended Winglets. Boeing 737-86R registered ET-ANA (msn 30494) has been leased from ALFAFCO. A second is being negotiated (737-86R, ET-ANB, msn 30495).