ILFC exercies option for A320neos

PARIS -- International Lease Finance Corp. (ILFC), a wholly owned subsidiary of American International Group, Inc., announced that it has exercised options to purchase 50 incremental A320neo aircraft from Airbus that were part of the agreement signed in April 2011 for 100 firm A320neo Family aircraft. Deliveries of ILFC's neo aircraft are expected to commence in 2015. Officially launched in December 2010, the A320neo family aircraft incorporate greater fuel-efficiency and eco-friendly technology, providing reductions in engine noise and emissions. (Source: Business Wire, 06/17/13) Gulf Coast note: Airbus broke ground in April on an A320 final assembly line in Mobile, Ala.