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 A320-200s. Separately, Saudi Arabian and Singapore Airlines signed a marketing and cooperation MOU under which they will explore codesharing, schedule coordination, loyalty program linkups and ...

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