ILFC Signs MOU For GTF-Powered A320NEOs

By Guy Norris, Frank Jackman

International Lease Finance Corp. (ILFC) has signed a memorandum of understanding with Airbus to buy 100 Airbus A320NEO family aircraft, at least 60 of which will be powered by the Pratt & Whitney geared turbofan engine (GTF), while terminating its agreement to acquire 10 Airbus A380s. At the same time, ILFC signed a deal with Boeing for 33 737-800s. Henri Courpron, CEO of ILFC, said the orders “rebalance” the leasing company’s order book ...

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