ILFC Giveth, Taketh Away | Aviation International News

ILFC Giveth, Taketh Away

Early interest in the Airbus A320neo appears to have spread beyond the ranks of two potential launch operators, as aircraft leasing powerhouse ILFC today s

By Gregory Polek • Senior Editor

March 8, 2011

Early interest in the Airbus A320neo appears to have spread beyond the ranks of two potential launch operators, as aircraft leasing powerhouse ILFC today signaled its endorsement of the re-engined narrowbodies with a memorandum of understanding covering 75 A320neos and 25 A321neos. However, ILFC also cancelled its purchase agreement for 10 A380s in an effort to “rebalance” its order book, undoubtedly tempering Airbus’s satisfaction.

“With 104 widebodies 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.

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