Pursuits
ILFC Plans to Buy $11.8 Billion Worth of Airbus, Boeing Jets
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American International Group Inc.’s jet-leasing unit said it will buy 100 Airbus SAS aircraft and 33 Boeing Co. 737s, $11.8 billion in planes at list prices, as airlines refresh their fleets amid rising travel demand.
International Lease Finance Corp. said its deal with Airbus consists of 75 A320neo narrow-body jets, as the model fitted with new, more fuel-efficient engines is called, and 25 A321neo planes. That replaces a plan to buy 10 A380 superjumbo jets, which list for about $375 million each, ILFC said today.