ALAFCO to lease five A320neos to SAS

Editor -

Kuwait's ALAFCO, aka Aviation Lease and Finance Company, signed an agreement with SAS Scandinavian Airlines for the lease of five new A320neos.

The new aircraft will be leased for 10 years, with the first A320neo scheduled to be delivered in April 2019.

ALAFCO's outstanding orderbook comprises 87 new aircraft, 43 A320neo, 10 A321neo and 34 B737 MAX, delivering between 2018 and 2023.