International Lease Finance Corporation (ILFC), a wholly owned
subsidiary of American International Group, Inc. (NYSE: AIG), announced
today the purchase and leaseback transaction with Emirates airline for
four new Boeing 777-300ER aircraft. Deliveries are scheduled to begin
this month and will be completed by January 2013.
“ILFC is proud to expand its existing strong commercial cooperation with
Emirates. ILFC already leases to Emirates a significant number of 777
aircraft, a proven and valuable aircraft in its fleet. It is important
for us to build on our relationship with Emirates - one of ILFC’s
largest customers and certainly one of the world’s leading airlines,”
said Colin Bole, ILFC Head of Europe, Middle East and Africa.
About Emirates
Emirates airline (www.emirates.com)
is one of the world's most successful and fastest growing airlines. With
a focus on high quality service and industry-leading products, Emirates
has received more than 500 international awards and accolades for
excellence since its inception in 1985. Emirates operates the world’s
largest fleet of Boeing 777 aircraft and now flies to 124 destinations
in 73 countries.
About ILFC
ILFC is the world’s largest independent aircraft lessor measured by
number of owned aircraft. ILFC’s portfolio consists of over 1,000 owned
or managed aircraft, as well as commitments to purchase 245 new high-
demand, fuel-efficient aircraft and rights to purchase an additional 50
such aircraft. www.ilfc.com
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. www.aig.com
