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It's no secret that American International Group has been looking to sell assets in the wake of its financial difficulties. This insurance company yard sale of sorts had outside investors picking ...
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 ...
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.
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 ...
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.
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 ]
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 ...
The group's aim was to motivate industry around the safe and environmentally responsible way of managing end-of-life aircraft. The original 11 members were Air Salvage International, Adherent Technologies, Bartin Group, The Boeing Company, Chateauroux Air Centre, Europe Aviation, Huron Valley Fritz, Milled Carbon, Rolls-Royce, and WINGNet.