2013 Paris Air Show: ILFC orders 50 more Airbus A320neo Jets

Industry leading aircraft lessor, ILFC, a wholly-owned subsidiary of American International Group, Inc., has signed a firm contract for the ...

Industry leading aircraft lessor, ILFC, a wholly-owned subsidiary of American International Group, Inc., has signed a firm contract for the purchase of 50 additional A320neo Family aircraft. The contract was announced today at the Paris Air Show by ILFC Chief Executive Officer, Henri Courpron and John Leahy, Airbus Chief Operating Officer, Customers.
ILFC was the first lessor to commit to the A320neo Family with a firm order placed in 2011 for 100 aircraft.
With this latest order, ILFC increases its total firm NEO order tally to150. ILFC will make its engine selection for the aircraft at a later date. Including this latest contract, ILFC remains Airbus’ largest customer, having ordered a combined total of 769 single-aisle and widebody Airbus aircraft.
The A320neo is offered as an option for the A320 Family and incorporates new more efficient engines and large "Sharklet" wing tip devices, which together will deliver up to15 percent in fuel savings. At the end of May 2013, firm orders for the NEO stood at 2125 from 40 customers, making it the fastest selling commercial airliner ever and underlining its market leadership position with close to 60 per cent market share.