International Lease Finance Corp (ILFC), an international market leader in leasing commercial jet aircraft, has said it has converted into firm orders a previously announced MoU for 100 Airbus A320neo family aircraft.
According to ILFC, the agreement provides for ''model flexibility'' and that initial orders will include both the A320neo and A321neo.
Pratt & Whitney will supply a minimum of 60 PurePower PW1100G engines, said ILFC.
Deliveries will start in 2015.
ILFC chief executive Henri Courpron said this order ''builds onto our fleet portfolio, which already represents a significant wide-body aircraft inventory and further positions ILFC as the most responsive and resourceful aircraft lessor today.''
Airbus CEO (customers) John Leahy said, ''ILFC is the first major lessor to order the A320neo and these early delivery positions will help secure its leading position in a very competitive single-aisle market.''
With ILFC's conversion of options into firm orders, Airbus said the A320 family has now ''exceeded 7,000 firm orders.''