Free Trial

Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Hazy to leave ILFC

25 January 2010

Steven Udvar-Hazy will leave operating lessor, International Lease Finance Corporation (ILFC), after a bid to purchase a portfolio of aircraft from parent, American International Group (AIG), was rejected.

Read more: [ILFC] [AIG] [Steven Udvar-Hazy] [John Plueger] [Douglas Steenland]

Founder and CEO of International Lease Finance Corporation (ILFC), Steven Udvar-Hazy, is going to resign from the operating leasing company owned by American International Group, according to the Wall Street Journal. His departure could come as early as this week according to reports.

The decision comes after sources working on the deal say that Hazy’s offer to buy an aircraft portfolio from AIG was rejected last week. The ILFC CEO was allowed to...


Poll

Does the 'Home Country Rule' give an unfair advantage to some airlines?

Yes
67%
No
33%