DUBAI: Aviation Lease and Finance Company (Alafco), the Kuwaiti aircraft-leasing firm, said Thursday it has swapped its order of ten new model Airbus A320 for the same number of new model A312s.

The contract was signed at the Farnborough Airshow in the United Kingdom, Alafco said in statement, and is part of a deal signed in 2012 for A320neos (new engine option).

The A321 is a larger version of the single aisle A320.