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Story about Airbus 380 ---series-1

ILFC WELCOMES NEW INDUSTRY BENCHMARK


‘A dream becoming reality’ is how Steven Udvar-Hazy, Chairman and Chief Executive Officer of Airbus’ biggest customer, International Lease Finance Corporation (ILFC), described the unveiling of the first A380.


“It is like a new baby being born,” he said. “It is the biggest aeronautical achievement in many decades and will set new standards by which all future air travel will be now judged.”

ILFC ordered five A380 passenger aircraft and five A380 freighters as part of larger order for 111 Airbus aircraft at Paris’ Le Bourget air show in 2001. And at the Reveal ceremony today, Mr Udvar-Hazy said ILFC is also already in negotiations with European and Asian airlines who are now looking to be part of the A380 story.

“We are in serious discussions with Air China for the lease of two aircraft in time for the 2008 Olympics in Beijing,” said Mr Udvar-Hazy. Two A380s will be delivered to ILFC each year from 2007 to 2011 with the first two aircraft to be leased to Emirates.

As the aircraft enters commercial service, there will be increasing pressure on airlines not operating the aircraft to innovate and be part of the new aviation trend. “There are 149 aircraft ordered to date but I think that number will grow rapidly as the aircraft proves itself.”

Mr Udvar-Hazy expressed his congratulations to all the people at Airbus and its suppliers and industrial partners who have worked on the aircraft programme. “Everyone should be extremely proud of what they have given to the aviation industry. The success of this multi-national team demonstrates that aviation is truly a global activity.”

As well as being the world’s largest aircraft leasing company by fleet value, ILFC has the youngest, most advanced aircraft fleet in the world. The company offers all Airbus aircraft types to its customers and was the first launch customer for Airbus’ A318, A319, and A321.
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