Kuwait City, Oct 4, 2009 – Saudi Arabian Airlines (Saudia), Saudi Arabia’s national airline, took the first step in fleet modernization by taking delivery of its first A320 aircraft from Alafco Aviation Lease and Finance Company (ALAFCO).
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Shannon, Ireland, GE Capital Aviation Services (GECAS) announced the delivery of two new Boeing 737-800s (serial numbers 40233 and 40234) to flydubai Airlines to help the carrier’s fleet expansion. Both planes were delivered in July.
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Manama – National carrier GulfAir has signed a US$70 million facility with Bahrain Islamic Bank (BIsB). An agreement to this effect was concluded between the two organizations recently. This four year medium-term facility will be used to partly finance eight
A320 aircraft, which are expected to delivered in the fourth quarter
2009 and first quarter 2010 Gulf Air has ordered last year..</p>
Dubai, flydubai, Dubai's first low cost airline, has signed a deal to finance four Boeing B737-800 aircraft (worth US$320m list), with GE Capital Aviation Services (GECAS). The sale and leaseback agreement covers the aircraft due to be delivered to flydubai from Boeing in 2009, with two expected in July, one in October and one in December.
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