raybert productions was a production company that operated in the 1960s , founded by bob rafelson and bert schneider .

its principal works were the wildly successful situation comedy the monkees ( and the group of the same name ) , and the 1969 movie easy rider ( co-produced with peter fonda 's pando company ) .

raybert was also the predecessor to bbs productions , a new hollywood production company founded by rafelson , schneider , and schneider ’s childhood friend stephen blauner .

bbs productions ' best known film is the last picture show .

raybert productions

television series not to be produced by raybert productions ; ward sylvester assumed the producing reins for the first time .
was labeled as pretentious by some but ultimately became a cult favourite . raybert productions’ status in the film industry took a
television series raybert productions saw to compleetion . notice in these segments the boys ' ill feelings about being saddled with the same old monkee scripts , which was an unfortunate reality ( hence their decision to halt the series ) .
raybert showed the pilot to nbc’s programming chief mort werner . “i don’t know what the hell we’ve just seen , ” he exclaimed , “but i think we should put it on the air . ”
the two men formed raybert productions and began developing their series . at first , they wanted to hire an established band , such as herman’s hermits , but decided they didn’t want to deal with record company contracts . but through the magic of tv , the band didn’t even need to be musicians—they wouldn’t really be playing the instruments ; they only had to look convincing . acting experience wouldn’t be necessary , either .
the bbs production company , an evolution of raybert productions , was the brainchild of bob rafelson , bert schneider , and steve blauner ( b - b - s , get it ? ) fueled by the financial success of the monkees , a rock group the production company had engineered , they had freedom and resources to do movies the way they wanted to do them . and they produced a small cluster of films that changed the face of hollywood .
instead of supervisor ( which was handled here by ed forsyth ) , fred j . brown provided the sound effects ( before raybert enlisted the services of edit - rite , inc . ) , and seymour friedman was production supervisor ( a position he also held for other screen gems sitcoms as
bbs productions ( its name derived from the initials of their first names ) , which entered into a production agreement with columbia under which bbs would be given complete creative control of the films it made for the studio provided that the budget of each of those films did not exceed $ 1 million .
raybert had their four musicians , but they were lacking one important detail—a name for the band . some possibilities tossed around : the creeps , the turtles , and the inevitables . then schneider suggested taking a cue from how the beatles had misspelled “beetles , ” and he turned “monkeys” into monkees .
back the late 60 ' s & early 70 ' s , hollywood was in decline , with attendance rates decreasing & more big budget films were flopping . to remedy this , more daring & edgy films were made , with rebellious characters , influences from foreign cinema ( particularly the french new wave of the early 60 ' s ) and more true grit than a handful of john waynes , in order to capture the mood and angst of young people in the era . one of the forerunners of this was bbs productions ( aka raybert productions in their early stages ) who made many films of this sort , many of which are seen as all time classics of american cinema , whose influence can still be felt to this day . to celebrate this wonderful era of cinema , i ' m going to rank their film ' s from best to worst . let me know what you think in the comments .
television production also provided lessons in haphazard filming techniques , as was the case with raybert productions during the production of the monkees ( nbc , 1966 - 68 ) , a satirical television show depicting the fictitious adventures of the popular rock group . the monkees was filmed using speedy and parsimonious production methods , where rudiments such as background lighting were sacrificed to enable the number of set - ups to reach a daily average of 78 to 100 per episode . not only did these financial constraints teach film - makers to budget efficiently , they also provided an insouciant atmosphere enabling new talents to try their hands at various crafts .
rafelson and schneider were both thirty - five , well connected , and already riding the youth wave , albeit in television . the pair had invented the hugely popular , emmy award–winning made - for - tv band the monkees , and their outfit , raybert , was set to perpetrate the ultimate goof , a monkees vehicle that would eventually be called head .
easy rider provided both the means and a road map for subsequent schneider - rafelson productions . they had trumped hollywood and could exult in their freedom . using their profits from the monkees , schneider and rafelson had put up the roughly $ 350 , 000 to finance easy rider , with columbia pictures releasing , as it had with head . shortly before easy rider opened in july 1969 , blauner joined the firm to handle distribution , and raybert became bbs . in the wake of easy rider ’s considerable success , bbs negotiated a six - picture deal with columbia ; bbs bought the right of final cut with the stipulation that the partners would cover all costs over a million dollars per picture , and bbs would split the net with columbia fifty - fifty .
( hd , 50 minutes ) this is footage from a discussion held at the american film institute on may 19th , 1976 . already the legend of the bbs productions was holding sway and while some of the stories are compelling , you can hear them elsewhere on this disc and in much better quality . as a time capsule this is invaluable but otherwise you can pretty easily breeze past it .
word spread around the l . a . music scene , and 437 “folk & roll musicians” and “insane boys” showed up to audition . after a three - month process in which the leading candidates were called back several times to perform in various groupings to see who had chemistry together , raybert ended up with two professional actors and two professional musicians—all of whom could sing and all of whom were funny .
he did three films with the actor and was the namesake for his character in ' chinatown . ' . . . he was 81 . gittes died saturday of natural causes in los angeles , publicist seth horowitz reported . . . gittes landed a job with bbs productions , co - founded by bob rafelson and bert schneider , and co - produced drive , he said ( 1971 ) , directed and co - written by nicholson . . . private eye j . j . . . .
rafelson and schneider loved the pilot , but test audiences hated it . tork explained why : “when the audience didn’t know who these kids were , the obnoxiousness was overpowering . they were like , ‘what are these brats doing ? ’” but instead of making the monkees more polite , raybert simply showed the pilot again—this time with early screen tests from jones and nesmith tacked on at the end . that did the trick : “it gave the next audience enough identification with the kids that they forgave them for being obnoxious . ”
episode in its second season to feature a tag interview segment . this particular one was filmed at the fred niles studios during the musical number filming sessions on the
rainbow
set ; according to the clipboard with which peter accidentally hurts his finger , it was the 34th scene of the first take with track 35 , production # 5338 , filmed on august 2 , 1967 , directed by bob rafelson and filmed by mr . whitehead , produced by fan productions , inc . it was one of only 3 episodes this season to feature interview segments ; the others are no . 48 ,
early names for the band include
the creeps ,
the impossibles
( later used by hanna - barbera for a cbs saturday morning series debuting in 1966 ) ,
the turtles
( already used ! ) , and
the inevitables .
raybert finally settled upon the correctly - titled
the monkeys ,
until they dropped the
y
in the name and substituted it with a second
e
( noting an impressive spate of rock combos with misspelled names [ the beatles , the byrds , the cyrkle , etc . ] ) , and thus and therefore ,
( hd , 47 minutes ) this documentary , also completed in 2009 , features interviews will all of the principles of the bbs productions as well as assorted film critics ( and richard schickel ) , who discuss what a powerful cinematic force the wave of bbs movies really was . you take away two things from this documentary , primarily ( or at least i did ) – what an astounding cultural impact the movies had and how brief this period was . six films . that’s it . and it changed the face of cinema , for a while at least . how many production companies can you say have even attempted something like that ? genius .
' five easy pieces ' is also dynamite – one of the more straightforward looking , at least of the bbs productions ( it lacks the hazy dreaminess of , say , ' head ' or ' a safe place ' ) . that straightforwardness is evident here and things look very striking and real , without any digital tinkering or glitchy technical issues of any kind . booklet ( clearly a lot of work went into this ! ) :
supervised by director of photography laszlo kovacs , this new high - definition digital transfer was created in 4k resolution on a northlight 2 scanner from the original camera negative and the black - and - white separation masters .
the monkees as a band , however , remained intact . in the summer of 1968 , raybert began filming a monkees feature film conceived of by their friend jack nicholson while he was tripping on lsd . head was a stream - of - consciousness , psychedelic diatribe against hollywood—tv in particular . it began with the monkees chanting , not singing , a parody of their theme song : “hey , hey , we are the monkees , you know we love to please / a manufactured image , with no philosophies . ” it only got weirder from there—and it confused its teeny - bopper audience . the film was panned and made only a fraction of its budget , squashing any plans for a sequel .
the plot of the pilot : the band’s upcoming gig at a fancy country club is in jeopardy when the sweet - 16 birthday girl falls for davy , and her stuffed shirt of a father doesn’t approve . the four stars—even dolenz and jones , who’d done some tv—were overwhelmed by the complexities of the shoot . raybert wanted a fast show , so they brought in tv commercial production teams , who filmed the stars riding on motorized skateboards , running amok through hotels , and doing other silly things . the monkees themselves were quite lost ; the show , they were told , would be crafted later in the editing booth . “the narrative of the shows was never that important , ” recalls nesmith . “what was important was a kind of kinetic energy . ”
the late george furth , notable for composing such stage productions as company ( 4 / 26 / 1970 - 1 / 1 / 1972 ) and twigs ( 11 / 14 / 1971 - 1 / 3 / 1972 ; 1 / 5 / 1972 - 7 / 23 / 1972 ) , reappears on this series as swindling nephew henry weatherspoon in episode no . 43 ,
a coffin too frequent .
furth previously turned up with robert strauss ( “alias micky dolenz” ) in a march 11 , 1966 episode of honey west ( abc , 1965 - 66 ) ,
pop goes the easel ,
and later appeared in an october 27 , 1975 episode of all in the family ( cbs , 1971 - 79 ) ,
mike faces life ,
with another monkee guest alum diane shalet (
fairy tale
) . furth passed away august 12 , 2008 at age 75 .
