Kuwait-Mubasher: Aviation Lease and Finance (Alafco) said it has signed a leasing contract with a Greek airlines company to purchase two aircrafts for $196 million, according to a statement sent to Mubasher.
Alafco also announced the signing of a sale agreement with Britain’s Jet2.com airline for the sale of two Boeing B737-800 aircraft, previously leased to Russia’s Transaero Airlines, added the statement.
“Alafco had invested in the two aircraft since 2004, and had generated a return of 14.7%,” noted the statement.
