AIG Subsidiary Orders Aircraft from Airbus and Boeing

International Lease Finance Corporation, a wholly owned subsidiary of American International Group, Inc. AIG, today announced that it has signed a memorandum of understanding for the purchase of 100 A320NEO family aircraft from Airbus and a purchase agreement for 33 737-800 aircraft from Boeing BA.

These decisions follow a year in which ILFC regained access to substantial liquidity with initiatives that led to $14 billion in financings and aircraft sales followed by a $2 billion revolving unsecured line of credit from eleven banks. For the year ended December 31, 2010, the company recorded strong revenues and cash flow from operations, positioning ILFC for future growth.