Macquarie AirFinance and Boeing announced the lessor’s first direct order for 20 Boeing 737 MAX 8 aircraft. Macquarie already had 20 737 MAX 8s in its order book that it acquired from ALAFCO Aviation and Finance in 2023, doubling…
Kuwaiti lessor ALAFCO will ask for shareholder approval in a special general meeting on December 27 to sell a significant part of its aircraft portfolio to Macquarie AirFinance Group. The transaction, which helps to improve the lessor’s financial position, has been…
Another aircraft lessor has been affected by the impact of the pandemic. Dublin-based lessor AMCK is selling its existing and future aircraft portfolio of 148 aircraft for $4.2 billion to Carlyle Aviation Partners, it announced on December 23. AMCK cites risks…
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…