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This insurance company yard sale of sorts had outside investors picking up everything from financial units, to AIG's Big Sale: Aircraft Leasing, $4.2B OBO Skip to main content
Father and son team Leslie Gonda and Louis L. Gonda founded ILFC in 1973 along with Steven F. Udvar-Házy. [citation needed] The company was acquired by international insurance giant American International Group (AIG) in 1990, although the unit was still run by Udvar-Hazy until he retired in February 2010, when he was succeeded by vice-chairman Alan Lund.
An aircraft leasing arm of American International Group (AIG) snagged a deal to sell 53 airplanes to Macquarie Aerospace, in a deal worth nearly $2 billion, AIG announced late Tuesday night. The ...
AIG has released its Q4 and 2012 results. For the quarter, the company posted a net loss of $4.0 billion ($2.68 per diluted share), a sharp drop from Q4 2011's profit of $21.5 billion ($11.31).
In 1992 Spectrum Aircraft of Surrey, British Columbia, the manufacturer of the Spectrum Beaver aircraft line, went out of business and the following year ASAP began making parts for the existing RX-28, RX-35 and RX-550 Beaver fleet. In 1996, after a similar development program to the Chinook Plus 2, ASAP introduced an improved two-seat Beaver ...
AIG owns International Lease Finance Corporation (ILFC), the world's largest aircraft leasing company, with hundreds of aircraft including the full range of Boeing and Airbus jetliners, as well as the McDonnell Douglas MD-11 and MD-80 Series. Total assets under lease are $55 billion as of June 30, 2008.
WASHINGTON (Reuters) -Investigators plan to push forward on Friday with efforts to retrieve the two aircraft involved in a crash in Washington that killed 67 people and raised questions about air ...
American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. [5] As of 2023, AIG employed 25,200 people. [6] The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary.