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Aircraft lessors subdued in trading as ILFC makes narrowbody order

Analysis

Share movements in listed aircraft lessors were subdued on Tuesday, with Aviation Plc the big mover, up 1.4%. Major news in the sector was ILFC's announcement of new narrowbody orders for 75 A320neos, 25 A321neos and 33 B737-800s. As part of the MoU with Airbus, the lessor cancelled its order for 10 A380s.

Summary
  • Aviation Plc experienced a significant increase in share price, rising by 1.4%.
  • ILFC, a major player in the aircraft leasing sector, announced new orders for narrowbody aircraft, including A320neos, A321neos, and B737-800s.
  • As part of the agreement with Airbus, ILFC cancelled its order for 10 A380s.
  • Overall, the share movements in listed aircraft lessors were relatively subdued on that particular day.
  • The article was published on March 8, 2011.
  • The article highlights the latest developments and news in the aviation leasing industry.

Selected Lessors daily share price movements (% change): 08-Mar-2011

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