International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced delivery of a Boeing 737-800 to China United Airlines, a subsidiary of China Eastern Airlines Corporation Limited. This aircraft will expand the airline’s current fleet of B737-800s.
ILFC Executive Vice President and Chief Marketing Officer Philip G. Scruggs commented, “As ILFC continues to grow its presence and support for the airlines in the Chinese market, the delivery of this Boeing 737-800 will allow China United to support the region’s robust traffic growth with the most modern equipment in the market today.”
ILFC is the largest aircraft lessor in China with a 30 percent market share. ILFC currently has more than 175 aircraft leased to 16 airlines in the Greater China region.
Source: International Lease Finance Corporation
Date: Nov 13, 2012