Vedder Price represented Kuwaiti-based ALAFCO Aviation Lease and Finance Company KSC in concluding lease agreements for thirteen (13) Airbus A320 aircraft.
The aircraft are expected to enter service with Allegiant over a period starting in September 2017 and continuing until December 2018. Each lease agreement is for a 12-year term and includes a purchase option for Allegiant.
ALAFCO Aviation Lease and Finance Company K.S.C.P., together with its subsidiaries, provides Sharia-based commercial aircraft leasing products worldwide. The company was founded in 1992 and is headquartered in Kuwait City, Kuwait.
Vedder Price advised with a team including Jordan R. Labkon (Picture) and Milos Kovacevic.
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