, test screenings , filming guns in washington d . c . and the trump administration
back to one podcast : keith poulson on developing as an actor in the ny indie film scene .
click here to read our summer 2018 issue , featuring interviews with madeline ' s madeline director josephine decker , david leitner on the new cameras of 2018 , our overview of film schools and more . . .
while the supplementary features on criterion’s bbs set are a bit of a mixed bag in their collection of old and new interviews and commentary tracks , some assembled with criterion’s typical precision and some clearly compiled outside of their care , there is very little to quibble about here . the presentations of the seven films are superb , and while the merits of the individual movies will obviously vary with each viewer’s personal opinion , this remains an essential chapter in american film history , and criterion has presented it here with sufficient context for newcomers , as well as detailed insights and extra material that should please even those who have already acquired these films in various formats throughout the years . i don’t know whether it was an individual at criterion collection or sony who coined the title “america lost and found” for this release , but it’s quite appropriate for many reasons . one can’t help but reflect that , as a production company , bbs reintroduced american cinema to a generation that had come to feel that the films being made no longer accurately represented their reality as people living in this country at that time . and if roger ebert’s dismissal of today’s younger generation of moviegoers is to be accepted at face value , then perhaps american cinema — whether mainstream or independent – has lost its ability to connect with the real concerns and feelings of its intended audience yet again . but if the enthusiasm some of these people have demonstrated towards films made during the revolutionary bbs era — before they were even born – are any indication , then perhaps it’s time for another cinematic insurgency . america lost and found , indeed .
hat we need are good old american—and that’s not to be confused with european—art films . ” so declared the then twenty - nine - year - old beatnik method actor dennis hopper in an unpublished 1965 manifesto . “the whole damn country’s one big real place to utilize and film , and god’s a great gaffer ! ”
less than three years later , hopper was himself out in america , shooting a biker art film provisionally titled the losers . american international pictures , the home of fast , cheap , insouciantly exploitative horror , beach party , biker , and now crazy hippie flicks , had nixed the notion of a “modern” western in which a pair of motorcycle dudes make a major dope score , then ride cross - country to retire on a florida orange farm , only to be shot down—bang , like in the war—by a couple of redneck poachers . but then hopper and his partner , twenty - eight - year - old aip youth star peter fonda , secured the backing of hollywood’s hippest producers , bob rafelson and bert schneider .
schneider would produce , and rafelson would direct , from a script he wrote with another hollywood hipster , b - movie actor jack nicholson , thirty . their screenplay would be even more free - associative than the hit lsd adventure nicholson had recently written for aip , the trip ( 1967 ) —directed by roger corman and featuring fonda in the lead , with hopper playing a demonic sunset boulevard acid guru . nicholson was reunited with fonda and hopper when schneider assigned him to keep an eye on easy rider ( as the losers was renamed by scriptwriter terry southern ) .
over the next half dozen years , this group would create six more features that , in their engagement with the present moment , determination to break free of the movie - industry establishment , commitment to new forms of naturalism , and reckless , movie - intoxicated ambition , embodied the spirit of a new hollywood . something was happening , and they thought they knew what it was . . . pop music , pop alienation , a yearning for roots , the last frontier , casual sex , sudden death , crazy kids , vietnam .
bbs movies , although not always hits , were never less than events , engaging both audiences and a new generation of passionate critics . the discourse—as articulated by serious cinephiles like pauline kael and andrew sarris , as well as their younger colleagues around the country—was essentially about freedom . what were movies now , what could they be ? where was america going , where should it go ? some bbs protagonists felt liberated from the old constraints ; others struggled to achieve that state . it was beautiful , as peter fonda’s captain america recognized in easy rider , and yet impossible .
each bbs production celebrated the triumph of its own coming into existence—a triumph , in part , because the movies were themselves so excitingly downbeat , not least in their opposition to hollywood at that time . indeed , in film after film , bbs protagonists would go down to defeat . casualties of the not altogether understood “cultural revolution” happening around them , these characters typically carried the seeds of their own destruction—as did bbs itself , along with the counterculture with which its filmmakers identified .
in early ’68 , however , anything seemed possible . schneider and rafelson were itching to join the party when head and easy rider both went into production , in mid - february . and whether or not god was a - gaffing , america had never been crazier . as embodied by faye dunaway and warren beatty ( and rendered by robert rauschenberg ) , the righteous outlaws bonnie and clyde made the cover of time magazine just as 1967 ended and american casualties in the now three - year - long war in vietnam surpassed those suffered in korea . the vietcong launched their tet offensive , and america’s most trusted tv newsman , walter cronkite , returned from nam to declare the war a “stalemate . ” b - 52s pounded the hills around the marine base at khe sanh , seeking to bury the vc under more explosives than had ever been dropped in the history of mankind .
outsiders were in : antiwar senator eugene mccarthy nearly won the new hampshire primary , and president lyndon johnson declared that he would not run for reelection . martyrs proliferated : martin luther king jr . was assassinated in april , and two months later , so was peace candidate senator robert f . kennedy . sam peckinpah had gone to mexico to shoot the wild bunch ; aip’s current release , wild in the streets , had a fascist rock star taking over the country . the hippie musical hair opened on broadway—as did john wayne’s ode to the war the green berets . sds militants occupied columbia university and french students battled the cops in paris , while sympathetic filmmakers shut down the cannes film festival .
rafelson edited his footage for head and hopper struggled with his for easy rider as russian tanks rumbled into prague and the democratic convention erupted into police - state madness in chicago . a survey published that fall in fortune magazine found a million kids identifying themselves with the new left , but twentieth century fox studio boss darryl f . zanuck didn’t need a weatherman to know which way the wind was blowing : fox was making a che guevara biopic with a budget that dwarfed the cost of the actual cuban revolution . electoral chaos loomed . thanks to alabama governor george wallace’s third - party challenge , the presidential election seemed headed for the house of representatives . . .
hopper was still pondering his footage when richard nixon was elected president . one day later , after plastering new york with enigmatic posters , rafelson and schneider opened head .
as a hard day’s night ( 1964 ) had done for the infinitely more talented beatles , head provided an opportunity for the monkees—micky dolenz , davy jones , michael nesmith , peter tork—to cavort , caper , cutely sulk , and occasionally perform , with more than a bit of ironic self - awareness , for screaming mobs of fourteen - year - old fans . head was more fragmentary and surreal than its ostensive model , however , and was blatantly deflationary . the monkees were scarcely more than a textual effect in a nonstop barrage of wacky sight gags and pop culture references .
at least the monkees were honestly ersatz—and with the exception of the far more meretriciously fake and no less pop - idol - driven green berets , no hollywood movie produced during the vietnam war referenced that war more than head .
america was also , as suggested by head , one fake place . the first bbs production was a flop . but easy rider , produced for under $ 400 , 000 and returning its cost one hundred times over in its first release , was one of the greatest financial coups in hollywood history .
both within hollywood and without , easy rider presented itself as a generational statement . while head parodied the straight media , easy rider reveled in countercultural values—not just the sacraments of drugs , sex , and rock and roll , but also the i ching , hippie communes , guerrilla theater , doing your own thing , the brown rice millenarianism that predicted the impending collapse of urban civilization , when long - haired freaks would be fighting for their lives against the killer redneck straights .
successors to the wild one and the rebel without a cause , bonnie and clyde were righteous outlaws ; fonda’s narcissistic , cool - bordering - on - catatonic captain america and hopper’s hyperzonked , free - form , babbling billy were something else . these guys were freaks and heads , semiotic warriors and electric cowboys , true americans and losers , beautiful losers .
easy rider decried amerikkka but celebrated american freedom . hopper served up jack kerouac’s beat generation wanderlust and robert frank’s on - the - road landscape with a self - consciously artistic , european - inflected camera . he and cinematographer lászló kovács developed a widely imitated style , based on giant close - ups , sudden zooms , leisurely rack focusing , and ecstatic sunbursts . hopper’s sense of filmmaking also drew on american underground filmmakers ( kenneth anger’s wall - to - wall real rock music in scorpio rising , bruce conner’s fragmentary editing ) .
the use of strobe flash - forwards to signify scene transitions failed to catch on , but easy rider ’s rock - scored lyrical interludes—meant to evoke the experience of bombing down the highway with the car radio blasting , and typically used in stoned celebration of the nation’s empty plenitude—became the hallmark of hollywood hipness .
certainly , that’s how a sizable chunk of the audience saw ( or wanted to see ) easy rider . defending the movie in the new york times , village voice rock critic richard goldstein called it “a travel poster for the new america . ” ( and yet , paraphrasing a current simon and garfunkel ballad , the easy rider ad announced , “a man went looking for america and couldn’t find it anywhere . ” ) although devoid of political analysis beyond the assumption that , by waving their freak flags high in the american south , its martyred protagonists were not just easy but freedom riders , the movie articulated a generalized sense of failure .
