ALAFCO, Saudi Arabian reach long-haul aircraft deal

ALAFCO reached a deal with Saudi Arabian Airlines for the sale and lease of 17 aircraft for delivery from 2009 through 2015, the Arab Air Carriers Org. reported. Agreement comprises the sale of eight 787-9s worth $1.6 billion, the 12-year lease of an additional four -9s and eight-year leases on five...

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