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Good results for ILFC, despite its unknown future

09 November 2009

ILFC reports a good third quarter.

Read more: ILFC third quarter results AIG Onex Greenbriar Private Equity

International Lease Finance Corporation’s (ILFC) third quarter income is up $245.8 million compared with $224.6 million for the same period in 2008. The aircraft leasing company has added 41 aircraft to its fleet since its 2008 third quarter results with rentals increasing by 6.9% to $1.35 billion.

 

In mid-October, the lessor entered into two loan agreements with parent American International Group (AIG)...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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