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ALAFCO Aviation Lease and Finance Company

Date of becoming Industry Partner in AACO: 2003

ALAFCO Aviation Lease and Finance Company, headquartered in Kuwait, is a global aircraft leasing company with more than two decades of industry experience. ALAFCO’s current portfolio consists of 80 Airbus and Boeing aircraft – comprising of A320, B737, A350 and B777 aircraft – leased to 24 airlines in 17 countries across the world. ALAFCO's main activities include aircraft operating leases, sale and leaseback transactions and aircraft lease management services.
 
The company has 71 aircraft on direct order with Airbus and Boeing. The order book includes 41 A320neo, 10 A321neo and 20 B737-8MAX aircraft. The delivery of the ordered aircraft are expected to be completed during the coming years.

ALAFCO has a strong track record of working closely with several AACO members and partners, these include, Kuwait Airways, Saudia, Royal Jordanian, Yemen Airways and Turkish Airlines. The company values the role AACO plays in the region and looks forward to adding more members to its client list.

ALAFCO has been listed on the Kuwait Stock Exchange since 2006.

Regional Main Contact

Name: Eng. Ali ALKulaib
Position: Vice President Engineering
Telephone: +965-22402207
Fax: +965-22405225
Website: www.alafco.com
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