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ILFC plans IPO; AIG to dispose 80% of lessor within 3 years

Aircraft leasing giant International Lease Finance Corp. (ILFC) filed a registration statement Friday with the US Securities and Exchange Commission to launch an initial public offering that will pave the way for it to largely break away from troubled parent American International Group.

ILFC 737-800. Courtesy, Boeing Aircraft leasing giant International Lease Finance Corp. (ILFC) filed a registration statement Friday with the US Securities and Exchange Commission to launch an initial public offering that will pave the way for it to largely break away from troubled parent American International Group. AIG Capital, the unit within AIG that holds Los Angeles-based ILFC, "must dispose of more than 50% by value of its interest in us within two years after the ...

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