AIG in talks to sell aircraft-leasing company

Insurance hulk American International Group Inc. is in talks to sell a 90% interest in a Century City aircraft-leasing association to Chinese investors.

AIG suggested in a matter Friday that talks to sell International Lease Finance Corp. were underway. The New York word association has been perplexing to unpack a section given 2008, when AIG scarcely collapsed and was forced to go underneath supervision control.

The leasing company, improved famous as ILFC, buys aircraft and rents them to airlines for a bound period. With plush domicile during Constellation Place, before famous as MGM Tower, a association has business relations with scarcely each vital airline around a globe.

“AIG has consistently settled that ILFC is a non-core asset,” a matter said. “Any probable transaction

Read full article: http://www.guardian.co.uk/society/2012/nov/28/doctors-strikes-called-off-scotland

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Source:
http://www.ezonearticle.com/2012/12/07/aig-in-talks-to-sell-aircraft-leasing-company/