ISTAT Part 3: Lessors Panel: GECAS, ILFC, AWAS, Air Lease Corp

The final panel at the ISTAT meeting is the much-anticipated lessors’ panel consisting of: Jeff Knittle, president of CIT Aerospace, moderator; Henri Courpron, Chairman of ILFC; Ray Sisson, CEO of AWAS; Norman Liu, CEO of GECAS; and Steve… Read More

Hazy leaves ILFC

Steven Udvar-Hazy, co-founder of International Lease Finance Corp. and one of the most powerful voices in commercial aviation, retired on 5 February after more than 27 years in the leasing business. His departure from ILFC was expected since… Read More

ILFC in perspective

Update, March 26, 2:20PM PDT: Bloomberg News moved this piece in which ILFC’s CEO says he’ll get the lessor out from under AIG’s “cloud.” Original Post: Mega-lessor International Lease Finance Corp. filed its 2009 10K annual report March… Read More

Countdown for ILFC’s 10 A380s

The countdown is underway for the outstanding order of 10 Airbus A380s by mega-lessor International Lease Finance Corp. ILFC was an early customer for the super-jumbo jet and suffered two year delays along with the other customers when… Read More

Hazy has deal to buy ILFC

Bloomberg News has a story quoting the head of mega-lessor saying he has a deal to buy International Lease Finance Corp. from insurance giant AIG. ILFC is the largest customer of Airbus and Boeing. It owns and manages… Read More

ILFC gets $5.7bn in financing

Mega-lessor International Lease Finance Corp. (ILFC) obtained a $5.7 billion commercial paper financing via the Federal Reserve Bank Commercial Paper Funding Facility. This just goes to show what government ownership can do for you, after all. ILFC, of… Read More

Boeing stock down in ILFC issues

As any aviation advocate knows, the future of International Lease Finance Corp. is uncertain due to the problems at its parent, AIG. The US government has bailed out AIG for $85 billion (which would fund the acquisition of… Read More

ILFC 787s face 27+ month delay for all 74 orders

Leasing giant International Lease Finance Corp. revealed today in a federal filing that its entire order of Boeing 787s will be delayed “an average in excess of 27 months per aircraft and span across ILFC’s entire order.” The… Read More

When Hazy talks, people listen….

Steven Udvar-Hazy, the CEO of International Lease Finance Corp., carries enormous weight in the airline industry. His ILFC is the biggest customer of Airbus and Boeing. His public criticism of the A350 (Version 4.0) at the ISTAT conference… Read More