ILFC has ordered 33 Boeing 737-800s and signed a memorandum of understanding for 100 A320neo-family aircraft, including 75 A320neos and 25 A321neos. However, ILFC...

In a deal announced at the Asian Aerospace International Expo and Congress 2011 in Hong Kong, International Lease Finance Corporation (ILFC) has signed a memorandum of understanding (MOU) for 100 A320neo-family aircraft, including 75 A320neos and 25 A321neos.

When firmed into an order, the MOU will see ILFC become the first customer for the A321neo, the largest member of the Airbus A320neo family. In a separate agreement, ILFC has selected Pratt & Whitney to power at least of its 60 A320neo-family aircraft with the PurePower PW1100G geared-turbofan engine.


The deal represents the fourth big order for the A320neo family, launched on December 1. However, in parallel with its order for the A320neo jets, ILFC will terminate its purchase agreement for 10 Airbus A380 super-jumbos.

“With 104 wide bodies on order and fewer than a dozen single-aisles it makes perfect sense to re-balance our order book and position ILFC strategically on the fuel-efficient neo,” says Henri Courpron, ILFC’s chief executive officer.

International lease Finance Corporation signed a memorandum of understanding on March 8, 2011 for 100 Airbus A320neo-family aircraft, including 25 A321neos, making it the prospective launch customer for the A321neo. The deal also saw ILFC canceling its order for 10 A380 super-jumbos

“The A380 is a long term programme. Over the next 20 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,” remarks John Leahy, Airbus’ chief operating officer, customers. “This year we’ve already won two new A380 customers and there are more queuing up.”

In another ILFC announcement at the Asian Aerospace show, Boeing reveals the leasing company has finalized a firm order for 33 737-800s. Boeing says the order has a list-price value of more than $2.6 billion and is part of the leasing company’s initiative to modernize its fleet and increase the balance in its aircraft portfolio.

The A320neo incorporates new, more efficient engines and large wing tip devices called, “Sharklets” which together deliver up to 15 per cent in fuel savings, according to Airbus. This represents some 3,600 tonnes less CO2  per aircraft, per year, Airbus says. In addition, the A320neo provides a double-digit-percentage reduction in NOx emissions and reduced engine noise.

Airbus says the A320neo will have over 95 per cent airframe commonality with existing A320-family models, making it an easy fit into existing fleets while offering up to 500 nautical miles (950 kilometers) more range or two tonnes more payload. Engines offered on the A320neo are CFM International’s LEAP-X and Pratt & Whitney’s PurePower PW1100G.

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., finalized a firm order for 33 Boeing 737-800s on March 8, 2011. The 33-aircraft order has a list-price value of more than $2.6 billion

Boeing will deliver ILFC’s new 737-800s with the all-new 737 Boeing Sky Interior. The new interior introduces cove lighting and curving architecture that create a distinctive entryway. Passengers will enjoy a more open cabin and a soft blue sky overhead simulated by light-emitting diode (LED) lighting.

The new 737 Boeing Sky Interior also features modern, sculpted sidewalls and window reveals to draw passengers’ eyes to the view outside the window, as well as larger stowage bins allowing passengers the ability to store their luggage closer to their seats.

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