This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

ILFC Awarded 2013 Lessor Of The Year

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today it is proud to have been announced the winner of the ‘Aviation 100’ Lessor of the Year Award 2013 by Airline Economics. ILFC Chief Finance Officer Elias Habayeb was also named the 2013 CFO of the Year by the publication.

“These two awards are a true reflection of the entire ILFC team’s efforts and resulting successes achieved over the past year,” said ILFC Chief Executive Officer Henri Courpron. “I am pleased to see our industry peers recognize ILFC and its employees for their skill sets and expertise. Our strategy and focus have never been stronger in our commitment to delivering the most advanced fleet solutions to our airline customers around the world.”

“ILFC has had a wonderful period under current management. The company has reorganized and deleted debt, increased its customer base, drastically improved its cost of financing and in the process has secured a strong future for the business. In 2012, ILFC got the company in shape to ensure a swift and highly advantageous sale, while it continued to improve services to its customers, specifically with the continued growth of the AeroTurbine unit. This year ILFC was ranked first in the Aviation 100 survey by its peers by a significant margin; it is a very well deserved win for the team,” said Philip Tozer-Pennington, managing editor of Airline Economics.

“The Aviation 100 Chief Financial Officer of the Year, Elias Habayeb, and his team have succeeded in reducing ILFC’s debt considerably and have steered the company through a tremendously difficult economic period through to its successful sale to be closed shortly,” added Tozer-Pennington.

ILFC has rebuilt itself over the past three years, diversifying its global funding sources and securing $23 billion in new liquidity. The company also expanded regional support for its global customer base by opening new offices in Amsterdam, Beijing and Singapore, and increased its focus on aircraft portfolio management, including the successful acquisition of AeroTurbine in 2011, which allows the company to provide end-of-life solutions for older aircraft.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,114.66 +43.44 0.25%
S&P 500 1,982.47 +4.67 0.24%
NASDAQ 4,516.8170 +10.9650 0.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs