ILFC Announces 114 Aircraft Leases | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 01.15.18

Airborne-UnManned 01.16.18

Airborne 01.17.18

AMA Drone Report 01.11.18

Airborne 01.12.18

Airborne-YouTube

Airborne 01.15.18

Airborne-UnManned 01.16.18

Airborne 01.17.18

AMA Drone Report 01.11.18

Airborne 01.12.18

Mon, Jun 20, 2011

ILFC Announces 114 Aircraft Leases

Company CEO Says Focus Is On "Expanding Customer Relationships"

International Lease Finance Corporation (ILFC), which is owned by American International Group, announced Thursday that it has entered into 114 lease commitments so far in 2011.

ILFC Chief Executive Officer, Henri Courpron commented, “ILFC’s focus today is on expanding our customer relationships around the world and our lease activity is responding positively. Airlines are acknowledging ILFC’s financial strength and the appeal of our portfolio and order book.”

2011 Year-to-date highlights:

  • Entered into 114 lease commitments
  • Ordered 100 Airbus A320neo family aircraft and 33 Boeing 737-800s
  • Secured term loan facility for $1.5 billion with sixteen banks worldwide
  • Obtained unsecured Bank Revolver for $2 billion with eleven global banks
  • Raised $2.25 billion in unsecured public debt issued in two tranches at interest rate of 5.75% and 6.25% for five year and eight year maturities, respectively. More than 175 investors included in each tranche
  • Completed tender offer of $1.75 billion for bond maturities in 2012 and 2013 to continue efforts to better distribute annual debt maturities
  • Optimized mix of fixed versus floating debt to protect against rising interest rates
  • Opened office in Amsterdam to address Europe, Middle East, and Africa
  • Currently planning further office expansion in Asia Pacific region
FMI: www.ilfc.com, www.aig.com
 

Advertisement

More News

AMA Drone Report 01.11.18: Hobbico Chapter 11, New Tello Drone, Karma Killed

Also: Huerta Steps Down, NJ Considering Drone DUI, UK Drone Collision Study, Team Futaba In a bit of bad news we did not need, one of the hobby industry’s biggest players is >[...]

Airborne-Unmanned 01.09.18: GoPro Kills Karma, Solar HALE UAS, Aptiv And Lyft

Also: Aurora Flight Sciences Award, Kratos Contract, MacDill AFB, Property Drone Consortium GoPro announced in its most recent earnings report that it is exiting the camera drone m>[...]

Airborne 01.15.18: SpaceShipTwo Update, Intel CEO Flies Volocopter, R66 Global

Also: Workhorse SureFly Not Flying Yet, GovSat-1, ‘Even More Girls-In Tech’, Alaska A/L VSS Unity has successfully completed her seventh glide flight. In the few months>[...]

Airborne 01.12.18: JetPack!!!, Bell Heli at CES, Zuma Failure

Also: Alitalia Damages Viola, Gogo AVANCE L3, United Airlines ALPA MEC, Fat Shark Drone Racing Training Kit With one ‘FAA approved’ jetpack allegedly to its credit, Jet>[...]

Airborne 01.15.18: SpaceShipTwo Update, Intel CEO Flies Volocopter, R66 Global

Also: Workhorse SureFly Not Flying Yet, GovSat-1, ‘Even More Girls-In Tech’, Alaska A/L VSS Unity has successfully completed her seventh glide flight. In the few months>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2018 Web Development & Design by Pauli Systems, LC