Finance, Taxes, Insurance
Alafco places six ordered aircraft and will grow fleet using S&Ls
Arab lessor studying Asian opportunities
An Ethiopian Airlines Boeing 737-800 is pictured in Malawi. The carrier is Alafco’s sole African client.
An Ethiopian Airlines Boeing 737-800 is pictured in Malawi. The carrier is Alafco’s sole African client.

Kuwaiti aircraft lessor Aviation Lease and Finance Company (Alafco) intends to grow its existing fleet via sales and leasebacks. It is progressing with negotiations to place the airliners it has on order, its top official told AIN in an interview in Kuwait prior to the Dubai Air Show. “Our scheduled order book deliveries start in 2017 and run through 2021. We have already started negotiations for placing the aircraft,” said Ahmad Al Zabin, Alafco vice-chairman and CEO.