Former Northwest Airlines President and CEO Doug Steenland has replaced founder and CEO Steven Udvar-Hazy as chairman of ILFC, according to the lessor's website, while The Wall Street Journal cited sources who indicated that Udvar-Hazy could leave the company as early as this week. The newspaper said Steenland joined ILFC last month. The lessor reported a $245.8 million third-quarter profit (ATWOnline, Nov. 16, 2009) and received a $2 billion loan from parent American International Group, ...

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