International Lease Finance Corporation

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International Lease Finance Corporation (ILFC)
Type Division
Industry Aircraft leasing and sales
Founded 1973
Headquarters Los Angeles, California, U.S.
Key people Henri Courpron, CEO
Fred Cromer, President
Revenue increase US$4.73 billion (2007)
Net income increase US$604 million (2007)
Employees 170
Parent American International Group
Website www.ilfc.com

The International Lease Finance Corporation (ILFC) is an aircraft lessor headquartered in Century City, Los Angeles, California.[1]

It is the world's largest aircraft lessor by value, though ILFC's rival, General Electric's GECAS unit, has more aircraft. It leases Boeing and Airbus aircraft to major airlines worldwide, including AeroMexico, Air Canada, Asiana Airlines, Korean Air, Cathay Pacific, Cyprus Airways, Air France-KLM, Lufthansa, Alaska Airlines, American Airlines, Air India, Continental Airlines, Norwegian Air Shuttle, Mexicana, Pakistan International Airlines, Emirates Airline, Gulf Air and most recently, Delta Air Lines.

Father and son team Leslie Gonda and Louis L. Gonda founded ILFC in 1973 along with Steven F. Udvar-Hazy. The company was acquired by international insurance giant AIG in 1990, although the unit was still run by Udvar-Hazy until he retired in February 2010; he was succeeded by vice-chairman Alan Lund. Henri Courpron, a former Airbus executive, was appointed as president and CEO of ILFC in May 2010.

On September 2, 2011, AIG filed with the SEC to spin off ILFC in an initial public offering.[2][3][4][5][6][7][8][9][10]

[edit] Customers

[edit] References

  1. ^ "Contact Us". International Lease Finance Corporation. Retrieved May 6, 2011.
  2. ^ "AIG-backed ILFC files for IPO". Renaissance Capital. September 2, 2011. http://www.renaissancecapital.com/ipohome/news/AIG-backed-ILFC-files-for-IPO-10256.html. Retrieved October 20, 2011. 
  3. ^ "ILFC Upsizes Committed Secured Loan to $1.5 Billion" (Press release). ILFC. April 21, 2011. http://207.45.187.42/~ilfc01/viewArticle.php?id=297. Retrieved October 20, 2011. 
  4. ^ "ILFC Announces Commencement of Exchange Offer" (Press release). ILFC. April 6, 2011. http://207.45.187.42/~ilfc01/viewArticle.php?id=296. Retrieved October 20, 2011. 
  5. ^ "ILFC Enters Into $1.3 Billion Committed Secured Loan with Right to Upsize: Diverse Group of Global Banks To Participate" (Press release). ILFC. March 31, 2011. http://207.45.187.42/~ilfc01/viewArticle.php?id=294. Retrieved October 20, 2011. 
  6. ^ "ILFC Names Fred Cromer President" (Press release). ILFC. March 31, 2011. http://207.45.187.42/~ilfc01/viewArticle.php?id=295. Retrieved October 20, 2011. 
  7. ^ "Cathay Pacific Airways to Lease Two A350s from ILFC" (Press release). ILFC. March 9, 2011. http://207.45.187.42/~ilfc01/viewArticle.php?id=293. Retrieved October 20, 2011. 
  8. ^ "ILFC Orders Aircraft from Airbus and Boeing" (Press release). ILFC. March 8, 2011. http://207.45.187.42/~ilfc01/viewArticle.php?id=292. Retrieved October 20, 2011. 
  9. ^ "ILFC Enters Into $2 Billion Committed Unsecured Credit Line – Action Continues Improved Funding Flexibility and Diversity" (Press release). ILFC. October 20, 2011. http://207.45.187.42/~ilfc01/viewArticle.php?id=291. Retrieved October 20, 2011. 
  10. ^ "ILFC to Open Office in Europe Colin Bole Named SVP, Head of Europe, Middle East and Africa" (Press release). ILFC. January 26, 2011. http://207.45.187.42/~ilfc01/viewArticle.php?id=290. Retrieved October 20, 2011. 

[edit] External links

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