LOS ANGELES--()--International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it will establish offices in Beijing and Singapore in 2012. In addition, the company has named David A. Nixon as Senior Vice President and Head of Asia Pacific. Over a third of ILFC’s annual lease revenue is generated in the Asia Pacific region. These new offices will further strengthen ILFC’s relationships with airline customers in the region.
ILFC Chief Executive Officer Henri Courpron commented, “As ILFC moves forward, we are positioning ourselves to be closer and more responsive to our airline customers around the world. With Dave Nixon’s leadership and our new offices in Beijing and Singapore, we seek to expand our presence in the Asia Pacific region, which will continue to grow in significance and importance in the global aviation market.”
David A. Nixon was previously ILFC’s Head of Transactions, and as part of the regionalization strategy, he has recently assumed the position of Head of ILFC Asia Pacific. In this role, he will oversee the creation of offices in Beijing and Singapore as well as lead the efforts to strengthen ILFC’s presence there.
ILFC has also recently opened a new regional office in Amsterdam that provides comprehensive services to its customers in Europe, the Middle East and Africa.
About ILFC
ILFC is the world’s largest independent aircraft lessor measured by number of owned aircraft. ILFC’s portfolio consists of over 1,000 owned or managed aircraft, as well as commitments to purchase 252 new high-demand, fuel-efficient aircraft and rights to purchase an additional 50 such aircraft. www.ilfc.com
About AIG
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.