Khalifa might be flush wuth dosh, after all the owner is also the owner of Khalifa Bank of Algeria, and literally dozens of shady operations from dodgy pharmaceuticals to food/luxury goods importation.
HOWEVER, as a good banker, Khalifa was so slow in meeting lease-payments, thast he played a big part in driving TransAer to the wall..they had 2 A320's operating around such pleasant, safe places as Tamannrasset, Constantine, Hasi-Messaoud, Annaba, Oran and the fabulous Algiers International. Anyone considering going there, think again. Not a safe country at all, and a slipshod operation into poorly equipped fields with dodgy ATC. (Not including the French fields in that, of course...)