Alafco inks deal to sell Thai Airways airplanes

Mubasher: Aviation Lease and Finance (Alafco) has signed a final contract to sell six airplanes included in leasing contracts with Thai Airways.

Alafco clarified that the financial impact from selling these aircraft will be a revenue of $163 million per each airplane, according to a bourse statement issued on Sunday.

The revenues will be equally divided to be registered in the financial statements of both 2017 and 2018, Alafco noted.

 

Mubasher Contribution Time: 16-Jul-2017 10:38 (GMT)
Mubasher Last Update Time: 16-Jul-2017 10:38 (GMT)