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Statement From Air Lease Corporation Regarding AIG's Lawsuit

Dépèche transmise le 24 avril 2012 par Business Wire

Statement From Air Lease Corporation Regarding AIG's Lawsuit

LOS ANGELES--(BUSINESS WIRE)--Air Lease Corporation today made the following statement:

Since Air Lease Corporation’s founding in 2010, it has experienced terrific success in the marketplace and among investors. In contrast, following AIG’s financial collapse, its subsidiary International Lease Finance Corporation has struggled with an aging fleet, heavy debt load, and loss of talent, and has failed to complete a planned IPO. Unable to compete effectively and perceiving Air Lease as a growing threat, AIG/ILFC has now resorted to a baseless trade secrets lawsuit that Air Lease will vigorously contest and defeat. And while AIG/ILFC wastes its time in court, Air Lease – under the leadership of Steve Udvar-Házy, one of the most influential figures in the aircraft leasing industry – will continue to focus on providing the best products and services for airlines worldwide.