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UPDATE 2-Avolon IPO values aircraft lessor at up to $1.86 bln

* Leasing playing growing role in aviation market (Recasts, adds analyst quote, peer comparison)

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UPDATE 1-Apple tumbles as much as 6 pct in unusual trading

NEW YORK, Dec 1 (Reuters) – Apple Inc shares tumbled shortly after the start of trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume.

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UMP heavyweights snub Sarkozy proposal

Call to create guiding committee of party’s former prime ministers falls flat

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