International Lease Finance Corporation

April 26, 2011 - 12:32pm

International Lease Finance Corporation (ILFC) announced today that it has finalized an order for the purchase of 100 A320neo family aircraft from Airbus.

ILCF said the deal provides for “model flexibility” but initially includes both A320neo and A321neos. Plans call for deliveries to start in 2015. As announced earlier, ILFC has chosen the Pratt & Whitney PW1100G geared turbofan to power at least 60 of the airplanes.

March 8, 2011 - 7:09am

Early interest in the Airbus A320neo appears to have spread beyond the ranks of two potential launch operators, as aircraft leasing powerhouse ILFC today signaled its endorsement of the re-engined narrowbodies with a memorandum of understanding covering 75 A320neos and 25 A321neos. However, ILFC also cancelled its purchase agreement for 10 A380s in an effort to “rebalance” its order book, undoubtedly tempering Airbus’s satisfaction. 

August 13, 2010 - 8:54am
Airliner leasing pioneer Steven Udvar-Hazy (second from left) has declared hi...

Airliner leasing pioneer Steven Udvar-Hazy is back in business with a vengeance. Barely six months after leaving the ILFC group that he founded back in 1973, following a failed bid to take control of a stake in the company from its troubled AIG parent, Udvar-Hazy's new Air Lease venture gave the industry a welcome shot in the arm by ordering about $10 billion worth of aircraft at July's Farnborough International Airshow.

July 13, 2008 - 10:14am

Bombardier announced here yesterday the long-anticipated launch of its C-Series family of single-aisle airliners. The company also revealed that final assembly will occur in Mirabel, Quebec, laying to rest any speculation that production would move south of the U.S.-Canada border, specifically to Kansas City. Bombardier president and CEO Pierre Beaudoin called it “an historic day for Bombardier.”

July 3, 2008 - 6:28am

Recent demand for younger airliners has ensured lease market buoyancy, but rental rates could fall if more operators release capacity or collapse under the pressure of fuel prices and scarce credit. Major lessor International Lease Finance Corp. (ILFC) has warned that air traffic growth might slow down, potentially causing “a negative impact on future lease rates.”

November 12, 2007 - 11:15am

Dubai Aerospace Enterprise made good on a promise to challenge the aerospace industry’s established aircraft leasing giants by committing to orders for 200 new Airbus and Boeing jets worth more than $27 billion.

June 19, 2007 - 11:56am

An International Lease Finance Corporation (ILFC) order for 50 Boeing 787s, plus conversion of two previously unannounced options (booked earlier this year along with a 777-300ER, for which ILFC was the launch customer) has brought total announced orders for the new twin-aisle twinjet to 634 from 45 customers since its launch in April 2004.

January 29, 2007 - 7:10am
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Gen. Jack Dailey hefted the comically oversized scissors to approach the ribbon. Hundreds waited to pass metal detectors for the December 15 opening of the Steven F. Udvar-Hazy Center. After a mock slice for the cameras, Dailey reached for real scissors to snip a new era at the Smithsonian National Air and Space Museum (NASM).

December 7, 2006 - 9:31am

International Lease Finance Corporation (ILFC) has become the first named major lessor to order the Boeing 787 under an agreement covering twenty 787-8 and -9 aircraft (and options on a further four) valued at $2.7 billion at list prices. Deliveries are set to start in January 2010 and continue through the following year.

 
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