Aviation Lease and Finance Company
Activities:
ALAFCO – Aviation Lease and Finance Company KSCC, headquartered in Kuwait, is a global aircraft leasing company. The company was founded in 1992 by Kuwait Airways Corporation (KAC) and acquired by KFH in 1999. ALAFCO’s registration was changed from Bermuda to Kuwait and it was converted to a Sharia compliant aircraft leasing company in 2000. ALAFCO’s main activities are: aircraft operating leases, sale and leaseback of aircraft and aircraft lease management.
In 2006, ALAFCO was listed on the Kuwait Stock Exchange. Today, 53% of ALAFCO is owned by KFH, 11.5% is owned by Kuwait Airways Corporation (KAC) and the remainder is held by private investors.
Ties to the West:
The company’s customers mentioned in its website include: Olympic Air (Greece), Ukraine International Airlines, Turkish Airlines, Go Air (India), Royal Jordanian, Saudi Arabian Airlines.
Connected With:
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