International Lease Finance Corp. (ILFC) and its parent American International Group (AIG) have filed a civil lawsuit in a Los Angeles court against Air Lease Corp. (ALC) and its chairman and CEO, Steven Udvar-Hazy, as well as a number of other top ALC executives, seeking damages that it said may reach “several hundreds of millions” of dollars “or more.” ILFC said in the court filing that Udvar-Hazy, the founder and CEO of the aircraft lessor until his 2010 ...

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.

Already registered? here.