Leasing company ILFC, a wholly-owned subsidiary of American International Group, Inc., has signed a firm order for 50 additional Airbus A320neo-family aircraft.
The contract was announced on June 17 at the Paris Air Show 2013 by Henri Courpron, ILFC’s chief executive officer; and John Leahy, Airbus’ chief operating officer, customers.
ILFC was the first lessor to commit to the Airbus A320neo family, with a firm order placed in 2011 for 100 aircraft. With this latest order, ILFC increases its total firm A320neo-family order tally to 150 jets.
According to Airbus, ILFC will make its engine selection for the aircraft at a later date. Including its latest firm-order contract, ILFC remains Airbus’ largest customer, having ordered a combined total of 769 single-aisle and widebody Airbus aircraft.
“The A320neo is firmly established as a long-term cornerstone of ILFC’s portfolio of modern, fuel efficient aircraft. The NEO allows ILFC to offer its customers a single-aisle aircraft family that delivers a significant reduction in fuel consumption and the widest, most comfortable cabin in its class,” says Courpron.
“We have already seen significant market interest in the NEO and that is why we have come back for more,” adds Courpron. “We must be ready to deliver the product that airlines want and that will enable them to take advantage of the significant growth air transport will see over the coming years.”
The A320neo is offered as a new option for the A320 family and incorporates new more efficient engines and Sharklet wing tip devices, which together will deliver up to 15 per cent in fuel savings compared with today’s A320 family, according to Airbus.
At the end of May, firm orders for the A320neo family stood at 2,125 aircraft from 40 customers, making it the fastest-selling commercial airliner ever, according to Airbus.