Deals
AIG Said in Sale Talks With AerCap on ILFC Jet-Leasing Unit
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American International Group Inc., which has been unable to complete the sale of its jet-leasing business to a group of Chinese bidders, is now in talks to sell that unit to AerCap Holdings NV, people with knowledge of the matter said.
AIG hasn’t formally terminated its accord with the Chinese group that said in 2012 it would buy a majority of International Lease Finance Corp. for about $4.2 billion, said one person, who asked not to be identified because details are private. AerCap, the largest independent plane lessor, may work with other bidders, two people said. AerCap rose the most in 17 months.