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ILFC's A380 order cancelled due to lack of secondary market

15-Mar-2011 10:57 AM

ILFC CEO Henri Courpron reportedly stated the leasing company cancelled its order for 10 A380s due to uncertainty about the secondary market for the aircraft (Bloomberg, 14-Mar-2011). ILFC had orders for a first lease of its A380s but "no visibility" on leases for 10-12 years following.