Alafco Aviation Lease and Finance Company K.S.C.P. Reports Earnings Results for the First Quarter Ended December 31, 2020

ALAFCO Avaiation Lease and Finance Company KSCP, a subsidiary of Kuwait Finance House KSC, is a Kuwait-based company engaged in the business of aircraft leasing and providing of management, marketing and consultancy services to the aviation industry in accordance to the Islamic Sharia principals. The Company’s services are divided into three segments, namely Operating Leasing, Sale and Leasebacks and Aircraft and Aircraft Lease Management. ALAFCO’s portfolio of customers include such companies as Transaero, ChinaEastern Xi Bei, Yemen Airways, Air Europe, Malaysian Airlines, Royal Jordanian, ChinaSouthern Airlines, Turkish Airlines, Wataniya Airways, Go Air, Ethiopian Airlines, Sky Airlines, Saudi Arabian Airlines, China Eastern Airlines Corporation Limited and Olympic Air.