Mubasher: Aviation Lease and Finance (Alafco) has delivered four airplanes to Kuwait Airways as part of a tender won on 22 June.
The four airplanes of Boeing B777-300ER are worth $1.36 billion ($413.7 million), according to a bourse filing issued on Wednesday.
The financial impact from this deal will be registered in the income statements of fiscal year 2016/2017 and until the end of the leasing period in 2029.