“you know , this used to be a hell of a good country , ” nicholson muses at one point . “i can’t understand what’s gone wrong with it . ” it was nothing less than the bbs motto .
before the year of easy rider was out , bbs had bought its own four - story office building , off of the columbia lot . according to new hollywood chronicler peter biskind , 933 north la brea would soon be the epicenter of hollywood hip , and “bbs quickly became a hangout for a ragtag band of filmmakers and radicals of various stripes . ” it even inspired a rival outfit within the system : ned tannen now headed a youth film unit at universal , set to produce new films directed by hopper and fonda , as well as nicholson’s old pal monte hellman . “we didn’t have any burning ambition or slogan to change hollywood , ” rafelson would tell the los angeles press around the time that five easy pieces , the first columbia - financed bbs release , opened . “we just knew there was a way to do something that was groovier than the way it had been done . ”
made for under $ 900 , 000 , in forty - one days , during the winter of 1970 , five easy pieces was as freewheeling , in its way , as easy rider —anecdotal , shot in sequence , and so open - ended that director rafelson didn’t decide on which of the three possible last scenes he would use until the day the picture wrapped . nicholson was the star , but the landscape was paramount—in this case , cinematographer kovács lavished his attention on the bowling alleys , trailer parks , gas stations , diners , and cheap motels that , however familiar from robert frank’s midfifties photographs , had rarely been seen in american movies .
the script was by nicholson’s protégée carole eastman , who had written 1967’s the shooting ( one of the two low - budget hellman - directed westerns that nicholson had produced in the midsixties ) and jerry schatzberg’s 1970 puzzle of a downfall child ( all under the name adrien joyce ) . eastman drew on a story by rafelson—and perhaps on rafelson’s sense of himself . ( not named bobby for nothing , the protagonist is the sort of inveterate upper - middle - class rebel that the director told interviewers he had himself been . ) in some respects , the movie suggested an american version of françois truffaut’s shoot the piano player ( 1960 ) : existentially traumatized oil rigger bobby dupea is a trained classical pianist in flight from his past .
as f ive easy pieces elaborated on the easy rider trip , it naturalized head ’s structure . the movie is predicated on non sequitur ( bobby playing chopin on a flatbed truck , or abruptly attacking his peckerwood buddy : “keep on telling me about the good life , elton , because it makes me puke” ) and shock cuts ( a bowling ball crashing down , the camera swirling around bobby and a female partner engaged in strenuous motel room sex ) . bobby’s girlfriend , rayette dipesto , played by karen black , is pregnant , but that is mentioned only once , almost in passing , while , incorporating a personal anecdote she told rafelson , sally struthers ( bobby’s pickup , and soon to achieve tv stardom as archie bunker’s daughter ) gets a long close - up solo recounting the explanation she was given as a child for how girls get dimples .
creating , rather than following , fashion , five easy pieces appeared well into nixon time . by september 1970 , america had lived through the invasion of cambodia , the ensuing massacres at kent state and jackson state , the ongoing demonization of the counterculture , and , as embodied by the eponymous protagonist of the independent sensation joe , the ascension of the hardhat . suddenly , in a neat turn of the pop culture dialectic , here was nicholson , easy rider ’s hippie straight , as something new : a long - haired hardhat , a middle - class dropout , working on an oil rig and shacked up with a big - haired , dim - witted , warmhearted , country - lovin’ truck stop waitress , the living embodiment of the tammy wynette songs that , in an inspired audio analogue to the movie’s american landscape , rafelson took for his soundtrack .
moreover , nicholson and black became contemporary icons . ( nicholson was the fourth - ranked star of tomorrow for 1970 ; black was named second in 1971 . ) five easy pieces established the essential jack nicholson persona—the wild man outbursts and wise guy attitude , the arched eyebrow , and the devastating put - down . writing in cue , william wolf compared nicholson to tormented forties street kid john garfield , “the guy who can’t fit into life’s groove . ” but where garfield was a working - class hero , nicholson was more a faux - working - class antihero , not to mention a sincere cynic and alienated bon vivant—less a nouveau garfield than a degenerate clark gable .
once upon a time , pauline kael would note in 1971 , “the generally tawdry films we saw week after week contributed to our national identity—such as it was . now only the counterculture uses movies ( and only a few , key movies ) this way—for new heroes , new styles , new attitudes . ”
the year following five easy pieces brought a number of such figures—the titular protagonists of el topo , sweet sweetback’s baadasssss song , and billy jack —as well as the flowering of the hippie western ( fonda’s the hired hand , hopper’s the last movie , robert altman’s mccabe and mrs . miller ) . but the counterculture was hardly hollywood’s only audience . that same year after five easy pieces ’s apotheosis , clint eastwood’s dirty harry trumped nicholson’s hardhat longhair as a middle american culture hero .
still , bobby dupea was the quintessential bbs protagonist—alienated , wounded , charismatic , in flight from or defeated by a corrupt , violent , morally bankrupt america . it was a part nicholson would continue to play on the screen ( and in life ) for years to come . his subsequent films— carnal knowledge ( 1971 ) , the last detail ( 1973 ) , chinatown ( 1974 ) , and one flew over the cuckoo’s nest ( 1975 ) —would establish him as hollywood’s most successful maverick , acting out and loving it . the march 27 , 1971 , issue of life described “happy jack” auditioning actresses for the nude scene in his upcoming directorial debut , produced by bbs and adapted from jeremy larner’s novel drive , he said .
written in the aftermath of the cuban missile crisis and published in late 1964 , larner’s tale of a disaffected college basketball player brought the twenty - seven - year - old author the ten - thousand - dollar delta prize for a first novel . the book was prescient enough to include an lsd trip , but much in student life had changed—or rather , intensified—in the subsequent half dozen years . larner and nicholson revised the novel’s scenario to include college radicals , guerrilla theater , draft physicals , and an extreme instance of hippie madness , in addition to the affair between the conflicted jock ( twenty - three - year - old william tepper , in his first and , for more than a decade , last movie role ) and a sexually wanton faculty wife ( karen black ) .
appearing a year after the college films released in the wake of kent state ( getting straight , the strawberry statement , r . p . m . , the revolutionary ) , drive , he said was distinguished by its comic couplings , copious nudity , and kinetic basketball games ( nicholson was a fan ) . the movie had a haphazard quality that harked back to brian de palma’s anarchic indies of the late sixties , greetings and hi mom ! . its most entertainingly inflammatory scenes involve the mad campus revolutionary played by michael margotta , twenty - five , an actors studio grad featured in 1968’s wild in the streets .
drive , he said premiered at cannes and , according to the new york times , “set off the [ festival’s ] most violently negative reaction . . . as the lights came up , the people hooted , screamed , and whistled . some got to their feet and waved indignant fists toward where nicholson and his two actors , william tepper and michael margotta , were seated . ” although the times correspondent , cynthia grenier , attributed this audience antipathy to “the thoroughly unglamorous handling of the sex scenes , ” the anarchic politics—notably the climactic freak - out , in which the margotta character liberates the specimens in the campus science lab—were a more likely factor . ( the prizewinners that year included two popular - front myths , bo widerberg’s joe hill and giuliano montaldo’s sacco & vanzetti , and three more politically coherent american movies , dalton trumbo’s johnny got his gun , miloš forman’s taking off , and jerry schatzberg’s the panic in needle park . )
although drive , he said did poorly at the box office , its failure was eclipsed by the summer of flops suffered by universal— two - lane blacktop , the hired hand , and , most dramatically , the last movie —as well as the derisive incomprehension that greeted henry jaglom’s a safe place when it was shown that fall at a scaled - down new york film festival . variety reported that a safe place was the festival’s “most audience - dividing feature . . . it drew walkouts , boos , and fervently defensive partisan applause . afterwards , during a long onstage panel discussion , most of the audience remained and again divided on the film and its author - director . . . seldom has as much emotion been expended at a preview of a film so many people declared aloud they could not understand . ”
that reaction was not surprising , given that a safe place was essentially nonnarrative—the most radical experiment that bbs would produce after head . jaglom , who had gone to summer camp with bert schneider , was a self - described hyphenate . he’d had some experience in new york theater prior to going west , where he helped edit easy rider and played a theater professor in drive , he said . given his shot to make a movie , jaglom adapted a safe place —described in press notes as “autobiographical to a rather unusual extent”—from his play the uncommon denominator , which he had directed and appeared in when it was performed as an improvised off - broadway revue in 1963 . edited from fifty hours of footage , a safe place was an actor - driven , star - studded production , featuring not only nicholson but also tuesday weld ( in a role created onstage by karen black ) and orson welles .
