Leasing Company Orders 111 Planes.Expanding its fleet even as air travel declines in some regions, International Lease Finance Corp. of Century City has ordered more than 100 airplanes valued at $9.4 billion from Airbus Industrie. ILF ILF - Independent Logical File , a unit of insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. Inc., leases aircraft to airlines around the world. It will buy 10 of Airbus' 550-seat A-380s, 80 smaller A-320s and 21 of the A-330s, for a total of 111 planes. Meanwhile ILF reportedly is interested in buying Debis AirFinance from Daimler-Chrysler, which has suffered losses in its truck- and car-marking operations and has put its aircraft unit up for sale to raise cash. Daimler is looking to sell Debis AirFinance just seven months after it expanded the unit with the $750 million purchase of AerFi Group of Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. . With AerFi, AirFinance has a $5 billion portfolio of 222 planes owned or under management. |
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