Private company
ALAFCO
Aircraft-leasing company
ALAFCO (Aviation Lease and Finance Company) is a Kuwaiti aircraft-leasing company founded in Kuwait City in 1992. It is jointly owned by the Kuwait Finance House, Gulf Investment Corporation and Kuwait Airways. Its lease terms are Islamic economical jurisprudence-compliant.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- Industryfinancial services1
- Websitewww.alafco-kw.com
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ALAFCO (Aviation Lease and Finance Company) is a Kuwaiti aircraft-leasing company founded in Kuwait City in 1992. It is jointly owned by the Kuwait Finance House, Gulf Investment Corporation and Kuwait Airways. Its lease terms are Islamic economical jurisprudence-compliant.2
Products and brands
- aircraft lease
Listed on Wikidata.1
In October 2006, ALAFCO was planning to increase its fleet to 80 aircraft by 2015, up from the current 18. After growing from 26 to 40 in 2010, Its fleet was reported as 70 aircraft in January 2020.
In April 2020, ALAFCO sued Boeing for $336 million in Chicago federal court, accusing it of refusing to return advance payments on an order of 737 MAX planes (which were grounded worldwide) which it had cancelled the previous month. It later withdrew the suit, agreeing to order 20 instead of the planned 40.
From Wikipedia’s article on ALAFCO, shared under CC BY-SA 4.0.3
Links
- Websitewww.alafco-kw.com1
- X (Twitter)x.com/alafco1
- WikipediaALAFCO
- WikidataQ256310
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataALAFCO on Wikidata
- 2WikipediaALAFCO on Wikipedia
- 3WikipediaALAFCO on Wikipedia (revision used)
- 4Wikimedia CommonsALAFCO photo by 湯小沅, CC0