ILFC Finalizes E-Jets E2 Order with Embraer

  ILFC Finalizes E-Jets E2 Order with Embraer

    Deal Includes Firm Orders For 50 E-Jets E2 With Additional 50 Options

Business Wire

LOS ANGELES -- July 17, 2013

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of
American International Group, Inc. (NYSE: AIG), announced today that it has
finalized an order for the purchase of 50 E-Jets E2 aircraft from Embraer,
including 25 E190-E2 and 25 E195-E2. The order also includes options for an
additional 50 aircraft.

"This order for the E-Jets E2 aircraft is in line with our current fleet
strategy, which aims to provide our customers with a diverse mix of aircraft
for their market-specific needs," said ILFC Chief Executive Officer Henri
Courpron. "We see opportunities to place this new jet within ILFC's current
customer base in all of our worldwide markets. We will also leverage access to
the existing operators of the current version of Embraer to offer them the new
E2."

These ILFC jets will be powered by two PurePower engines. The PurePower family
of engines uses an advanced gear system allowing the engine’s fan to operate
at a different speed than the low-pressure compressor and turbine. The
combination of the gear system and an all-new advanced core deliver the
improvements in fuel efficiency, environmental emissions and noise.

Deliveries of the E-Jets E2 are expected to begin in 2018 and complete in
2023. The E-Jets E2 are configured with new aerodynamically advanced wings,
new engines, full fly-by-wire flight controls, and advancements in other
systems, which will result in double-digit improvements in fuel burn,
maintenance costs, emissions, and external noise.

About Embraer

Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest
manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading
exporters. Embraer’s headquarters are located in São José dos Campos, São
Paulo, and it has offices, industrial operations and customer service
facilities in Brazil, China, France, Portugal, Singapore, and the USA. Founded
in 1969, the Company designs, develops, manufactures and sells aircraft and
systems for the commercial aviation, executive aviation, and defense and
security segments. It also provides after sales support and services to
customers worldwide. For more information, please visit www.embraer.com.br.

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 336 new high-demand,
fuel-efficient aircraft with 50 options for the E-Jets E2, 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, +1 310-788-1999
pthibeau@ilfc.com
 
Press spacebar to pause and continue. Press esc to stop.