ILFC boss forecasts airframe production cuts International Lease Finance Corp (ILFC) chairman and CEO Steven Udvar-Hazy has projected that both Airbus and Boeing will cut production over the next two years by as much as 30-35 per cent. Airbus currently plans to produce close to 500 aircraft this year, while Boeing's target is 480-485 units, but just last week Airbus revealed that it had 12 order cancellations in January - three A318s, two A319s, three A320s and four A321s - while booking just … [Read more...] about ILFC boss forecasts airframe production cuts