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 10.01.14 ** HD iPad-Friendly -- Airborne 10.01.14 **
** Airborne 09.29.14 ** HD iPad-Friendly -- Airborne 09.29.14 **
** Airborne 09.26.14 ** HD iPad-Friendly -- Airborne 09.26.14 **

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

Airborne 10.01.14: Sierra Nevada v NASA, A-29 Goes To Work, Be-200 Rebirth?

Also: PPC Bird's Eye View, Spitfires Return?, Cessna Sued Over 1981 Accident, Santa Monica Sues Pilot's Estate, Phase 1 Flight Testing Update Sierra Nevada Corporation (SNC) has fi>[...]

ANN's Daily Aero-Linx (10.02.14)

This site is intended to be a meeting place for those who rescue, shelter or foster animals, and volunteer pilots and plane owners willing to assist with the transportation of anim>[...]

ANN's Daily Aero-Term (10.02.14): Forward Flank Downdraft

The main region of downdraft in the forward, or leading, part of a supercell, where most of the heavy precipitation is located.>[...]

Aero-News: Quote Of The Day (10.02.14)

“I have something to tell you. But from now on you have to be really nice to me.” Source: Marsha Fulton of Covington, IN.>[...]

ANN FAQ: You Can Sponsor ANN And/Or Aero-TV!

Help ANN Grow So That We Can Be Of Greater Service To You! For the better part of a dozen years, ANN has set the pace for the growing and evolving aero-info revolution. No other ne>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC