International Lease Finance Corporation (ILFC) was a leading aircraft leasing company that was acquired by AerCap in 2014.
ILFC was founded in 1973 by Robert L. Crandall.
ILFC was a subsidiary of American International Group (AIG) from 1987 until 2013.
ILFC's fleet consisted of over 1,000 aircraft at its peak.
ILFC Acquisition
ILFC was acquired by AerCap Holdings N.V. in 2014 for $30 billion, making it the largest aircraft leasing company in the world at the time.
This acquisition marked a significant shift in the industry, as AerCap became a major player in the leasing market.
ILFC's vast portfolio of over 2,000 aircraft was a major draw for AerCap, allowing them to expand their operations and increase their market share.
The acquisition also brought AerCap's fleet size to over 1,400 aircraft, making them one of the largest aircraft lessors in the world.
This deal was a game-changer for AerCap, giving them the resources and expertise to take on larger aircraft leasing contracts.
ILFC's experienced team and extensive network of airline customers also contributed to AerCap's success in the acquisition.
The acquisition was completed in December 2014, after receiving regulatory approvals in several countries.
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ILFC Details
ILFC was a leading aircraft lessor, with a portfolio of over 1,400 aircraft at its peak.
Founded in 1973, ILFC was a pioneer in the aircraft leasing industry, providing aircraft to over 200 airlines worldwide.
ILFC was acquired by AerCap in 2014, marking a significant milestone in the company's history.
Naics Code Meaning
The NAICS code is a crucial piece of information for businesses like International Lease Finance Corporation.
ILFC's NAICS codes are [532411, 48, 532, 5324, 53, 53241].
Breaking down these codes can help you understand the industry classification of ILFC.
The first part of the code, 532, represents the industry group for "Furniture and Fixtures Merchant Wholesalers".
ILFC's specific code, 532411, is a more detailed classification under this industry group, indicating "New and Used Household and Commercial Furniture Merchant Wholesalers".
This classification is further narrowed down by the code 48, which represents the industry group for "Utilities".
However, this code doesn't seem to be directly related to ILFC's main business activities.
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SIC Code
The SIC code is a crucial piece of information for any business.
The SIC code for International Lease Finance Corporation is 67 and 671.
ILFC's SIC codes are used to categorize its business activities.
ILFC's SIC codes indicate that it is involved in the finance and leasing industry.
ILFC's SIC code 67 is a more general classification, while code 671 is a more specific one.
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ILFC Leadership
ILFC Leadership is a key part of the company's success. Patty Cleary is the Vice president of International Lease Finance Corporation.
ILFC's leadership plays a crucial role in shaping the company's vision and direction. With Patty Cleary at the helm, the company is well-equipped to navigate the ever-changing aviation finance landscape.
Patty Cleary's experience and expertise will undoubtedly contribute to ILFC's continued growth and success.
Headquarters
The ILFC headquarters is located in a unique building in Century City, Los Angeles, California. Specifically, it's situated in Suite 3400 of the Constellation Place, formerly known as the MGM Tower.
The ILFC occupies the top six floors of the building, giving it a commanding presence in the area. This spacious setup allows for a total of 290 employees to work together as of March 2013.
The CEO's office is a particularly impressive space, featuring a working fireplace that adds a touch of warmth and elegance to the room.
Contents
ILFC is the world's largest aircraft lessor by value. It's a huge player in the industry.
ILFC leases Boeing and Airbus aircraft to major airlines worldwide. This includes some of the biggest names in the business.
ILFC's clients include Aeroméxico, Air Canada, and Asiana Airlines, among others. These airlines rely on ILFC for their aircraft needs.
ILFC also leases to Korean Air and Cathay Pacific, two of the most well-known airlines in the world. They're leaders in their respective markets.
ILFC's client list goes on and on, including Air France–KLM, Lufthansa, and Alaska Airlines. These airlines trust ILFC to provide them with the aircraft they need.
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ILFC even leases to some of the biggest names in the industry, like American Airlines and United Airlines. They're household names, and ILFC is proud to work with them.
ILFC has a diverse client base, including Emirates and Gulf Air from the Middle East. They're just two examples of the many airlines that rely on ILFC.
ILFC's client list is truly global, with airlines from all over the world working with them. They're a major player in the international aviation market.
ILFC's most recent client is Delta Air Lines, a major US airline. They're just one example of the many airlines that ILFC works with.
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Frequently Asked Questions
What is the history of ILFC?
ILFC was founded in 1973 by Gonda and Steven F. Udvar-Házy, and was later acquired by AIG in 1990. The company has since been led by notable industry leaders, including Udvar-Házy and Alan Lund.
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