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Chinese consortium purchases an 80.1% stake in ILFC, one of the largest aircraft lessors worldwide

New York, USA - The Asian group has an option to increase its participation to 90%

Confirming rumours which circulated during the past days (AVIONEWS) American International Group Inc (AIG) announced an agreement to sell the 80.1% of the stock of shares of its subsidiary International Lease Finance Corporation (ILFC) to a Chinese consortium which is constituted by New China Trust Co Ltd, China Aviation Industrial Fund and P3 Investments Ltd. The sale provides the payment of 4.23...

AVIONEWS - World Aeronautical Press Agency - 1148106

AVIONEWS - World Aeronautical Press Agency
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