the weld character , alternately known as susan and noah , spends time in jaglom’s childhood apartment , a treasure trove of postimpressionist paintings on central park west . rather than countercultural rock anthems , a safe place reiterates a series of pop standards ( “i’m old - fashioned , ” “as time goes by , ” “la mer , ” “someone to watch over me” ) . a witchy , possibly schizophrenic , hippie kook , weld first appears to be channeling jean seberg in lilith . “when i was a little girl , i flew , ” she insists throughout . her hapless suitor ( jaglom’s stage role , taken in the film by philip proctor , a longtime member of the firesign theatre ) describes her as “pretty , sad , and weirder than hell . ”
after a while , weld doesn’t seem to be acting so much as being— a safe place is the warhol factory screen test she never had . not so welles , who appears as a stage magician with an intermittent stage yiddish accent , performing tricks with a silver ball in central park—or is it in the weld character’s mind ? ( welles is the artiste ; he would repay the compliment after a fashion by casting jaglom as a young director in his unfinished hollywood melodrama the other side of the wind . )
the repetition and fractured chronology go well beyond the flash - forwards that punctuate easy rider ; the unmatched performances and raw sense of a prolonged acting exercise evoke john cassavetes’ shadows . “there are three scenes in a safe place that remain intact from the original script , ” weld told the new york times . “all the rest is either improvisation or was thought up or written right there , at the moment , or that morning . ” lengthy , apparently improvised riffs—including a long dream monologue delivered by gwen welles—are intercut with orson welles’s magic tricks , ultimately giving way to the sudden introjection of a devilish nicholson as another ghost from weld’s past . weld does manage to catch the magic ball but , maintaining the unbroken succession of cataclysmic bbs endings , apparently drowns herself in a bubble bath .
jaglom would attempt to explain himself in “the making of an anti - movie or learning how to fly , ” a prose poem manifesto published in the underground biweekly changes , while richard corliss , a member of the new york film festival selection committee , defended a safe place in the village voice as “exactly the kind of film—experimental , audacious , demanding , arrogant , and vulnerable—which the festival exists to encourage . ”
corliss suggested that audiences preferred overtly political experiments like dušan makavejev’s wr : mysteries of the organism , also shown in the festival that year , but it was clear that critics and audiences alike were much more taken by the other bbs offering at the event : the last picture show .
peter bogdanovich was the american director whose career path most closely approximated those of the french new wave filmmakers . a raging cinephile , he published auteurist film journalism in periodicals ranging from film culture and the village voice to esquire , wrote film notes for the new yorker theatre , and in 1964 , at age twenty - five , cocurated the museum of modern art’s epochal alfred hitchcock retrospective .
relocating to hollywood , bogdanovich apprenticed himself to roger corman at aip , where he reedited a soviet sci - fi film into voyage to the planet of the prehistoric women ( released in 1968 ) and spent six months working on corman’s the wild angels ( 1966 ) , scouting locations and rewriting the script . ( he would also take credit for casting peter fonda in the lead . ) as a reward , corman gave him a chance to direct a low - budget drive - in flick , targets ( 1968 ) , which , benefiting from a day’s work owed aip by boris karloff and inspired by the case of the 1966 university of texas sniper , was enriched with film references and topical sensationalism .
filming began in october 1970 , in archer city , the texas town where mcmurtry had grown up . bogdanovich’s journalistic acumen may be deduced from the production stories that appeared . fellow auteurist martin rubin published a lengthy report in the village voice ; former warhol associate donald chase visited the set on behalf of the hip monthly show . most remarkably , grover lewis—a childhood pal of mcmurtry’s with a small role in the movie—published a ten - thousand - word piece that alerted the readers of rolling stone to the movie’s existence months before it opened .
rolling stone ’s interest was not unfounded . predicated on an anecdotal series of sexual initiations , the last picture show was , no less than easy rider and drive , he said , a youth film—albeit pre - elvis and without an avatar of james dean . moreover , set in a bleak , stultifying backwater , the last picture show projected that now trademark bbs sense of failure ( “nothing’s really been right since sam the lion died” ) , and even a measure of existential angst . despite its all - american subject matter , the movie was closer to antonioni than john ford or howard hawks .
with its wide - open spaces , small dusty towns , and cast of lunch counter waitresses , drugstore cowboys , and hardhat oil riggers , the last picture show shared an echt american iconography with five easy pieces and easy rider —but with a difference . where easy rider deployed steppenwolf and jimi hendrix and five easy pieces drew on tammy wynette , the last picture show provided wall - to - wall hank williams . full of period artifacts ( paperbacks , magazines , movie posters ) , bogdanovich’s town is a museum of 1951 - ness ( with korea standing in for vietnam ) . movies are , of course , the privileged artifact , as embodied by veteran western actor ben johnson’s central role and narrative function as the town’s heart , sam the lion .
vincent canby hailed the last picture show in the new york times as “an adventure in rediscovery—of a very decent , straightforward kind of movie , as well as of—and i rather hesitate to use such a square phrase—human values . ” andrew sarris , bogdanovich’s senior partner in the americanization of french auteurism , wondered , “who would have thought a few years back that in 1971 peter bogdanovich would be traveling first - class on the express train of film history while dennis hopper was bumming a ride on a freight train headed for oblivion ? ” ( hopper’s boldly experimental , near identically titled fiasco the last movie provided a handy foil for the bogdanovich triumph . )
newsweek ’s paul d . zimmerman took his praise to the limit , beginning his review with the declaration that the last picture show was a masterpiece , and “not merely the best american movie of a rather dreary year [ but ] the most impressive work by a young american director since citizen kane . ” it’s possible that the last picture show received better notices than any american movie between gone with the wind and the godfather . even the finicky new leader critic john simon allowed that , although an example of “cinematheque direction” ( by which he meant derivative pastiche ) , it was “not bad by current standards . ”
some saw the last picture show as fulfilling their critical position . jonas mekas , who had published bogdanovich in film culture , took a week off from promoting the avant - garde to hail the last picture show as “a perfectly beautiful movie” and the epitome of intelligent “neoclassicism . ” mekas’s village voice colleague sarris , who wrote on this “extraordinarily exhilarating spectacle” at considerable length in those pages , saw the last picture show as a triumph for auteurism , crowing that bogdanovich had “won over many of his erstwhile enemies by providing them with an emotional experience they did not anticipate from a registered [ auteurist ] . ”
sarris was undoubtedly thinking of pauline kael , whose positive review of the last picture show is fascinatingly ambivalent : “i want to praise a movie that is in some ways , and good ways , very old - fashioned , ” she wrote , while immediately warning that her “praise for what will probably turn out to be a huge success with both critics and audiences [ shouldn’t be ] interpreted as a put - down of the talented people whose movies have been chaotic disasters . . . fiascos like drive , he said weren’t dead , in the way that fiascos like the last run were . and now bogdanovich has made a movie for everybody—not just the airport audience but the youth audience and the educated older audience , too . the danger is that the last picture show . . . the kind of straightforward , involving , narrative picture that doesn’t often get produced anymore—will turn into a bludgeon to beat other filmmakers with . ”
and that , in essence , is what happened with bbs’s next project , the king of marvin gardens .
the king of marvin gardens was in production from thanksgiving 1971 into the winter of dirty harry , with columbia pictures on the brink of disaster . ( the studio finished the year $ 29 million in the red . ) appropriately , the movie was shot , by kovács , in off - season ( and pre - legalized - gambling ) atlantic city , a desolate beach - resort town suggesting nothing so much as a lunar santa monica .
in addition to its location , the king of marvin gardens would end up showcasing nicholson’s range . he was cast against type as david staebler , an uptight , near autistic radio monologuist , while bruce dern was given what would normally have been the nicholson role , playing david’s brother , jason , a comic , megalomaniacal hustler with a head full of outsize dreams and a dangerous connection to the mob . the supporting , karen black–ish female role was split between ellen burstyn and neophyte julia anne robinson , as jason’s two women .
stylistically , the king of marvin gardens is the most restrained of any bbs production , with hardly any music to leaven the downbeat mood . ( the sole musical interlude is an instance of incidental surrealism , when the brothers and their girls camp on the idea of miss america—a sort of cargo - cult version of head . ) although not always convincing in its specifics , the movie conveys a powerful sense of place—and an even stronger sense of placelessness . if five easy pieces suggested a corn - fed , rowdy sort of ingmar bergman movie , the king of marvin gardens had the quality of star - spangled early antonioni . ( the maestro’s own american movie , zabriskie point , released two years earlier—which , not coincidentally , used bbs offices for its preproduction—was considerably more flamboyant . )
premiered at the 1972 new york film festival and opening shortly thereafter , the king of marvin gardens was poorly received , its ambition saluted by only a few critics . jay cocks wrote in time that while the film was less successful than five easy pieces , it was in many ways a “more interesting and certainly more daring” movie . in the dispirited aftermath of the christmas bombings , with washington preparing for nixon’s second inauguration , the new york times reported that the king of marvin gardens had received one favorable notice , as opposed to five mixed and fifteen unfavorable ones . fickle critics had anointed rafelson the new dennis hopper . nevertheless , most likely thanks to nicholson’s presence , the king of marvin gardens was actually a success—with $ 9 million in rentals , it finished as the thirteenth top - grossing movie of 1972 .
