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AMERICAN INTERNATIONAL GROUP, INC.

(AIG)
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American International Group, Inc. : AeroTurbine Signs Renewal Agreement for Engine Material Support with Evergreen Aviation Technologies

01/25/2012 | 02:20pm EST

AeroTurbine Inc., a wholly owned subsidiary of International Lease Finance Corporation (ILFC), announced today that it has been awarded a renewal agreement for the support of CF6-80C2 engine material with Evergreen Aviation Technologies (EGAT). Under the agreement, AeroTurbine will be a preferred supplier to provide CF6-80C2 engine materials for engine work at EGAT.

"We are grateful for the opportunity to be selected by EGAT to provide our Carefree Material Solutions? on CF6-80C2 engine parts. We are looking forward to continuing our strong relationship with EGAT," AeroTurbine President and Chief Executive Officer Michael King commented.

About AeroTurbine

AeroTurbine offers the aviation industry access to one of the world's largest pools of certified aircraft engines, parts, and supply chain solutions. By leveraging our expertise and financial strength, our customers can choose solutions tailored to their operational and financial goals. www.aeroturbine.com

About ILFC

ILFC, a wholly owned subsidiary of American International Group, Inc., is the world's largest independent aircraft lessor measured by number of owned aircraft. ILFC's portfolio consists of over 1,000 owned or managed aircraft, as well as commitments to purchase 252 new high-demand, fuel-efficient aircraft and rights to purchase an additional 50 such aircraft. www.ilfc.com

About AIG

American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange. www.aig.com

International Lease Finance Corporation
Paul Thibeau, +1 310-788-1999
pthibeau@ilfc.com


© Business Wire 2012
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Financials (USD)
Sales 2021 47 066 M - -
Net income 2021 6 448 M - -
Net Debt 2021 - - -
P/E ratio 2021 7,69x
Yield 2021 2,23%
Capitalization 47 850 M 47 850 M -
Capi. / Sales 2021 1,02x
Capi. / Sales 2022 1,00x
Nbr of Employees 45 000
Free-Float -
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Number of Analysts 17
Last Close Price 57,63 $
Average target price 65,00 $
Spread / Average Target 12,8%
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Managers and Directors
Peter S. Zaffino Chairman, President, CEO, COO & Director
Shane Fitzsimons Chief Financial Officer & Executive Vice President
John P. Repko Chief Information Officer & Executive VP
Elaine Rocha Global Chief Investment Officer
Christopher S. Lynch Independent Director
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