Middle East lessor ALAFCO forecasts record full-year profit

Kuwait’s Aviation Lease and Finance Company (ALAFCO) has announced that it expects record profits for FY2010/11, as it has settled a deal that will allow other parties to pick up some of its aircraft orders with Airbus and Being, netting it one-off gains of USD139 million. [544 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD15.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following charts and tables:

• ALAFCO leasing revenue (KWD): 2004 to 2010