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AIG Involved in Yemen Plane Crash

Stock quotes in this article: AIG , BA , LCC  

The Airbus plane that crashed off Comoros Island, according to Reuters, was owned and leased by a subsidiary of AIG.

Yesterday, TheStreet reported that AIG is the largest consumer of Airbus and Boeing(BA Quote) planes, as the owner of a fleet of about 955 aircraft, through its subsidiary International Lease Finance.

The ILFC subsidiary has been a cash cow for AIG, and the insurer is currently in the process of looking to sell the company to help repay its massive $180 billion government debt. ...

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