ILFC’s Subsidiary AeroTurbine Expands Its Aircraft Maintenance Facility

  ILFC’s Subsidiary AeroTurbine Expands Its Aircraft Maintenance Facility

     New Space is Geared to Provide MRO Services for Narrowbody Aircraft

Business Wire

MIAMI -- April 7, 2014

AeroTurbine, Inc., a wholly owned subsidiary of International Lease Finance
Corporation (ILFC), announced today that it has expanded its Aircraft
Maintenance, Repair & Overhaul (MRO) facility located in Goodyear, Arizona.
The expansion added a second hangar with an additional 100,000+ square feet of
space, in which the company will provide maintenance services for its growing
business of providing narrowbody aircraft maintenance and 757 P2F conversions.

“The addition of this new space provides a significant increase to our MRO
operations in Goodyear and will allow us to meet our current and future growth
requirements,” said AeroTurbine President and Chief Executive Officer, Michael
King. “The expanded facility is ideally suited to leverage our wide range of
engine and airframe products and services as well as our maintenance services
to support our customers’ narrowbody aircraft.”

Operating at Goodyear Airport, AeroTurbine's MRO facility now incorporates
352,000 square feet of hangar space and shops that support maintenance,
modifications, avionics installs, painting, storage and logistics as well as
disassembly for both widebody and narrowbody aircraft, and provides more than
34 acres of available aircraft storage.

In October 2013, AeroTurbine opened its state-of-the-art 264,000 square foot
facility in Miramar, Florida, which currently serves as the company’s new
headquarters and provides support for its core business lines, including
engine material, airframe material, asset leasing, and asset trading.

About AeroTurbine

AeroTurbine offers the aviation industry access to one of the world’s largest
pools of certified aircraft engines, parts, and supply chain solutions. By
leveraging our expertise and financial strength, our customers can choose
solutions tailored to their operational and financial goals.
www.aeroturbine.com

About ILFC

International Lease Finance Corporation (ILFC) is a global market leader in
the leasing and remarketing of commercial aircraft. With nearly 1,000 owned
and managed aircraft and commitments to purchase approximately 330 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,
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:

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