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ILFC Reaches Leasing Milestone With Boeing 787

February 28, 2014, 06:25 AM
Filed Under: Aircraft

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced that the company has secured more than 50 lease transactions for the new Boeing 787. ILFC owns the largest order book for Boeing’s newest aircraft with a total of 74 Dreamliners on order, of which five aircraft have already been delivered. ILFC was the first leasing company to take delivery of the 787.

“ILFC’s favorable position with its 787 inventory and early delivery dates has allowed us to work with our customers in assisting them to move sooner and faster into the next generation of aircraft," said ILFC Chief Executive Officer Henri Courpron.

Among the global airlines ILFC has lease agreements with for the Dreamliner are Aeromexico, Air Berlin, Air France, Ethiopian Airlines, KLM, LAN Airlines, Norwegian Air Shuttle, Royal Jordanian, Thai Airways, and Vietnam Airlines.

ILFC Executive Vice President and Chief Marketing Officer Philip G. Scruggs commented, “The 787 represents a new level of efficiency for long-haul operations and is a great solution for our airline customers.”

In addition to the 787 program, ILFC offers airlines similar benefits associated with early delivery schedules for new technology Airbus A350s and A320neos and Embraer E-Jets E2.

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