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FINANCIAL NEWS
Kuwait’s ALAFCO orders 35 A320neo aircrafts
15 Feb 2012
(MENAFN) Kuwait’s Aviation Lease And Finance Company (ALAFCO) made a new order consisting of 35 A320neo aircraft from AIrbus, Arabian Business reported.
The new order brings ALAFCO’s total backlog for the A320neo to 85, said the European plane-maker.
Airbus currently has more than 8,300 of A320 family aircrafts on the order and some 5,000 delivered to more than 350 customers and operators worldwide.
ALAFCO in December reported USD169.68 million net profit for the full year ended September 30 from USD38.83 million in 2010.
Alafco’s customer base includes 16 airlines globally, and has currently 48 aircrafts in its portfolio as it took delivery of eight new aircraft last year, the company said.
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