Saudi Airlines To Lease, Buy Airbus, Boeing Aircraft

Kuwaiti leasing company Aviation Lease and Finance Co. (Alafco) has closed a deal with Saudi Arabian Airlines for the sale and lease of 17 Airbus and Boeing narrow- and wide-body aircraft. As part of the deal, Saudi Arabian will buy eight Boeing 787-9s, with delivery slated for 2014-15—a portion of...

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