in any case , the king of marvin gardens was an end - of - the - road movie . rafelson’s fiercely drab easy rider analogue conjured up the american dream of a big score—here , jason’s fantasy of a casino on a private island off hawaii—and ended ( in sudden violence ) with the cry what went wrong ? perhaps critics at the time were responding to the movie’s pervasive sense of disillusionment , as though the rafelson protagonist had gone to alaska and found . . . this ? hollis alpert’s not unsympathetic piece in the saturday review found the movie’s “late - autumn bleakness . . . redolent not only of a dream that has passed but also a world that is passing . ” virtually all bbs movies featured a pair of temperamentally opposed male characters—one manic and volatile , the other passively depressed . in easy rider , drive , he said , and the last picture show , the guys are buddies ; in a safe place , they are rivals . five easy pieces has the male protagonist divided against himself , while , as the most extreme case , the king of marvin gardens opposes a pair of ambivalently antagonistic brothers and characterizes them as accomplices .
there was , however , one more project . during the summer of ’72 , as ellsberg’s trial approached in los angeles , schneider decided to produce a feature - length documentary in opposition to the vietnam war . rafelson suggested as director peter davis , responsible for the controversial cbs documentary the selling of the pentagon , televised in february 1971 . originally , davis’s new documentary was to focus primarily on ellsberg ; ultimately , it expanded to encompass the war’s origins in america and its prosecution on the ground , as well as what film critic michael atkinson would call “the semiotics of middle - class militarism . ”
only weeks after winning the oscar for best documentary ( schneider driving bob hope and frank sinatra nuts with an acceptance speech that included a “greeting of friendship” from the provisional revolutionary government of the republic of south vietnam ) , hearts and minds opened in new york , where vincent canby hailed it as “an extraordinary movie which may well be the true film for america’s bicentennial . ” hearts and minds was still in release five weeks later when , on april 30 , 1975 , saigon fell to the vietcong . thus , the war’s end merged with its cinematic representation and the ultimate bbs film . in more ways than one , hearts and minds was the movie that cashed the check the monkees wrote .
j . hoberman reviewed movies for thirty - three years at the village voice . his many books include film after film , or what became of 21st century cinema ?
josef von sternberg may have been one of cinema’s original micromanagers , but his films are testaments to longstanding collaborations with brilliant artists and technicians .
john waters’ favorite among his early works is both an assault on political correctness and a no - holds - barred expression of gay militancy .
during a period when studios gave him carte blanche , josef von sternberg created a sublime cinematic language that shrugged off one orthodoxy after another .
at a time when spain was trying to leave its past behind , master filmmaker víctor erice transported viewers back to the post–civil war era , examining its traumas through the eyes of a child .
a galvanizing mix of polemic and entertainment , michael moore’s look at the american gun obsession is as chillingly relevant today as when it was released .


alafco ( aviation lease and finance company ) is an aircraft-leasing company , based in kuwait .

it is jointly owned by the kuwait finance house and kuwait airways .

its lease terms are islamic economical jurisprudence-compliant .

alafco

alafco already ordered 26 a320s of which 25 have been delivered . including this order , it shall then take alafco’s total order for airbus single aisle aircraft to 56 .
alafco is a sharia - based aircraft leasing company with its headquarters in kuwait . the company is listed on the kuwait stock exchange and its ticker symbol is alafco . alafco has in its portfolio 50 boeing and airbus aircraft that it leases to airlines around the world .
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islamic lender kuwait finance house kfin . kw and state - owned kuwait airways are alafco’s biggest shareholders .
an ethiopian airlines boeing 737 - 800 is pictured in malawi . the carrier is alafco’s sole african client .
allegiant air to lease 13 a320s from alafco
is part of atw plus , our online premium membership .
alafco had ordered six 737 - 800s in march 2007 with the last airplane delivered to the leasing company in july 2011 .
alafco plans to have at least 100 aircraft in its portfolio by 2020 , up from 50 aircraft at the end of 2015 .
based in kuwait , alafco is a growing aviation lease and finance company with customers in asia , the middle east , and europe .
we are pleased to have alafco as a new engine customer ,
said david calhoun , president and ceo of ge transportation .
we look forward to a long - term working relationship . the genx will bring excellent economic performance to the alafco a350 fleet .
the signing ceremony was attended by alafco’s chairman and ceo mr . ahmad alzabin and ray conner , president and ceo of boeing commercial airplanes .
commenting on the announcement , mark nieuwendijk , managing director of aerdata said “we are pleased to announce alafco as our newest cms customer . alafco , in choosing aerdata , will realize the many benefits of using our industry standard lease and asset management platform to expand their business . ”
in 2006 , alafco was listed on the kuwait stock exchange . today , 46 % of alafco is owned by kfh , 14 % is owned by gulf investment institution , 10 % is owned by kuwait airways corporation ( kac ) and the remainder is held by private investors .
sale and leaseback is a financial transaction in which the seller ( airline ) of the lease aircraft sells the product to the lessor ( alafco ) .
mr . albulooshi joined alafco in january 2010 . he is seasoned aviation professional who has worked within various teams of alafco , including marketing where he worked for more than 4 years . he has also attended various international aviation events . mr . albulooshi led the initiative on development of alafco’s 5 year strategy and business plan in 2012 . he holds a bsc in electrical engineering ( kuwait university ) and an mba degree ( kuwait maastricht business school ) .
it recently bought four b777 - 300er planes for $ 1 . 36 billion from kuwait airways , which alafco will lease to the carrier until 2029 .
alafco aviation lease and finance company kscp , headquartered in kuwait , is a global aircraft leasing company . the company was founded in 1992 by kuwait airways corporation ( kac ) and acquired by kuwait finance house ( kfh ) in 1999 . alafco’s registration was changed from bermuda to kuwait and it was converted to a sharia compliant aircraft leasing company in 2000 . alafco ' s main activities are : aircraft operating leases , sale and leaseback of aircraft and aircraft lease management .
alafco’s widebody interest will not extend to the airbus a380 , he said . “the a380 is a very specialized aircraft . it doesn’t fit our investment criteria . ”
mr . albanwan was elected to the board of alafco from 2002 to 2012 and now serves as deputy chief executive officer of alafco since september 2014 . before alafco , he worked with kfh since 1999 where he last held the position of head of direct investments . his experience in aircraft leasing and structured finance and investments spans over 15 years . in addition to alafco , he has been a board member in saudi kuwait finance house , kuwait finance house bahrain , al - muthanna investment company and development enterprises holding company . he holds a bachelor of accounting from kuwait university , and an mba degree from school of business administration - university of san diego .
in terms of the leased fleet , five boeing 737 - 800s are leased to turkish airlines , while saudia is the largest a320 alafco lessee with 13 a320 aircraft .
alafco’s management comprises of executives with vast experience in the aviation industry . the management is committed to providing our customers the highest levels of service and operates with utmost integrity .
alafco is owned 53 percent by kuwait finance house , with kuwait airways corporation owning 11 percent , kuwait’s public institution for social security 5 percent and other investors 31 percent .
alafco , a sharia - compliant aircraft leasing company listed on the kuwait stock exchange , specialises in aircraft operating leases , lease management and in the sale and leaseback of aircraft .
at the paris airshow in june , alafco signed a memorandum of understanding to purchase 30 a320neo family aircraft , worth a total of $ 2 . 7 billion at list prices .
with its rising portfolio , substantial new aircraft orders , and a highly talented experienced team of professionals , alafco is well positioned to meet the needs and demands of airlines worldwide .
“in a continuously growing market , alafco is fully focused on offering its customers the most modern , technologically advanced and economically efficient aircraft . with the a321neo we will be able to look forward to even greater levels of efficiency and offer our customers some of the best that the industry has to offer , ” said ahmad a . alzabin , alafco chairman & ceo .
to date , alafco’s portfolio consists of 50 airbus and boeing aircraft , leased to 14 airlines in 13 countries across europe , asia , africa , latin america and the middle east .
“in a continuously growing market , alafco is fully focused on offering its customers the most modern , technologically advanced and economically efficient aircraft . with the a321neo we will be able to look forward to even greater levels of efficiency and offer our customers some of the best that the industry has to offer , ” said ahmad a . alzabin , alafco chairman & ceo .
leasing company sees surge in demand for larger aircraft models june , 22 , 2011 — alafco , the kuwait - based international aviation lease and finance company , has signed an agreement for six more airbus a350 xwb aircraft . this repeat order brings alafco’s total order for the a350 - 900 to 18 aircraft . the deal was signed at the 49th paris airshow in le bourget .
