International Lease Finance Corporation
The International Lease Finance Corporation (ILFC) is an aircraft lessor headquartered in the Constellation Place (formerly the MGM Tower) in Century City, Los Angeles, California.
It is the world's largest aircraft lessor by value, though ILFC's rival, General Electric's GECAS unit, has more aircraft. It leases Boeing and Airbus aircraft to major airlines worldwide, including Aeroméxico, Air Canada, Asiana Airlines, Korean Air, Cathay Pacific, Cyprus Airways, Air France-KLM, Lufthansa, Alaska Airlines, American Airlines, Air India, United Airlines, Norwegian Air Shuttle, Pakistan International Airlines, Emirates, Gulf Air and most recently, Delta Air Lines.
Father and son team Leslie Gonda and Louis L. Gonda founded ILFC in 1973 along with Steven F. Udvar-Hazy. The company was acquired by international insurance giant AIG in 1990, although the unit was still run by Udvar-Hazy until he retired in February 2010; he was succeeded by vice-chairman Alan Lund. Henri Courpron, a former Airbus executive, was appointed as president and CEO of ILFC in May 2010.
On September 2, 2011, AIG filed with the SEC to spin off ILFC in an initial public offering.
Read more about International Lease Finance Corporation: Corporate Affairs, Gallery
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