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AeroTurbine Signs Ten-Year CRJ900 Material Support Agreement with Pluna Airlines

Dépèche transmise le 2 février 2012 par Business Wire

MIAMI--(BUSINESS WIRE)--AeroTurbine Inc., a wholly owned subsidiary of International Lease Finance Corporation (ILFC), announced today that it has entered into an exclusive ten-year Supply Chain Agreement supporting Pluna Airlines’ fleet of CRJ900 aircraft.

“We conducted a very thorough competitive analysis and concluded that AeroTurbine’s solution best matched our operational and financial objectives. Finding the right supply chain partner is very important and we are confident in our choice of AeroTurbine”

This agreement designates AeroTurbine to be responsible for providing material support for an initial 13 CRJ900 aircraft. AeroTurbine’s comprehensive support includes providing onsite aircraft parts inventory, pool stock access in the United States, and complete repair vendor management.

AeroTurbine President and CEO Michael King commented, “We are very proud to have been selected by Pluna to support 100% of the material requirements for their growing fleet of CRJ900 aircraft over the next ten years. This flying-hour agreement is a proven example of the value-based services, which AeroTurbine offers to its customers.”

“We conducted a very thorough competitive analysis and concluded that AeroTurbine’s solution best matched our operational and financial objectives. Finding the right supply chain partner is very important and we are confident in our choice of AeroTurbine,” said Pluna Airlines Vice President of Operations, Martin Harrison.

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

Business Wire

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