Kuwait – Mubasher: Aviation Lease and Finance Company (Alafco) was awarded a bidding for purchasing four Boeing aircrafts and rerenting them for a total of $1.36 million (about KWD 413,780).
The company expects operating profits which will be listed in the financial statements of fiscal year 2016/2017, according to a bourse filing issued on Sunday.
At the stock level, Alafco opened Sunday’s session 1.67% higher at 305 fils by 10:55 am Kuwait time.
