Aerolíneas Argentinas Agrees to Lease Four Airbus A330-200s from ILFC

  Aerolíneas Argentinas Agrees to Lease Four Airbus A330-200s from ILFC

Paris Air Show 2013

Business Wire

PARIS -- June 19, 2013

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of
American International Group, Inc. (NYSE: AIG), announced it has signed an
agreement to add four A330-200 widebody aircraft to the Aerolíneas Argentinas
(Aerolíneas) fleet this year.

“ILFC is honored to work with Aerolíneas to help support the airline’s
strategic initiatives to grow its fleet and increase the network of long-range
services throughout the region,” commented ILFC Chief Executive Officer Henri
Courpron. “We are delighted to introduce the A330-200 aircraft to the
Aerolíneas fleet. This transaction highlights ILFC’s unique ability to provide
a comprehensive, tailored fleet solution that meets our customer’s specific
requirements.”

“For the last four years and under the Argentine State managed turnaround,
Aerolíneas Argentinas has been committed to a solid business plan. Our
widebody fleet has been modernized and simplified to serve a very challenging
geographical network. On the process towards newer generation solutions, the
introduction of four A330-200 from very prestigious and long standing partner
ILFC represent a new step in the right direction,” said Sergio Garcia Gomez,
VP Fleet Planning. “These modern Airbus aircraft will provide the latest in
technologies and offer our passengers new levels of comfort and entertainment
options while onboard.”

The four previously operated aircraft will be completely modernized with new
cabin interiors including state-of-the-art Inflight Entertainment options
available in every seat. Deliveries of the aircraft are scheduled to take
place later this year.

About Aerolíneas Argentinas

Founded in 1950, Aerolíneas Argentinas is one of the leading South American
carriers. From its home bases in Aeroparque Jorge Newbery and Ezeiza
International Airport in Buenos Aires, Aerolíneas Argentinas flies to 18
international destinations in The Americas, Europe and the South Pacific.
Along with Austral Líneas Aéreas, Aerolíneas operates flights to 35
destinations in Argentina, flying to more cities in the Argentine territory
than any other airline. Aerolíneas provides dynamic links between Argentina
and the region through its relaunched hub in Aeroparque Jorge Newbery city
airport. The Aerolíneas group is carrying out an ambitious fleet renewal
program. With a target fleet size of 78 aircraft by 2015, today’s fleet has
seen age reductions by 50% to an average of 7 years and is composed of 57
aircraft (11 A340, 26 B737-700/800 and 20 E-190). The airline is a member of
the SkyTeam global alliance since September 2012. www.aerolineas.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

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:

International Lease Finance Corporation
Paul Thibeau, +1 310-788-1999
pthibeau@ilfc.com
 
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