) ( alafco ) plans to double its aircraft fleet to 100 by 2018 , and is in negotiations with airbus ead . pa for a new order , its chairman said on monday .
alafco aviation lease and finance company , the kuwait - based international aircraft leasing company , has finalised a purchase order for 35 a320neo family aircraft bringing its total backlog for the type to 85 .
ahmad alzabin , chairman and ceo of aviation lease and finance co . ( alafco ) , speaks during reuters midddle east summit in kuwait city on october 24 , 2011 . reuters / stephanie mcgehee
alafco aviation lease and finance company and pt garuda indonesia ( persero ) tbk ( idx : giaa ) jointly held a formal signing ceremony today in jakarta to commemorate the financing of 2 boeing 777 - 300er aircraft . under the transaction , alafco will be financing 2 boeing 777 - 300er aircraft for garuda indonesia through a sale and lease back scheme . the aircraft will be delivered from boeing in june 2013 and july 2013 .
le bourget - alafco aviation lease and finance company ( kscc ) has signed a memorandum of understanding for the purchase of 12 firm , six option airbus a350 aircraft powered by general electric company ' s genx engine .
dubai , july 12 ( reuters ) - kuwait’s aviation lease and finance company ( alafco ) has asked commercial banks to submit proposals for a $ 300 million loan , banking sources familiar with the matter said on wednesday .
london — kuwait - based aircraft leasing firm alafco aviation lease and finance company , announced on thursday at the farnborough airshow , a change on its existing order for 10 a320neo to instead take 10 of the larger a321neo variant .
mr . garg is head of accounts in alafco aviation lease and finance company . he joined alafco in jan 2013 as finance manager . he holds a degree of b . com ( hons . ) from delhi university , india . he is also a certified chartered accountant ( ca – india ) and holds a certificate of ifrs ( acca –uk ) . he has considerable experience of over 10 years in the realm of audit , accounts , finance and tax .
establishing a growing relationship with the general electric company is important to us ,
said ahmad alzabin , chairman and ceo of alafco lease and finance company .
ge brings to us both technical and global market expertise .
alafco aviation lease and finance company kscc , headquartered in kuwait , is a global aircraft leasing company . the company was founded in 1992 by kuwait airways corporation ( kac ) and acquired by kuwait finance house ( kfh ) in 2000 . alafco ' s customers include royal jordanian , malaysia airlines , air europa , turkish airlines , china eastern airlines , yemenia , air india , china southern airlines , sky airlines , saudi arabian airlines , vietjet air and goair .
address : alafco aviation lease and finance company kscc , 3rd floor , chamber of commerce & industry building , shuhada street , murqaab , kuwait city – kuwait . , p . o . box 2255 safat . 13023 , kuwait . ,
mr . qazi joined alafco in 2015 as the head of risk and compliance . prior to joining alafco , mr . qazi was working as a director in deloitte australia . he has also worked with protiviti consulting and pwc . all of his experience relates to risk advisory and control assurance within the financial services industry . mohammad is a qualified chartered accountant with more than 10 years of experience in different jurisdictions including australia , uk , turkey , malaysia , bahrain , kuwait , pakistan , uae and saudi arabia .
, senior vice president , global sales and marketing , boeing commercial airplanes .
we are very pleased with this opportunity to help expand alafco ' s single - aisle portfolio with the 737 max and look forward to strengthening and growing this partnership even further .
“the a320neo is proving to be a very popular aircraft due to its economics and low fuel burn , ” said abulqasim abdulghaffar redha , alafco executive vice president . “we anticipate strong demand from leasing customers and we look forward to helping them meet their requirements . ”
“this order reflects a strong recovery in long haul traffic demand from our customer airlines . the a350’s position as the most fuel efficient aircraft in its class is a great asset in our aircraft portfolio , ” said ahmad al zabin , alafco’s chairman and chief executive officer .
alafco aviation lease and finance company , the kuwait - based international aircraft leasing company , has upsized an order of ten a320neos to a321neos . the contract was signed today at farnborough international airshow . this agreement is part of an overall agreement signed in 2012 for 85 a320neo’s .
alafco placed its first order for the a350 xwb in 2007 when it ordered 12 a350 - 800s . these were later upsized to the larger a350 - 900 in 2010 . the a350 - 900 typically has a capacity of around 40 more seats than the a350 - 800 .
aerdata , the provider of lease management , records management and engine fleet planning software , announced today at the istat americas 2016 annual conference that alafco aviation lease and finance company , has chosen aerdata’s corporate management system ( cms ) to support their fleet of over 50 aircraft .
“this upsizing from a320neos to a321neos confirms the market trend for larger aircraft . the a321neo will bring alafco’s customers unbeatable economics and the highest standard of passenger comfort . it is the ideal middle of the market aircraft , ” said john leahy , airbus chief operating officer , customers .
“this upsizing from a320neos to a321neos confirms the market trend for larger aircraft . the a321neo will bring alafco’s customers unbeatable economics and the highest standard of passenger comfort . it is the ideal middle of the market aircraft , ” said john leahy , airbus chief operating officer , customers .
farnborough , united kingdom | july 10 , 2012 / prnewswire / – boeing ( nyse : ba ) and kuwait airplane leasing company alafco today announced a commitment at the 2012 farnborough airshow for 20 boeing 737 max 8s valued at $ 1 . 9 billion at current list prices .
mr . satar was thanking alafco for the partnership of the financing for the b777 - 300er aircraft with garuda indonesia and said this is an important milestone for garuda indonesia since this was the first time for garuda indonesia to enter a new era of partnership in accordance with sharia principles .
“ this upsizing from a320neos to a321neos confirms the market trend for larger aircraft . the a321neo will bring alafco’s customers unbeatable economics and the highest standard of passenger comfort . it is the ideal middle of the market aircraft , ” said john leahy , airbus chief operating officer , customers .
asian airlines are forecast to continue with strong growth and alafco is intensifying its pursuit of leasing opportunities there . “we have placed six a350 - 900xwbs with thai airways for 2017 - 18 . we have a solid contract with them and everything is going well , ” he said of the 2011 deal .
alafco’s order pipeline is still awaiting 117 aircraft , consisting of 85 a320neos , 20 b737 - 8max and 12 a350 - 900xwbs . in 2015 the company added four aircraft to its fleet and saw one disposal . as at october 1 this year it had 53 aircraft , 50 owned and 3 managed for investors .
kuwait , nov . 4 , 2012 / prnewswire / - - boeing ( nyse : ba ) and kuwait airplane leasing company alafco finalized an order for 20 boeing 737 max 8s valued at $ 2 . 0 billion at current list price . the order was first announced as a commitment at the farnborough airshow in july .
alafco is 100 - percent islamically funded . by statutes of its articles of association , it is shari’ah - compliant . “we do murabaha and ijarah . murabaha means i buy and sell to you with a mark - up . ijarah is leasing , where i own the asset and rent it to you , ” he said .
alafco aviation lease and finance company kscp 3rd floor , chamber of commerce & industry building , abdul aziz al - sager street , al - qibla , kuwait city - kuwait . p . o . box 2255 safat . 13023 , kuwait . tel : + 965 2290 2888 fax : + 965 2240 5225 email : info @ urltoken
“this is the first commitment for the 737 max from the middle east which is one of the aviation industry’s highest growth regions , ” said conner . “we are proud of the confidence that alafco has placed in the 737 max which will deliver unsurpassed fuel efficiency in the single - aisle market as well as improved environmental performance . ”
june 22 , 2011 — alafco , the kuwait - based international aviation lease and finance company , has signed an agreement for 30 airbus a320neo aircraft . the memorandum of understanding ( mou ) was signed at the 49th paris airshow in le bourget . it follows the placing of an earlier firm order for six a350 - 900 aircraft .
today , with rising fuel costs , the 737 max will provide operational cost savings to airlines in addition to being more environmentally friendly due to its latest quiet engine technology ,
stated alafco ' s chairman and ceo ahmad alzabin during the farnborough airshow .
these are the advantages that airlines are looking for in the current competitive and demanding environment .
as a lessor , we are committed to provide our global customer base with technologically - advanced aircraft ,
said ahmad alzabin , chief executive officer and vice - chairman , alafco .
fuel efficiency , operational reliability and efficiency are key factors for our airline customers and the 737 max will help us meet those demands in the single - aisle market .
“this order echoes the market demand for larger more fuel efficient long haul aircraft . we are delighted that alafco has selected our a350 - 900 as the reference aircraft for their long haul leasing business . to get a repeat order from a lessor , is a great vote of confidence in the a350 xwb , ” said john leahy , airbus chief operating officer customers .
this is the first order for the 737 max from the middle east , which is one of the aviation industry ' s highest growth regions ,
said ray conner , president and ceo of boeing commercial airplanes .
we are proud of the confidence that alafco has placed in the 737 max , and hope to continue this partnership well into the future .
present at the signing ceremony were alafco ' s chairman mr . ahmad a . alzabin and garuda indonesia president & ceo mr . emirsyah satar , who said
mr . alzabin said alafco is very proud to have garuda as a new customer . he said the airline ' s management and board have done a remarkable job in turning this airline around and making it the pride of indonesia , and is confident the airline will continue to reach new heights in the coming years . he also said that this transaction is the first in indonesia , where the aviation industry is growing rapidly on the back of a strong economy that is forecasted to grow at an average rate of 6 - 7 percent annually until 2017 and be among the top six global economies by 2030
.
mr . quadri joined alafco in february 2016 . he has over 25 years of diverse experience across the aviation industry , including 17 years with the emirates airline group and five years with singapore based boc aviation . saeed is a professionally qualified accountant from the institute of chartered accountants of india and the american institute of certified public accountants . he holds a bachelor of arts degree from osmania university in hyderabad with specialisation in mathematics , applied mathematics & statistics .
mr . alroumi joined alafco in october 2008 from kuwait airways corporation , where he worked as an avionic engineer maintaining kuwait airways ' fleet in a flight ready condition at various base locations for 17 years . mr . alroumi graduated from air service training ast scotland and prior to that he worked for one year as a line engineer in the kuwait air force . mr . alroumi has many years of experience in aircraft maintenance specializing in aircraft avionics and systems documentation .
