ALAFCO finalises purchase order for 50 A320neo aircraft

ALAFCO, the Kuwait-based international Aviation Lease and Finance company, has finalised a purchase order for 50 A320neo aircraft and took options for 30 more to be finalised by year end.

The firm contract, signed at the 2011 Dubai Airshow, is an increase of the initial agreement made at the Paris Le Bourget Airshow for 30 A320neo aircraft which are now confirmed.