Alafco Aviation Lease and Finance Co. - ALAFCO

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ALAFCO Aviation Lease and Finance Company (ALAFCO), founded in 1992, is a premier global aircraft leasing firm based in Kuwait. Initially established by Kuwait Airways Corporation, it was acquired by Kuwait Finance House in 2000 and listed on the Kuwait Stock Exchange in 2006. ALAFCO leases over 70 aircraft to airlines across 15 countries and has ordered more than 130 new generation aircraft to meet rising demand. The company offers comprehensive lease management services, from identifying marketing opportunities and negotiating lease agreements to preparing aircraft for delivery. ALAFCO employs Islamic Shari'a-compliant financing methods, reflecting its commitment to ethical business practices. Recently, it secured a USD 470 million 5-year unsecured Murabaha facility, highlighting its robust financial capabilities. ALAFCO's management team consists of seasoned professionals with extensive aviation industry experience, ensuring the company remains at the forefront of the market. The company's dedication to innovation, quality, and ethical practices has earned it a trusted reputation in the aircraft leasing industry. ALAFCO's strategic growth and customer-centric approach ensure its continued success and expansion globally. ALAFCO's vision is to position itself among the top-tier aircraft leasing companies in the world. ALAFCO is committed to high standards of corporate governance, ensuring business activities are conducted through a clearly articulated governance framework consistent with principles endorsed by the CMA in Kuwait and internationally recognized best practices. ALAFCO's shareholders, partners, and customers are the main pillars of its success, and the company aims to continue building a reputable image in its pursuit of excellence.