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FINANCIAL NEWS
Kuwait’s ALAFCO logs USD52.8m gross profit in FY/2015
26 Oct 2015
(MENAFN) ALAFCO, the Kuwaiti Aviation Lease and Finance Company posted a net profit of USD52.8 million for its latest fiscal year.
The firm’s overall properties totaled to USD704 million, plus the company’s earnings were in line with its plans and strategy.
In more detail, ALAFCO’s leased aircraft portfolio consists of 53 aircraft, of which 50 are owned and 3 are managed for investors.
The firm will expand its portfolio to 100 aircraft by 2020 and has ordered 117 new aircraft from Boeing and Airbus valued at USD14.9 billion.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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