LAFCO Aviation Lease and Finance Company Selects GEnx Engine for its Boeing 787 Fleet
March 12, 2007 -- KUWAIT CITY, KUWAIT -- ALAFCO Aviation Lease and Finance Company (KSCC) has chosen the GEnx engine to power its 12 Boeing 787 Dreamliner with purchase rights to buy an additional six aircraft. The firm engine order is valued at more than $530 million (USD).
"ALAFCO is pleased to announce the selection of the GEnx engine to power its new ordered B787-8 aircraft," said Mr. Ahmad A. Alzabin, ALAFCO chairman. "We at ALAFCO are very excited about this new engine and are confident that the GEnx will be another successful aircraft engine from the General Electric Company. The airlines that will lease aircraft from ALAFCO will benefit from the fuel savings and high reliability of this powerplant. GE is a reputable engine manufacturer that provides excellent product support which will make our B787 aircraft more desirable to airlines."
Note to PM: I'm not doing this to be intentionally cruel!