ILFC announced yesterday it will sell a portfolio of 53 aircraft with a book value of $2.3 billion to Macquarie Aerospace for $1.99 billion. Completion of the sale is slated to occur over the remainder of the year, subject to closing conditions. The sale will raise the average age of ILFC's fleet of approximately 1,000 jet aircraft from 7.4 years to 7.6 years, it said. According to Standard & Poor's, "This is the first sale of a large aircraft portfolio since the global financial and ...

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