Breaking News

Siemens Agrees to Buy Dresser-Rand For $7.6 Billion in All Cash Deal
Tweet TWEET

ILFC Awarded 2013 Lessor of the Year

  ILFC Awarded 2013 Lessor of the Year

           Trade Industry Recognition Caps 3-Year Turnaround Effort

Business Wire

LOS ANGELES -- March 8, 2013

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of
American International Group, Inc. (NYSE: AIG), announced today it is proud to
have been announced the winner of the ‘Aviation 100’ Lessor of the Year Award
2013 by Airline Economics. ILFC Chief Finance Officer Elias Habayeb was also
named the 2013 CFO of the Year by the publication.

“These two awards are a true reflection of the entire ILFC team’s efforts and
resulting successes achieved over the past year,” said ILFC Chief Executive
Officer Henri Courpron. “I am pleased to see our industry peers recognize ILFC
and its employees for their skill sets and expertise. Our strategy and focus
have never been stronger in our commitment to delivering the most advanced
fleet solutions to our airline customers around the world.”

“ILFC has had a wonderful period under current management. The company has
reorganized and deleted debt, increased its customer base, drastically
improved its cost of financing and in the process has secured a strong future
for the business. In 2012, ILFC got the company in shape to ensure a swift and
highly advantageous sale, while it continued to improve services to its
customers, specifically with the continued growth of the AeroTurbine unit.
This year ILFC was ranked first in the Aviation 100 survey by its peers by a
significant margin; it is a very well deserved win for the team,” said Philip
Tozer-Pennington, managing editor of Airline Economics.

“The Aviation 100 Chief Financial Officer of the Year, Elias Habayeb, and his
team have succeeded in reducing ILFC’s debt considerably and have steered the
company through a tremendously difficult economic period through to its
successful sale to be closed shortly,” added Tozer-Pennington.

ILFC has rebuilt itself over the past three years, diversifying its global
funding sources and securing $23 billion in new liquidity. The company also
expanded regional support for its global customer base by opening new offices
in Amsterdam, Beijing and Singapore, and increased its focus on aircraft
portfolio management, including the successful acquisition of AeroTurbine in
2011, which allows the company to provide end-of-life solutions for older
aircraft.

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 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

About AIG

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

Contact:

International Lease Finance Corporation
Paul Thibeau, +1-310-788-1999
pthibeau@ilfc.com
 
Press spacebar to pause and continue. Press esc to stop.