ILFC Begins Deliveries of A330-343 Aircraft to AirAsia X
Leased Aircraft Further Strengthen Airline's Long-Haul Business in Asia Pacific
LOS ANGELES--(BUSINESS WIRE)-- International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYS: AIG) , announced today it has delivered the first of six A330-343 aircraft to AirAsia X, a long-haul, low-cost affiliate of AirAsia. The company will deliver three additional A330-343s to the airline by the end of 2013, while the remaining two aircraft will be delivered in 2014.
The aircraft are equipped with Rolls Royce Trent 700 engines. The aircraft will be operated on the airline's expanding network in Asia Pacific, which includes the markets of Australia, China, Taiwan, Korea, Japan, and its surrounding regions.
About the AirAsia Group
AirAsia, the leading and largest low-cost carrier in Asia, services the most extensive network with 85 destinations. Within 11 years of operations, AirAsia has carried over 180 million guests and grown its fleet from just two aircraft to approximately 123. The airline today is proud to be a truly ASEAN (Association of Southeast Asian Nations) airline with established operations based in Malaysia, Indonesia, Thailand, Japan and the Philippines servicing a network stretching across all ASEAN countries, China, India, Sri Lanka and Australia. AirAsia was named the World's Best Low Cost Airline in the annual World Airline Survey by Skytrax for four consecutive years in 2009, 2010, 2011, 2012.
About AirAsia X
AirAsia X is the low-cost, long-haul affiliate carrier of the AirAsia Group that currently flies to destinations in Jeddah, China, Australia, Taiwan¸ Korea, Japan and Nepal. The airline currently flies to 14 destinations across 7 countries and operates a fleet of 10 Airbus A330-300s, each with a seat configuration of 12 Premium Flatbeds and 365 Economy seats. The airline has carried over 8 million guests since it commenced long-haul in 2007. Our vision is to further solidify our position as the global leader in low-cost, long-haul aviation and create the first global multi-hub low-cost carrier network along with other carriers of the AirAsia Group.
International Lease Finance Corporation (ILFC) is a global market leader in the leasing and remarketing of commercial aircraft. With approximately 1,000 owned and managed aircraft and commitments to purchase 244 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 and engine leasing 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 more than 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: www.linkedin.com/company/aig
International Lease Finance Corporation
Paul Thibeau, +1-310-788-1999
KEYWORDS: United States Asia Pacific North America California
The article ILFC Begins Deliveries of A330-343 Aircraft to AirAsia X originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.