“after a full analysis , we concluded that the a320neo will continue to be in strong demand , therefore , we are seizing the opportunity to secure an additional 35 aircraft to meet the future requirements of our customers . the a320neo is the market’s favourite single - aisle aircraft family , ” said ahmad a . alzabin , alafco chairman & ceo . “the significant fuel burn savings it offers , combined with the operational reliability and cost effectiveness of the a320 family , make it an absolute “must have” in our portfolio . ”
ultra - low - cost carrier ( ulcc ) allegiant air has signed a 12 - year lease with kuwait - based alafco aviation lease and finance co . for 13 airbus a320s . the las vegas - based carrier said the eight - year - old aircraft are expected to enter service beginning in the first quarter of 2018 . the agreement includes an option to purchase at the end of the lease term . the a320s will be configured with 186 seats and will be powered by cfm international’s cfm56 - 5b engines . allegiant called the . . .
mr . khot joined alafco in january 2001 from general electric capital in the us where he held various positions in risk management . prior to that , he was a manager with fidelity financial services , a subsidiary of the bank of boston . mr . khot brings many years of underwriting and portfolio management experience as a result of his roles in originating secured and unsecured sub - prime loans , servicing the loans and remarketing foreclosed assets . he holds a bba degree in finance from the university of central oklahoma , and an mba degree in finance from oklahoma city university .
today , alafco’s sole african client is ethiopian airlines , which leases three 737 - 800s . “we are also looking at other possibilities in north , central and southern africa . we hope to increase our presence there . we are very open - minded . africa is establishing itself right now . we need to see it stabilize . north africa is settling down after the arab spring . in central africa , there are attempts to start airlines , but without real credibility . until they gain credibility , everyone will struggle . you need to have the right structure in place . there is a lot to be done , ” al zabin said .
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the 737 max is the new - engine variant of the world ' s best - selling airplane and builds on the strengths of today ' s next - generation 737 . the airplane will be powered by new cfm international leap - 1b engines . along with the engines , aerodynamic improvements to the tail and the new advanced technology winglet , the 737 max will reduce fuel burn and co2 emissions by 13 percent over today ' s most fuel - efficient single - aisle airplane , the next - generation 737 . the 737 max will have the lowest operating costs in the single - aisle segment with an 8 percent advantage per seat over tomorrow ' s competition .
the order brings the total number of 737 max orders to date to 878 .
contact : saffana michael boeing commercial airplanes + 9 7150 - 4590651 saffana . michael2 @ urltoken
alzabin also said that the b777 - 300er is the best aircraft in its class today that will provide garuda and its customers years of reliable service and comfort . these two b777 - 300er aircraft are the first in garuda ' s fleet and the lease is structured in accordance with islamic sharia principles . finally , alzabin said he hopes to enter into more transactions with garuda and support its future growth plans .
these two aircraft is part of 10 b777 - 300er which was ordered to boeing company and four aircraft will be delivered this year . two aircraft will soon serve jakarta - jeddah on july , and two other aircraft will serve sydney - jakarta - london on q4 this year . from operation point of view , this new fuel - efficient and state - of - the - art aircraft will give more comfortable traveling to our passengers and allow garuda to maintain its more efficient operations ,
said satar .
as part of its
quantum leap program 2011 - 2015
, garuda indonesia will welcome 24 brand new aircraft this year alone , including four boeing 777 - 300er , three airbus a330 , ten boeing 737 - 800ng , and seven bombardier crj1000 nextgen . by 2015 garuda indonesia will see its fleet grow from the current figures of 106 aircraft 194 aircraft with an average of age less than five years .
garuda indonesia is the national flag carrier of indonesia , serves as full service carrier and provide low cost carrier services under our subsidiaries pt citilink indonesia . per december 2012 , garuda indonesia group operates 106 aircrafts , serves 34 domestic and 19 international destinations in southeast asia ( kuala lumpur , singapore and bangkok ) middle east ( jeddah , abu dhabi ) , north asia ( tokyo , osaka , beijing , shanghai , guangzhou , hongkong , taipei , seoul ) , australia ( sydney , melbourne , perth ) and europe ( amsterdam ) .
to expand international destinations , garuda indonesia has signed codeshare agreements with 11 international airlines partners , and total serves to 35 international destinations .
garuda indonesia has mission to become the flag carrier of indonesia that promotes indonesia to the world , supports national economic development by delivering professional air travel services . for further info about garuda indonesia please visit
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garuda indonesia group books net income of us $ 9 . 35 million for 2016 , maintaining positive performance
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we as lessors acquire certain aircraft at our own risk and transfer the product to the lessee as the lease object , for the purpose of temporary possession .
air transportation is a fast growing and a very competitive industry . it is also highly capital intense and sensitive to business cycle ,
if any employee or external party reasonably believes that some policy , practice , or activity of the company is in breach of law , regulatory requirements or applicable regulations , a written complaint may be filed through the whistle blowing mechanism of the company .
our financial results reflect our prudent management style which has enabled us to steadily expand and diversify by exploiting new opportunities during these trying times .
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the three - year loan would be used to back aircraft purchases and for pre - payment on deliveries .
kfh capital , the main investment arm of kuwait finance house , is advising the company on the fundraising , the bankers said .
the company reported a 78 percent jump in net profit to 10 . 8 million kuwaiti dinars ( $ 35 . 75 million ) for the six months to march 31 .
the firm is 46 percent - owned by kuwait finance house , while gulf investment corporation – an investment company equally owned by the governments of the six member states of the gulf cooperation council – owns a 14 percent stake .
kuwait airways corporation owns a 10 percent stake , and the remainder is held by private investors .
miami — russian flag carrier , aeroflot , is negotiating with airbus the expansion of its long - haul fleet with a potential order of 28 airbus a350 - 900s , worth $ 7 . 8 billion at list prices . . . .
miami — delta air lines broke its own record by transporting 17 . 7 million passengers in june alone . the airline claims to have flown this number of passengers through both its . . .
the new contract is part of an order placed by the leasing firm in 2012 for 85 a320neos . of these , 14 will be delivered to air india ,
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the
wow
factor . . . and a new era dawns ( 2004 - 2007 )
nearly 37 , 400 new aircraft valued at us $ 5 . 8 trillion required over 20 years
the a320 family is the world’s best - selling single aisle product line with almost 12 , 600 orders since launch and more than 7 , 100 aircraft delivered to more than 320 operators worldwide . thanks to their widest cabin , all members of the a320 family offer unmatched comfort in all classes and airbus’ 18” wide seats in economy as standard . with one aircraft in four sizes , the a320 family , seating from 100 to 240 passengers , seamlessly covers the entire single - aisle segment from low to high - density domestic to longer range routes .
airbus forecasts need for nearly 37 , 400 new aircraft valued at us $ 5 . 8 trillion over 20 years
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the genx engines for the firm 12 a350s are valued at more than $ 300 million . under the terms of the agreement , delivery of the aircraft , a combination of a350 - 800 and a350 - 900 models , is scheduled to begin in 2012 .
the genx is part of ge ' s
ecomagination
product portfolio - ge ' s commitment to develop new , cost - effective technologies that will enhance customers ' environmental and operating performance .
based on the architecture of the renowned ge90 , the genx is the next - generation of engine technology to succeed ge ' s highly successful cf6 , the best - selling engine family for wide - body aircraft . compared to the cf6 family , the genx will improve specific fuel consumption by 15 percent .
the genx is the world ' s only jet engine with a front fan case and fan blades made of composites for greater durability and weight reduction . it will operate with 18 fan blades ( 50 percent fewer than the cf6 ) at noise levels lower than any large ge commercial engine . the genx features a new combustor for efficient fuel mixing before ignition , resulting in significantly lower nox levels . the first full genx engine will go to test in 2006 , with engine certification scheduled for 2007 .
ge transportation - aircraft engines , a part of general electric company ( nyse : ge ) , is one of the world ' s leading manufacturers of jet engines for civil and military aircraft .
if you are a member of the press and have additional questions , please contact us by e - mail .
ge aviation is a world - leading provider of commercial , military and business and general aviation jet and turboprop engines and components as well as avionics , electrical power and mechanical systems for aircraft . ge has a global service network to support these offerings . ge and its customers are also working together to unlock new opportunities to grow and deliver more productivity beyond traditional services . ge aviation is becoming a digital industrial business with its ability to harness large streams of data that are providing incredible insights and in turn , real operational value for customers .
kuwait based aircraft lessor has swapped 10 of the a320neos it has on order for larger a321neos .
