The Covid-crisis has forced Kuwaiti lessor ALAFCO to enter rent deferral agreements with eight of its 23 customer airlines, it says in its recently published report on FY21. Lease revenues were down by thirteen percent to KD 15.5 million and pushed…
Air India took delivery of its first of 14 A320neos leased from Kuwait-based ALAFCO. Air India is the first CFM powered A320neo operator in India. This delivery is the first A320neo for ALAFCO from an order for 85. The A320neo…
The huge backlogs Airbus and Boeing have for single aisle aircraft are well known. Both firms have backlogs of about seven years at current production levels. Both firms are talking about and planning to increase their production rates to bring…
This show follows the usual pattern – orders get announced for maximum media coverage. And the orders are big. Boeing started with a massive order – it’s biggest ever – Lion Air of Indonesia finalized a firm order for 201…