ILFC received a $2 billion loan from parent American International Group to pay off debt due last week, according to a filing with the US Securities and Exchange Commission cited in numerous press reports, further tying the lessor to the now majority government-owned insurance conglomerate (ATWOnline, Sept. 4). AIG already had pumped $1.7 billion of government money into ILFC in the spring. ILFC reportedly put up aircraft as collateral for the loans.
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