AIG Airplane Unit Repays $3.9 Billion Loan Ahead Of Schedule | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-SpecialEpisode-12.15.25

AirborneNextGen-
12.16.25

Airborne-Unlimited-12.10.25

Airborne-AffordableFlyers-12.11.25

AirborneUnlimited-12.12.25

AFE 2025 LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Tue, Aug 24, 2010

AIG Airplane Unit Repays $3.9 Billion Loan Ahead Of Schedule

Leasing Company Says It Can Now Operate Without Help From "Bailed Out" Parent

The aircraft leasing unit of American International Group (AIG) says it has repaid a $3.9 billion loan early, and has now regained its "financing freedom."

International Lease Finance Corp. says it should now be able to fund its self without assistance from its "bailed out" parent. The company worked out a $4.4 billion deal late last week to pay off a loan from the Federal Bank of New York made in 2009. The company said the loan was necessary to meet its obligations at the time.

The Wall Street Journal reports that ILFC manages nearly 1,000 aircraft. AIG had at one time determined that ILFC was a "non core asset" and had looked for a buyer for its airplane leasing arm. While AIG says now that the sale is "not imminent," a more stable financial picture could make ILFC a more attractive purchase.

ILFC reportedly has sold off some of its airplanes over the past year, but it still has orders on the books with Airbus and Boeing worth more than $13 billion. "We're not in a shrinking mode," said ILFC CEO Henri Courpron.

FMI: www.ilfc.com

Advertisement

More News

ANN's Daily Aero-Term (12.14.25): Local Airport Advisory (LAA)

Local Airport Advisory (LAA) A service available only in Alaska and provided by facilities that are located on the landing airport, have a discrete ground-to-air communication freq>[...]

Airborne 12.08.25: Samaritan’s Purse Hijack, FAA Med Relief, China Rocket Fail

Also: Cosmonaut Kicked Out, Airbus Scales Back, AF Silver Star, Russian A-60 Clobbered A Samaritan’s Purse humanitarian flight was hijacked on Tuesday, December 2, while atte>[...]

ANN's Daily Aero-Linx (12.15.25)

Aero Linx: Michigan Helicopter Association (MHA) The Michigan Helicopter Association (MHA) exists to bring together people who share an interest in helicopters, including private, >[...]

Airborne 12.10.25: New Gulfstream, ATC Integrator, Outrageous FFZ User Fees

Also: Airbus Acquisition, USCG Helo Sniper, Remember Pearl Harbor, New Thunderbird 1 Gulfstream’s newest addition to its next-gen lineup, the super-midsize G300, is officiall>[...]

Airborne-NextGen 12.09.25: Amazon Crash, China Rocket Accident, UAV Black Hawk

Also: Electra Goes Military, Miami Air Taxi, Hypersonics Lab, MagniX HeliStrom Amazon’s Prime Air drones are back in the spotlight after one of its newest MK30 delivery drone>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 10.03.25: Phantom 3500 Buy, ‘Chinese Military Company’, NOTAM Redesign

Airborne Affordable Flyers 10.02.25: MOSAIC Start Date, AFE25 Tickets, ePulitzer

Airborne 10.01.25: New Gulfstream G300, Affordable Flying Expo Tkts, Starship 11

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC