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Middle East lessor ALAFCO forecasts record full-year profit


Kuwait’s Aviation Lease and Finance Company (ALAFCO) has announced that it expects record profits for FY2010/11, as it has settled a deal that will allow other parties to pick up some of its aircraft orders with Airbus and Being, netting it one-off gains of USD139 million. [544 words]

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  • ALAFCO leasing revenue (KWD): 2004 to 2010
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