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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.
The sale comes as AIG is looking to get out from the. An aircraft leasing arm of American International Group (AIG) snagged a deal to sell 53 airplanes to Macquarie Aerospace, in a deal worth ...
That was largely due to the sale of. 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 ...
On November 1, 2010, AIG raised $36.71 billion from both the sale of ALICO and its IPO of AIA. Proceeds went to repay some of the aid it received from the government during the 2007–2008 financial crisis. [79] AIG sold its Taiwanese life insurance company Nan Shan Life to a consortium of buyers for $2.16 billion in January 2011. [80]
For example, if the launch vehicle being used had a one in ten failure rate, the insurance premium would be ten per cent of the gross cost. Today, insurers use statistics and computer modeling to arrive at premium rates, although data for calculations is limited. Another aspect of satellite insurance is the procedure attached to salvage.
This article explores the various reasons for rising aircraft repair costs and overall aviation insurance claims inflation. New Aircraft Construction Materials: A Double-Edged Sword. Innovation and Increased Complexity. A factor leading to higher repair and replacement costs is that aircraft values are increasing due to technological advances ...
Confirming the rumored sale of its aircraft leasing business, today AIG announced it has agreed to sell International Lease Finance Corporation (ILFC) to AerCap Holdings N.V. in a cash-and-stock ...
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related to: aircraft insurance salvage auction aigiaai.com has been visited by 10K+ users in the past month
1601 Thrailkill Road, Grove City, OH · Directions · (614) 875-7484