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customers for the 787 dreamliner . the new commitment when finalized , will boost the lessor ' s order to 40 737 maxs .
the 737 max family has been designed to offer customers exceptional performance , flexibility and efficiency , with lower per - seat costs and an extended range that will open up new destinations in the single - aisle market .
the 737 max incorporates the latest technology cfm international leap - 1b engines , advanced technology winglets , boeing sky interior , large flight deck displays , and other improvements to deliver the highest efficiency , reliability and passenger comfort in the single - aisle market .
contact : saffana michael international communications boeing commercial airplanes + 9 7150 - 4590651 saffana . michael2 @ urltoken
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the 737 max optimizes the market - leading strengths of the highly successful next - generation 737 to assure operators of competitive success far into the future .
the advanced - design next - generation 737 is the most cost - efficient , reliable and capable single - aisle airplane , featuring a dramatically elevated passenger experience thanks to the new boeing sky interior .
the 787 dreamliner applies breakthrough technologies to an all - new airplane design . the advanced features of the 787 increase efficiency , simplify airplane ownership and operation , and significantly improve the air travel experience .
he indicated new orders were unlikely in the near future . instead , he plans to acquire up to 10 narrowbody aircraft through 2016 through sale and leaseback , purchasing them and placing them back with operators on lease .
“we do not have plans [ to order ] additional aircraft direct from manufacturers . we will build the fleet with sale and leasebacks . these are more challenging , and there are so many newcomers to the market that want to try their luck at leasing , due to the low interest - rate environment . we have $ 500 million to invest [ but ] finding the right opportunity is a challenge . ”
“asia is the biggest opportunity . we do have operations in vietnam . we…helped vietjet air launch its operations with three a320 aircraft on operating lease . they started their operations with our aircraft . the airline is growing with great ambitions and has aircraft on order with airbus , ” he said .
“we are looking at all of africa for the right moment for things to stabilize and to start seeing real operations . what we see now is a scrimmage with private start - up intentions that do not appear viable . until moves are made by states or wealthy private start - ups , nobody is going to take the matter seriously . ”
“history will tell you that the aviation market is adversely affected by some global event at various times , whether it’s wars or sars or something else . however , the aviation industry is resilient and bounces back and continues its growth trajectory , ” al zabin said . “when oil prices go down there is an increase in demand for older aircraft , ” he added .
al zabin said kuwait airways was gradually regaining lost ground , after a shake - up instigated by chairman and managing director , rasha alroumi , who took over in 2013 . “its fleet renewal program is starting to take effect now . they are replacing their old fleet with new a320 and a330 aircraft [ and ] they are adjusting their flying schedule . ”
generally , he said , leasing companies are better placed than airlines to get capital from the market . “we play a mediatory role between the financial institutions and the airlines , ” he said . “we have not had a need for a credit rating . . . we have been operating for the last 15 years and never had a problem . financial institutions look at [ our ] balance sheet and performance for the last 15 years . ”
world growth of aviation and aircraft demand is directly related to gdp growth , al zabin noted . “there are other factors , such as fuel prices or interest rates . if there is gdp growth , then there will be growth in aviation . [ however ] if interest rates go up , then lease rental costs for airlines will increase . ”
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boeing looks forward to finalizing the agreement , at which time the order will be posted to the boeing orders & deliveries website .
already a market success , the 737 max has accumulated more than 1 , 000 orders and commitments from 17 customers worldwide since its launch on aug . 30 , 2011 . the 737 max is the new - engine variant of the world’s best - selling airplane and builds on the strengths of today’s next - generation 737 . the airplane will be powered by cfm international leap - 1b engines . along with the engines , aerodynamic improvements to the tail and the new advanced technology winglet , the 737 max will reduce fuel burn and co2 emissions by 13 percent over today’s most fuel - efficient single - aisle airplane , the next - generation 737 . the 737 max will have the lowest operating costs in the single - aisle segment with an eight percent advantage per seat over tomorrow’s competition .
“today , with rising fuel costs , the 737 max will provide operational cost savings to airlines in addition to being more environmentally - friendly due to its latest quiet engine technology , ” said mr . alzabin . “these are the advantages that airlines are looking for in the current competitive and demanding environment . ”
the firm contract is an increase of the previous agreement signed at the 2011 dubai airshow for 50 a320neo aircraft .
“higher fuel prices means airlines require fuel efficient aircraft and with the a320neo offering a 15 per cent fuel burn reduction , it is the ideal investment . the a320neo reduces operating costs whilst enabling airlines to offer the best cabin comfort levels , ” said john leahy , airbus chief operating officer customers . “this significant order from alfaco confirms that the neo ticks all the right boxes and is clearly the best product on the market . ”
over 8 , 300 a320 family aircraft have already been ordered and some 5 , 000 delivered to more than 350 customers and operators worldwide reaffirming its position as the world’s best - selling single - aisle aircraft family . the a320neo has over 95 percent airframe commonality making it an easy fit into existing fleets while offering up to 500 nautical miles ( 950 kilometres ) more range or two tonnes more payload at a given range .
the a320neo is a new engine option for the a320 family entering into service from 2015 and incorporates latest generation engines and large “sharklet” wing tip devices , which together will deliver 15 percent in fuel savings . this reduction in fuel burn is equivalent to 1 . 4m litres of fuel – the consumption of 1 , 000 mid size cars . this saves 3 , 600 metric tonnes of c02 per aircraft per year , the amount absorbed by 240 , 000 mature trees . the a320neo nox emissions are 50 % below caep / 6 and this aircraft also has considerably a smaller noise footprint .
“we’re taking neo orders from all corners of the world , from both airlines and leasing companies because we’ve hit a sweet spot in the market . an aircraft which offers a 15 % reduction in fuel burn is proving to be irresistible , ” said john leahy , chief operating officer customers .
over 7 , 000 a320 family aircraft have already been ordered and more than 4 , 700 delivered to more than 330 customers and operators worldwide reaffirming its position as the world’s best - selling single - aisle aircraft family . the a320neo has over 95 percent airframe commonality making it an easy fit into existing fleets while offering up to 500 nautical miles ( 950 kilometres ) more range or two tonnes more payload at a given range .
the a320neo is a new engine option for the a320 family entering into service from 2015 and incorporates latest generation engines and large “sharklet” wing tip devices , which together will deliver 15 percent in fuel savings . this reduction in fuel burn is equivalent to 1 . 4m litres of fuel – the consumption of 1 , 000 mid size cars . this saves 3 , 600 tonnes of c02 per aircraft per year , the amount of c02 absorbed by 240 , 000 mature trees . the a320neo nox emissions are 50 % below caep / 6 and this aircraft also has considerably smaller noise footprint .
the a350 xwb ( extra wide - body ) family is airbus’ response to widespread market demand for a series of highly efficient medium - capacity long - range wide - body aircraft . with a range of up to 8 , 500 nm / 15 , 600 km , it is available in three basic passenger versions : the a350 - 800 accommodating 270 passengers , the a350 - 900 seating 314 and the a350 - 1000 for 350 passengers in a typical three - class layout .
the a350 xwb has the widest fuselage in its category , offering unprecedented levels of comfort , the lowest operating costs and lowest seat mile cost of any aircraft in this market segment . with power supplied by two new generation rolls royce trent xwb engines , the a350 xwb family is designed to confront the challenges of volatile fuel prices , rising passenger expectations and environmental concerns . orders for the aircraft stand at more than 574 from over 36 customers .
inflight connectivity is about getting data to and from a passenger’s laptop , or getting their voice to the right ear , wherever that might be . the technology behind it may not be interesting to passengers , but it is technological developments , such as triagnosys’ new gsm roaming solution , that drive increased efficiencies , reduce costs and thereby enable airlines to offer more connectivity to more people . ”
“the first part of our plan was to reach a fleet of 50 aircraft , and we are almost there . . . now our plan is to reach 100 aircraft by 2018 , ” ahmad al - zabin told the reuters middle east investment summit in kuwait .
“we are in negotiations with airbus to increase the last order , and any outcome will be announced at the dubai airshow in november , ” zabin said .
the firm has a fleet of 48 aircraft , 27 of which are airbus , and the rest boeing , zabin said .
“among the companies we lease to are saudi airlines , turkish airlines , malaysia airlines , royal jordanian , and ethiopian airlines , ” he added .
zabin said the firm expected to post “record” profits for the fiscal year that ended september 30 , from one - off gains . it made a net profit of 10 . 8 million dinars ( $ 39 . 2 million ) in 2010 .
capa profiles help you identify new business opportunities and make better business decisions , by providing accurate and up - to - date data on airports , airlines , suppliers , investors , mros , lessors and countries around the world . each profile offers comprehensive news and analysis , as well as the ability to drill down into data on schedules , capacity share , fleet , traffic , financial results and more .
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aerdata’s corporate management system ( cms ) is an industry leading platform that supports all business processes in aircraft leasing and asset management .
aerdata provides lease management , records management , engine fleet planning and audit and inspection software as well as technical and back office services for aircraft and engine operators , lessors and mros . with a strong customer focus , aerdata delivers a reliable and secure service to its clients using latest technologies and state of the art infrastructure .
aerdata was acquired by the boeing company and became part of boeing commercial aviation services in may , 2014 . these include parts , training , engineering , maintenance and software solutions that increase the efficiency and profitability of airlines and leasing companies .
beijing - - kuwait and china sign a memorandum of understanding ( mou ) on e - commerce on the sideline of his highness the amir sheikh sabah al - ahmad al - jaber al - sabah ' s state visit monday .
beijing - - in the presence of his highness the amir of kuwait sheikh sabah al - ahmad al - jaber al - sabah and chinese president xi jinping , kuwait and china sign several agreements and memorandum of understandings aimed at boosting ties .