2011年4月21日星期四

Udvar-Hazy-ready return ILFC to buy after the introduction on the stock exchange for Air rental

April 20, 2011, 7: 01 am EDT by Susanna Ray and Laura Lee

(Updates with comment from the CEO to the seventh paragraph).

April 20 (Bloomberg) - Steven Udvar-Hazy, who this week staged of offer of the biggest jet-rental industry, said it was "absolutely" interested to buy back the company he sold to American International Group Inc. in 1990 .udvar-Hazy said that he tried to "very hard" to buy International Lease Finance Corp. of AIG in 2009Lorsque the lessor has been tended by the woes of funding which stimulated the insurer based in New York to seek a federal bailout. "At this time, AIG priorities focused on the obligations of the Government, refund"Udvar-Hazy said today in an interview with Bloomberg Television in New York." "" Once the Commission of AIG is the determination of what they want to do with ILFC and the back of Government plan, then I think that we will be certainly ready to sit at the table".AIG said in February that it will review the collection of CFLI funds based in Los Angeles, without giving a timetable for a sale. Udvar-Hazy has left the company of leasing in February 2010 and has begun to Air lease Corp., whose shares began trading yesterday on the New York Stock Exchange.Mark Herr, a spokesman for the AIG, refused to comment on. AIG has collected more than 50 billion divesting assets including the divisions of non-American since his bailout 2008 life insurance. AIG said this week, it agreed to sell a car rental unit to Perella Weinberg Partners LP. "" Big business ""It is a large company,"said Udvar-Hazy of ILFC. "I hope that we can work together at some point in the future."The lease of the air fleet has 53 aircraft and will expand to 100 aircraft by the end of 2011 and 500 in the next five years, said Udvar-Hazy, President and CEO of the company based in Los Angeles. The "primary growth will be organic," said Udvar - Hazy .air lease said yesterday that he exercised the option full over-allotment, meaning that the company sold 34.8 million shares this week to collect $ 868 million after deduction of the expenses of the introduction on the stock exchange.AIG rose 23 cents to $32.35 at 4 p.m. in New York Stock Exchange trading, its first gain after 10 declines composite. Lease air rose 15 cents to $28.10's .udvar-Hazy, ILFC for AIG sale made him a billionaire. When the so-called Godfather of the rental of jet left CFLI last year, he was managing a fleet of approximately 1,000 aircraft valued at about $ 44 billion. Now 65, he said that he did not intend to retire. "It is an exciting activity,"he says.

-With the help of Brooke Hawkins and Noah Buhayar in New York. Editors: Ed Dufner, Dan Kraut

To contact the reporters on this story: Susanna Ray to Seattle to sray7@bloomberg.net; Laura Lee in New York at the llee17@bloomberg.net

To contact the editor responsible for this story: Ed Dufner at edufner@bloomberg.net


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