January 22, 2014
ILFC concludes 281 lease transactions and orders 165 new aircraft in 2013
International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group (AIG), completed a total of 281 lease transactions in 2013 including both extensions and new leases of aircraft from ILFC’s portfolio. Furthermore, during 2013, the company ordered 165 new aircraft, purchased 38 aircraft (including the aircraft delivered on sale-leaseback agreements), sold 40 aircraft, and committed 14 aircraft to part-out. In 2013, ILFC enhanced its regional presence by expanding offices in Dublin and Singapore and further optimized the utilization of AeroTurbine in the sale and part-out of aircraft.