By Reuters

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Kuwait’s Alafco to lease six Airbus jets to Thai Airways

Thai carrier to lease new A350-900 XWB aircraft for 12 years from the date of delivery in 2017

By Reuters
Thai Airways will lease the new A350-900 XWB aircraft for 12 years
Thai Airways will lease the new A350-900 XWB aircraft for 12 years

Kuwait’s Aviation Lease & Finance Co (Alafco) said on Sunday it has agreed to lease six new Airbus aircraft to Thai Airways .

Thai Airways will lease the new A350-900 XWB aircraft for 12 years from the date of delivery in 2017, Alafco said in a statement on Sunday.

The leasing firm said the list price was $1.6 billion. Alafco’s monthly rental charges are 1 percent of the listed prices.

Alafco last month ordered six Airbus wide-body A350-900 aircraft at the Paris Air Show.

Islamic lender Kuwait Finance House and state-owned Kuwait Airways are Alafco’s biggest shareholders.

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