International Lease Finance Corp, the world’s biggest plane leasing company, said it will order 100 narrowbody planes from EADS unit Airbus and 33 narrowbodies from Boeing Co., and scrap an order for 10 Airbus A380 super jumbo aircraft.
The orders from the aircraft leasing unit of insurer American International Group Inc. are potentially worth $11.2 billion at average list prices. The canceled A380 order, which had been in jeopardy for some time, was potentially worth $3.75 billion. Get the full story »