Report: AIG selling aircraft-leasing arm
|United Press International|
The insurance giant, based in
The statement said AIG "has consistently stated that ILFC is a non-core asset."
AIG has been trying to find a buyer for ILFC since 2008, when AIG when it was temporarily placed under the control of the U.S. government during the financial meltdown, the
ILFC -- one of the largest aircraft leasing firms in the world -- owns 925 aircraft and leases planes most major airlines, the newspaper said.
"Any possible transaction involving ILFC would be subject to required regulatory approvals, including those in the U.S. and
In its most recent
AIG said it was in talks with a group of potential buyers that included
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