Market Overview

AIG Subsidiary ILFC to Purchase 50 Incremental Airbus A320neo Family Aircraft from Airbus

Related AIG
Financial Crisis Bailouts: What Did They Actually Cost Taxpayers?
AIG Provides Expanded $1B Casualty Capacity For North American Rail Companies
Lamentations of a Put Seller (Fox Business)

International Lease Finance Corporation (ILFC), a wholly owned
subsidiary of American International Group, Inc. (NYSE: AIG), announced
today that it has exercised options to purchase 50 incremental A320neo
Family aircraft from Airbus (OTC: EADSY) that were part of the agreement signed in
April 2011 for 100 firm A320neo Family aircraft.

“The A320neo Family has proven to be very successful in the marketplace,
and the exercise of these options is a logical extension of our current
fleet strategy,” said ILFC Chief Executive Officer Henri Courpron. “This
order further reinforces our belief in the value and operational
efficiencies these neos will provide to our global customers.”

ILFC was the first leasing company to order the Airbus A320neo Family

See full press release

Posted-In: News Guidance Contracts Asset Sales Management Global

 

Related Articles (AIG + EADSY)

Around the Web, We're Loving...

Get Benzinga's Newsletters