|ILFC REACHES 150TH AIRCRAFT LEASE MILESTONE FOR 2010|
LOS ANGELES--(BUSINESS WIRE)-- International Lease Finance Corporation (ILFC), a wholly-owned subsidiary of American International Group, Inc. (NYSE:AIG - News), today announced the recent lease placement of ten aircraft which brings the company’s total lease placements year-to-date to 150.
ILFC Chief Executive Officer, Henri Courpron commented, “I am very pleased with the performance of our marketing team in a recovering market. These 150 lease commitments represent a strong improvement over past years and in fact are a total well above the entire fleet count of most other leasing companies. Our placement success combined with our improving balance sheet provides ILFC real momentum and is a true testament to the capabilities and focus of the people of ILFC.”
Recent lease commitments:
“Our team is working diligently around the globe to support airline operators that are seeking strategic and smart fleet strategies. We continue to find that ILFC’s ability to offer a range of aircraft models and pricing solutions is a major attraction for those seeking new or used airplanes,” Courpron said.
Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect ILFC’s current views with respect to future events and are based on assumptions and are subject to risks and uncertainties. Except for ILFC’s ongoing obligation to disclose material information as required by federal securities laws, it does not intend to update you concerning any future revisions to any forward-looking statements to reflect events or circumstances occurring after the date hereof.
ILFC is the international market leader in the leasing and remarketing of advanced technology commercial jet aircraft to airlines around the world. ILFC owns a portfolio consisting of approximately 950 jet aircraft.
American International Group, Inc. (AIG) is a leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through one the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services around the world. AIG common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.
ILFC Media Relations