ILFC announces order for 12 A350s

ILFC announces order for 12 A350s

Airbus CEO and President Gustav Humbert and John Plueger, President and CEO of ILFC announced an order for 12 A350s at a press conference at the Dubai Airshow today.

22 November 2005

Airbus CEO and President Gustav Humbert and John Plueger, President and CEO of ILFC announced an order for 12 A350s at a press conference at the Dubai Airshow today.

Announcing this first order for the A350 from ILFC, Gustav Humbert said: “The deal takes total sales of the new Airbus A350 to 155 aircraft from 11 customers. This is an excellent start to our new programme, which we only launched in October. We expect to have 200 sales by the end of the year.

“When a leasing company orders our aircraft, it augurs well for the future. And when that leasing company is an industry leader such as ILFC, it is a very good sign for the future.”

ILFC is Airbus’ largest customer with more than 600 Airbus aircraft ordered up to now. It is also a launch customer for the aircraft as it has been for the A380 and for many other Airbus aircraft types.

“This is an aircraft we have worked on very diligently with Airbus for actually many few years. I would like to thank Airbus for taking the time to work through airlines’ requirements and in particular the requirements of leasing companies,” said John Plueger.

Stating that more than half ILFC’s order book is for Airbus aircraft, John Plueger added that this was just the base order for the aircraft for which ILFC also has eight options.

The agreement gives ILFC maximum flexibility between the A350-800 and –900 although John Plueger anticipates the market to shift for rather bigger aircraft such as the A350-900.

Deliveries are planned to spread over 2012 to 2014 including options.

John Plueger also stressed the growing importance of the Middle East market in particular for this aircraft. “Ideal candidate airlines for this aircraft are in this region, “ he said. “Some 10 per cent of our fleet is in the Middle East with Emirates as our largest customer and we expect it to grow to 15 to 18 per cent in the next five years.”