CORRECTING and REPLACING ILFC Expands LEAP Engine Order for Total of 60 Airbus A320neo Family Aircraft

  CORRECTING and REPLACING ILFC Expands LEAP Engine Order for Total of 60
  Airbus A320neo Family Aircraft

CORRECTION...by International Lease Finance Corporation Paris Air Show 2013

Business Wire

PARIS -- June 18, 2013

First graph, last sentence of release should read: This newest engine order is
valued at $510 million U.S. at list price. (sted This newest engine order is
valued at $260 million U.S. at list price).

The corrected release reads:

ILFC EXPANDS LEAP ENGINE ORDER FOR TOTAL OF 60 AIRBUS A320NEO FAMILY AIRCRAFT

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of
American International Group, Inc. (NYSE: AIG), announced today that it has
expanded its order for CFM International’s LEAP-1A engines to power an
additional 20 Airbus A320neo Family aircraft, bringing the total of its
LEAP-powered A320neo Family aircraft to 60. The aircraft are scheduled for
delivery beginning in 2016. This newest engine order is valued at $510 million
U.S. at list price.

“Expanding our order for the LEAP engines to power more of ILFC’s Airbus
A320neo Family aircraft is a reflection of our company’s long-standing
commitment to providing our global customers with a choice of the industry’s
most technologically advanced products,” said ILFC Chief Executive Officer
Henri Courpron. “CFM is our largest aircraft engine supplier, and we continue
to look to the manufacturer’s future engine generation for advancements in new
technologies that offer operational and economic efficiencies for our
customers’ fleets.”

“This order is a continuation of what has already been a phenomenally good
relationship,” said Kevin McAllister, Vice President of Sales for CFM parent
company GE Aviation. “We are excited to bring all of the benefits of LEAP
technology ─ double-digit improvements in fuel burn, noise, and carbon and NOx
emissions with CFM reliability ─ to ILFC and its customers.”

“We believe these engines will prove to be real assets for ILFC and its
lessees,” said President and Chief Executive Officer of CFM International
Jean-Paul Ebanga. “The more testing we do, the more confident we become that
the LEAP family is a more than worthy successor to the CFM56 engines and will
become a critical part of airline fleets around the globe.”

CFM International (CFM) has set aggressive technical targets for the LEAP
program and testing to date confirms that the engine is meeting those goals.
Compared to today’s best engines, LEAP engines are expected to provide ILFC
customers with 15 percent better fuel efficiency, which equates to an equal
reduction in CO[2] emissions; a 50 percent margin compared to today’s oxides
of nitrogen (NOx) requirements; and meet the newly announced 2018 ICAO noise
requirements with significant margin, all with CFM’s legendary reliability and
comparable maintenance costs.

CFM13-018

About CFM

The LEAP engine family is a product of CFM International, a 50/50 joint
company between Snecma (Safran) and GE. CFM is the world’s largest commercial
aircraft engine supplier, and the company has delivered 25,000 engines to more
than 530 operators around the globe. The CFM56 fleet has logged more than 635
million flight hours in the past 30 years as the most reliable engines in the
air. www.cfmaeroengines.com

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 293 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.

Contact:

ILFC:
Paul Thibeau, T: 310.788.1999
pthibeau@ilfc.com
or
CFM International:
Jamie Jewell, T: 513.552.2790
M: 513.885.2282
jamie.jewell@ge.com
or
Rick Kennedy, T: 513.243.3372
M: 513.607.0609
rick.l.kennedy@ge.com
or
Giulia Lecarrié, T: 33.1.69.87.09.29
M: 33.6.42.40.17.19
giulia.lecarrie@snecma.fr