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Possible AIG sale due in early Dec-2009, aircraft lessors trade down – Suppliers Share Wrap

Analysis

An agreement to sell-off parts of American International Group's (AIG) ILFC aircraft leasing business may be made as early as next week, according to media reports. ILFC CEO Steven Udvar-Házy may reportedly double his planned bid for ILFC from USD2 billion to USD4 billion, with cooperation from Onex, Greenbriar and Canada Pension Plan.

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