AIG leasing unit looks to sell $3.5 billion in aircraft

03/3/2010 | Reuters

American International Group's International Lease Finance is marketing an aircraft portfolio worth as much as $3.5 billion, according to a regulatory filing. The sale would require the consideration of several factors, ILFC said. "In evaluating the bids, we are balancing the need for funds with the long-term value of holding aircraft and long-term prospects for us," the company said.

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