ILFC selects 100 A320neo Family aircraft and cancels A380s
The world’s premier aircraft leasing company, ILFC, has signed a Memorandum of Understanding for 100 A320neo Family aircraft, comprising 75 A320neo and 25 A321neo types.
ILFC becomes the first customer for the A321neo, the largest member of the A320neo Family. In a separate agreement, Pratt & Whitney has been selected by ILFC to power at least 60 A320neo Family aircraft.
In parallel with this order for the A320neo, ILFC will terminate its purchase agreement for ten A380s. “With 104 wide bodies on order and fewer than a dozen single aisles it makes perfect sense to rebalance our order book and position ILFC strategically on the fuel-efficient neo ,” said Henri Courpron, ILFC Chief Executive Officer.
“The A380 is a long term programme. Over the next twenty years we see a market of over 1,300 passenger aircraft in the very large aircraft segment. The A380 continues to win new customers and many are coming back with repeat orders.” Mr. Leahy added.