ILFC sale to Chinese group News

AIG Revives Plane Unit IPO After Continued Delay in China Sale

American International Group Inc. revived plans for an initial public offering of its plane- leasing unit after the insurer extended a deadline for a group of Chinese investors to buy the business. International Lease Finance Corp., the plane business owned …

AIG Receives Delayed Deposit on ILFC Sale

Insurer American International Group Inc. has received a delayed deposit payment from the Chinese consortium buying its ILFC airplane leasing business, AIG said in a regulatory filing on Wednesday. Last week AIG said it had not received the payment as …

China Group Missing Deposit Date Could Ground AIG’s Plane-Lease Sale

A Chinese group’s purchase of ILFC, one of the world’s largest airplane leasing businesses, could collapse after insurer American International Group Inc. said on Friday it did not receive a scheduled deposit payment. Under terms of the purchase agreement, the …

AIG’s $4.8 Billion Sale of Aircraft Unit to Chinese Group Faces U.S. Security Review

American International Group Inc. is to sell nearly all of ILFC , the world’s second-largest airplane leasing business, to a Chinese consortium for up to $4.8 billion, giving the fastest growing aviation market easier and cheaper access to planes. Chinese …