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ILFC bullish about future; portfolio stands at USD45bn

5-Aug-2010 10:44 AM

International Lease Finance's (ILFC) new CEO, Henri Courpron, stated the company is bullish about its future, despite fresh competition from new entrants, such as Air Lease, led by ILFC founder Steve Udvar-Hazy (insurancenewsnet, 04-Aug-2010). Mr Courpron added ILFC's portfolio is worth approximately USD45 billion, with a further USD13 billion-14 billion worth of aircraft yet to be ordered. The company currently has 1,000 aircraft placed with 200 operators.

ILFC: "We are the largest leasing company in the world. They are a paper operation, so what they achieve over the next few years will be completely different to us,. It will take them 20 years of perfect execution to get to where ILFC is today," Henri Courpron, CEO. Source: insurancenewsnet, 04-Aug-2010.