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Thu, Apr 28, 2011

ILFC Finalizes Airbus A320neo Order

International Leasing Company And Remarketer Signs Deal For 100 Updated Aircraft

International Lease Finance Corporation has finalized an order for the purchase of 100 A320neo family aircraft from Airbus, the company said in a news release Tuesday.

“Our work is ongoing as we continue on the path of providing the industry’s most technologically advanced aircraft to our customers. This order builds onto our fleet portfolio which already represents a significant widebody aircraft inventory and further positions ILFC as the most responsive and resourceful aircraft lessor today,” ILFC Chief Executive Henri Courpron commented. “Importantly, I would like to recognize all the employees of ILFC for the extraordinary work they have contributed over the past year which allows us to be in the positive position we are in today.”

The final agreement with Airbus provides for model flexibility but initially includes both A320neo and A321neo for a total of 100 aircraft. Deliveries will start in 2015. As noted previously, Pratt & Whitney has been selected to power a minimum of 60 units with their PurePower PW1100G offering.

FMI: www.airbus.com

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