27-Apr-2011 11:47 AM
ILFC finalises Airbus A320neo order
Analysis
International Lease Finance Corporation (ILFC) has finalised an order for the purchase of 100 A320neo family aircraft from Airbus.
The final agreement with Airbus provides for model flexibility but initially includes both A320neo and A321neo aircraft. Deliveries will commence in 2015. As noted previously, Pratt & Whitney has been selected to power a minimum of 60 units with their PurePower PW1100G offering.
See related report: ILFC's Henri Courpron sees opportunity in China; 2011 a more "stable environment" for aviation
Among the listed lessors, Aircastle advanced 1.7% yesterday, while ALAFCO dropped back 1.3%.
Selected Lessors daily share price movements (% change): 26-Apr-2011
