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Ilfc Signs 82 Aircraft Order Contract With Airbus

Wed Nov 22, 2000 6:05 pm

This is the press release of the deal from the Airbus website.

21 November 2000

International Lease Finance Corporation (ILFC) has signed a firm order for 62 A320 Family aircraft and 20 A330 widebodies, confirming a commitment announced in July, and taking Airbus’ total sales to 4060.

The deal, worth more than US$5 billion, covers the purchase of 18 A319s, 27 A320s, 17 A321s and 20 A330-200s, with deliveries scheduled to begin in 2002 and continuing through 2008. Engine selections have yet to be announced.

This order from ILFC takes total firm orders for the A320 Family to over 2,600 aircraft from more than 120 customers and operators, highlighting its tremendous worldwide appeal as the most modern single-aisle family on the market. The lessor’s selection of the A330-200 takes A330/A340 Family sales to some 650 from over 60 customers and operators.

“The strong airline demand for all Airbus types, with their unique degree of commonality and passenger appeal, makes this order a necessary step in our business plan, said Steven F. Udvar-Hazy, ILFC's President and Chief Executive Officer. “Our ongoing success in securing placements for our Airbus aircraft several years in advance of their delivery supports our analysis of the present and future economic values of these products.”

ILFC is Airbus’ largest single customer and has placed orders for every aircraft type produced by the European manufacturer to date. This significant new order, coming just months after ILFC’s recent purchase of 50 Airbus aircraft in May, takes the total number of Airbus aircraft in the leasing company’s portfolio to 475.

“We are delighted to see this important customer purchasing more of our aircraft so soon, said Noël Forgeard, Airbus Chief Executive Officer. “ILFC’s repeat business reflects Airbus’ success in continually striving to deliver the most efficient and advanced aircraft on the market.

Airbus Industrie – a partnership between EADS and BAE Systems - offers airlines the most modern and comprehensive aircraft family, ranging in size from the 107-seat A318 up to the 555-seat A3XX. Established just 30 years ago, Airbus has sold over 4,000 airliners to around 200 customers and operators since its inception.
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RE: Ilfc Signs 82 Aircraft Order Contract With Airbus

Thu Nov 23, 2000 3:27 am

Will it include the 5 A3XXs ILFC were said to have ordered ???

Jeremiah Teahan
Goodbye SR-LX MD-11 / 6th of March 1991 to the 31st of October 2004
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RE: Ilfc Signs 82 Aircraft Order Contract With Airbus

Thu Nov 23, 2000 3:35 am

Airbus forgot to mention two things. One is that this order was announced in July during the Farnborough Airshow so it not a "new" order. Also, it does NOT include the A3XX.

Airbus Wins ILFC Firm Order for 82 Jets Worth More Than $5 Bln

Toulouse, France, Nov. 21 (Bloomberg) -- Airbus Industrie said it won a firm order from International Lease Finance Corp., the world's biggest aircraft lessor, for 82 planes worth more than $5 billion.

ILFC had announced a commitment to buy the planes at the Farnborough Air Show in July. The order -- for 62 A320 series planes and 20 A330 widebody planes -- has now been signed.

The order includes 18 A319s, 27 A320s, 17 A321s and 20 A330- 200s, with deliveries set to begin in 2002 and continuing through 2008. The engines haven't yet been selected.

Airbus said nothing in the statement about five A3XX superjumbos that ILFC in July had also said it planned to order.

ILFC is Airbus's single biggest customer. The A320 family planes seat between 107 and 185 passengers, depending on the model. The widebody A330-200s seat around 250 passenger each.

Airbus is 80 percent owned by European Aeronautic Defense and Space Company and 20 percent owned by BAE Systems Plc.

Nov/21/2000 10:45 ET

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RE: Ilfc Signs 82 Aircraft Order Contract With Airbus

Thu Nov 23, 2000 3:38 am

It is indeed a confirmation of the LoI from 25. July in Farnborough.

The 5 A3XX will probably launched later, when the aircraft is launched.

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