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
LOS ANGELES -- March 4, 2013
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
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:
International Lease Finance Corporation
Paul Thibeau, 310-788-1999
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