Unable to arrange a purchase of the aircraft leasing giant he founded from parent American International Group, ILFC CEO Steven Udvar-Hazy retired from the company Friday. ILFC President and COO John Plueger, who has held those positions since 1995, will take on the role of acting CEO, AIG announced. Former Northwest Airlines President and CEO Doug Steenland joined the ILFC board last September and quietly replaced Udvar-Hazy as chairman in December, paving the way for his departure. Late ...

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