ILFC could drop its A380 orders because of a lack of requests for the jumbo jet

by Braniff on June 11, 2009

International Lease Finance Corporation (ILFC) could drop its A380 orders because of a lack of requests for the jumbo jet, CEO Steven Udvar-Hazy said.

According to Hazy, ILFC can cancel the order between January and June of 2010 without having to pay any penalties. In addition to an outright cancellation — which would be the first ever for the type — ILFC could also defer deliveries or replace the order with an order for a different Airbus type, for example the A350XWB.

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