ILFC's 2013 Mid-Year Lease Transactions Total 125
ILFC's 2013 Mid-Year Lease Transactions Total 125
Lessor's Strategy Continues to Deliver Key Fleet Solutions for Customers
LOS ANGELES--(BUSINESS WIRE)-- International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYS: AIG) , announced today that it has completed 125 lease transactions during the January through June timeframe of 2013. These transactions include extensions, new leases of used aircraft as well as placements of new aircraft from ILFC's aircraft portfolio, which today supports a worldwide network of approximately 200 airline customers across more than 80 countries.
"Our team continues to work diligently in all our markets to identify and execute effective solutions for our customers' evolving fleet operations," said ILFC Chief Executive Officer Henri Courpron. "Our success in placing aircraft is solidified by our strong financial position and our commitment to bolstering our fleet portfolio with modern, fuel-efficient aircraft."
ILFC has further demonstrated its commitment to providing its diverse customer base with access to the most suitable aircraft with recent announcements made at the Paris Air Show. In addition to exercising options for an additional 50 A320neo Family aircraft, which brings the total of ILFC's A320neo orders to 150, ILFC also became the lessor launch customer for the E-Jets E2 Family, signing a letter of intent for the purchase of up to 100 E-Jets. In late June, ILFC also took delivery of its first fuel-efficient, advanced technology Dreamliner 787—with 74 aircraft on order, ILFC is the largest lessor in the 787 program.
"We constantly listen to our customers and are vigilant about new technologies with a potential to deliver significant value and operational efficiencies to our worldwide customers, which further reinforces our leadership as the most responsive aircraft lessor today," added Courpron.
About ILFC
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 286 new high-demand, fuel-efficient aircraft, ILFC is the world's largest independent aircraft lessor. ILFC has approximately 200 customers 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
About AIG
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. Additional information about AIG can be found at www.aig.com
ILFC
Paul Thibeau, +1-310-788-1999
pthibeau@ilfc.com
KEYWORDS: United States North America California
INDUSTRY KEYWORDS:
The article ILFC's 2013 Mid-Year Lease Transactions Total 125 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.
