AerCap Holdings News

AIG Exits Plane Leasing Business with $500M Sale of AerCap Stock

American International Group Inc. said it raised net proceeds of about $500 million selling stock of AerCap Holdings NV as the insurer completed its departure from the airplane-leasing business. The sale of 10.7 million shares ends AIG’s stake in AerCap, …

AIG Completes $7.6 Billion ILFC Sale to AerCap

AerCap Holdings NV completed its $7.6 billion purchase of International Lease Finance Corp., creating the largest independent jet-leasing firm and a windfall for seller American International Group Inc. ILFC, which pioneered the aircraft-leasing business under founder Steven Udvar-Hazy, is the …

AIG Could Gain Extra $2 Billion in Sale of Plane Leasing Unit

American International Group Inc. stands to get an extra $2 billion from the cash-and-stock sale of its plane-leasing unit after acquirer AerCap Holdings NV almost doubled in New York trading. AerCap has jumped since agreeing in December to buy AIG’s …

AIG to Sell Aircraft Leasing Unit ILFC for $5 Billion

American International Group Inc. agreed to sell the world’s second-largest aircraft lessor to AerCap Holdings NV for $5 billion after a group of Chinese bidders missed deadlines to purchase the business. AerCap will acquire all of International Lease Finance Corp. …

AIG in Talks to Sell Aircraft Leasing Unit ILFS to AerCap

Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports. Netherlands-based AerCap, the world’s largest independent aircraft lessor, may team up with other bidders for International Lease Finance Corp (ILFC), …