These high technology equipped aircraft will be operated by highly qualified and trained crew members and maintained by an equally experienced high caliber team of saudi engineers and technicians.
The 1st aircraft delivery is expected …Read full article » Saudi Arabia: Wednesday, June 04 - 2008 @ 15:39
Earnings per share amounted to Fils 6.52 i.e. an increase of 40%.
He also stated that the realized profits are compatible with the set plans and reflects the growth of activities and business of ALAFCO …Read full article » Kuwait: Monday, April 28 - 2008 @ 13:10
The earnings per share rose 10% to Fils 15.35. The total assets grew 6% to K.D260.9m and shareholders equity increased 3% over last year. The Board of Directors recommended the distribution of 5% as bonus …Read full article » Kuwait: Thursday, November 06 - 2008 @ 10:26
Chairman & CEO, Ahmad A. Alzabin, stated to the press after a meeting of the Board of Directors that the profits resulted from the expansion in the regional and international markets, in addition to the …Read full article » Kuwait: Thursday, October 27 - 2011 @ 17:14
The Board of Directors recommended the distribution of cash dividend of Fils 5 per share, subject to approval by the general assembly of the company.
Company Chairman & CEO, Ahmad A. Alzabin, stated to the press …Read full article » Kuwait: Monday, December 03 - 2012 @ 15:04
The break down is seven Airbus A320-200 and two Boeing B737-900ER aircraft of which two A320-200 aircraft were delivered to Kuwait national carrier Wataniya Airways, two A320-200 aircraft were delivered to Indian low cost carrier …Read full article » Kuwait: Wednesday, July 01 - 2009 @ 12:07
The lease term shall be for a period 8 years, and this transaction is the second major deal between the two companies during the past few months.
By concluding this deal, the total number of …Read full article » Saudi Arabia: Saturday, August 16 - 2008 @ 14:58
The transaction is valued at $325m at list prices.
Rubban plans to operate these aircraft through its subsidiaries in the Kingdom of Saudi Arabia and the Republic of Bangladesh.
The Chairman and Managing Director of …Read full article » Kuwait: Sunday, May 25 - 2008 @ 15:09
In a press statement issued after the board meeting, company Chairman and CEO, Mr. Ahmad A. Alzabin, said the net profit is 7% less compared to same period last year. However, Alafco continues to deliver …Read full article » Kuwait: Sunday, July 18 - 2010 @ 15:07
Company Chairman, Mr. Ahmad A. Alzabin, highlighted that the net profit for the first half included non-recurring operating income resulting from the adjustment of some purchase agreements with aircraft manufacturers.
In terms of operating …Read full article » Kuwait: Saturday, April 27 - 2013 @ 08:59