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ALAFCO Converts A350-800 Order to A350-900

Travel News Asia Latest Travel News Podcasts Videos Thursday, 22 July 2010

ALAFCO, the Kuwait-based international Aviation Lease and Finance Company, has converted its existing firm order for 12 Airbus A350-800’s placed in 2007, into the higher capacity A350-900 model.

The A350-900 is the first of the three members of the A350 XWB family to be introduced, and will enter service in mid 2013.

ALAFCO’s main shareholder is Kuwait Finance House. ALAFCO specialises in Sharia-based commercial aircraft leasing.

“Our customers are seeing rapid recovery in demand. The A350-900 is best suited to meet the needs of our customers in the decades to come. The A350 XWB will be a strong asset in our portfolio,” said Ahmad Al Zabin, ALAFCO’s Chairman and Chief Executive Officer.

The A350 XWB (Xtra Wide-Body) Family is Airbus’ response to Boeing’s 787 Dreamliner and market demand for medium-capacity long-range wide-body aircraft. With a range of up to 8,300 nm / 15,400 km, it is available in three basic passenger versions: the A350-800 accommodating 270 passengers, the A350-900 seating 314 and the A350-1000 for 350 passengers in a typical three-class layout.

See also: HD Videos from Singapore Airshow 2010

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