ALAFCO Leases Six B787 Dreamliner Aircraft to Oman Air

ALAFCO Aviation Lease And Finance Company and Oman Air have signed a memorandum of understanding for the lease of six (6) Boeing B787 Dreamliner aircraft for a term of twelve years.  Oman Air would be the first airline in the Gulf region to lease the Dreamliner aircraft which are expected to be delivered to the carrier in 2012, 2014 and 2015. 

  

“We are pleased to provide these modern aircraft to Oman Air and be a part of their overall fleet development and growth plans”, said Mr. Ahmad A. Alzabin―Chairman and CEO of ALAFCO.  “Oman Air is the second Gulf airline and fourth Middle Eastern airline to lease aircraft from ALAFCO.  The new technology B787 Dreamliner will enable Oman Air to expand its route network and provide excellent operating efficiencies and cost savings.” 

  

After a comprehensive market study and review of the aircraft, ALAFCO became the first aircraft leasing company in the Middle East to purchase the Boeing 787 Dreamliner.  ALAFCO has on order narrow body and wide body aircraft from both Boeing and Airbus, and is in a good position to offer various fleet development solutions to regional and global airlines.  

  

ALAFCO is a Shariah based aircraft leasing company headquartered in Kuwait.  It owns and manages twenty seven (27) aircraft that are on lease to fifteen (15) airlines.

 

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