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 12.17.14 ** HD iPad-Friendly -- Airborne 12.17.14 **
** Airborne 12.15.14 ** HD iPad-Friendly -- Airborne 12.15.14 **
** Airborne 12.12.14 ** HD iPad-Friendly -- Airborne 12.12.14 **

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 12.17.14: Evergreen Woes, Foolish Pilot Tricks, No 757 Replacement--Yet

Also: $1M Aero-Photo, Draken Gets A-4s, 'Super Dell' Acts Super Dumb, Legendary Bell 47, Osprey Hours Evergreen Vintage Aircraft, LLC, the company that owns many of the aircraft on>[...]

Aero-TV: Redbird's Roger Sharp -- Pushing The Aero-Educational Envelope

One of The Most Important Aspects of GA is Flight Training... But Is The Industry Keeping Up With The Times? While at the Redbird Migration 2014, ANN CEO and Editor-In-Chief, Jim C>[...]

Aero-News: Quote Of The Day (12.19.14)

"This sale enables us to focus on improving Heathrow for passengers and winning support for Heathrow expansion." Source: John Holland-Kaye, Chief Executive of Heathrow.>[...]

AD: Airbus Airplanes

AD NUMBER: AD 2014-25-06 PRODUCT: All Airbus Model A300 series airplanes; Airbus Model A300 B4-600, B4-600R, and F4-600R series airplanes, and Model A300 C4-605R Variant F airplane>[...]

ANN's Daily Aero-Linx (12.19.14)

How GPS Works We know it sometimes seems like a magic box that knows all and tells all, but the basics of how your GPS works are really pretty simple.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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