ILFC Executes 242 Lease Transactions in 2012
LOS ANGELES--(BUSINESS WIRE)-- International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYS: AIG) , announced today that it secured 242 lease transactions in 2012. These lease transactions include both extensions and new leases for aircraft from ILFC's portfolio, which today supports a network of approximately 200 airlines in more than 80 countries.
"This past year represented another critical milestone in our efforts to strengthen ILFC's market position and build on our recent initiatives to advance regional customer support and diversify funding sources around the world," said ILFC Chief Executive Officer Henri Courpron.
"With our regional presence and global vision, we are able to maximize the resources of ILFC and the expertise of its professionals to meet the changing requirements of our airline customers," said ILFC Executive Vice President and Chief Marketing Officer Philip Scruggs.
International Lease Finance Corporation (ILFC) is a global market leader in the leasing and remarketing of commercial jet aircraft. With more than 1,000 owned and managed aircraft and commitments to purchase 229 new high-demand, fuel-efficient aircraft and rights to purchase an additional 50 A320neo family aircraft, ILFC is the world's largest independent aircraft lessor. ILFC leases aircraft to approximately 200 airlines in more than 80 countries and provides part-out, engine leasing and engine exchange services through its subsidiary, AeroTurbine. ILFC operates from offices in Los Angeles, Amsterdam, Beijing, Dublin, Miami, Seattle, and Singapore. ILFC is a wholly owned subsidiary of American International Group, Inc. (AIG). www.ilfc.com | Twitter: @ILFCGlobal
AIG is the world's largest insurance organization, serving more than 88 million customers in over 130 countries and jurisdictions around the world. AIG businesses are market leaders in property casualty insurance, life insurance and retirement services, mortgage insurance, and aircraft leasing. Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig |Twitter: @AIG_LatestNews| LinkedIn: http://www.linkedin.com/company/aig
International Lease Finance Corporation
Paul Thibeau, +1-310-788-1999
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