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, ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.