Alafco in talks to seal $2.2bn deal with Boeing

Kuwait – Mubasher: Aviation Lease and Finance Company (Alafco) has signed a primary contract with Boeing to negotiate purchasing 20 new aircrafts.

The overall value of the airplanes is estimated at $2.2 billion, according to a bourse statement issued on Tuesday.

There is no financial impact from this deal at the current time, Alafco said, adding that the delivery dates will be determined during the negotiations.

Mubasher Contribution Time: 20-Jun-2017 08:50 (GMT)
Mubasher Last Update Time: 20-Jun-2017 08:52 (GMT)