ILFC Signs MOU For GTF-Powered A320NEOs, Cancels A380s, Orders 737s

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...

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