ILFC and American Sign New Sale-Leaseback Agreement for Boeing Aircraft Including 15 B737-800s and One B777-300ER
Arrangement Further Advances ILFC’s Strategy To Leverage Its
Financial Strength To Support Leading Airlines In Optimizing Their Fleets
International Lease Finance Corporation (ILFC), a wholly owned
subsidiary of American International Group, Inc. (NYSE: AIG), announced
today it has entered into an agreement with American Airlines (American)
for the purchase and leaseback of an additional 15 new B737-800 and one
new B777-300ER aircraft.
The B737 aircraft are scheduled for delivery between May 2013 and
December 2014. The B777 widebody aircraft is forecasted to deliver in
the second half of March 2013. ILFC and American had entered into a
previous sale-leaseback agreement for 15 Boeing 737-800 next generation
aircraft in 2011. The final delivery of those aircraft was completed in
2012 and they are operating today.
“We’re pleased to strengthen our partnership with American by
strategically leveraging our strong financial position to support the
airline’s efforts to enhance its fleet and increase network
flexibility,” said ILFC Chief Executive Officer Henri Courpron. “This
new agreement is another important achievement in ILFC’s efforts to
complement its order book opportunistically with sale-leaseback
transactions.”
About ILFC
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
About AIG
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
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|Twitter: @AIG_LatestNews| LinkedIn: http://www.linkedin.com/company/aig