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Hazy to leave ILFC

25 January 2010

Steven Udvar-Hazy will leave operating lessor, International Lease Finance Corporation (ILFC), after a bid to purchase a portfolio of aircraft from parent, American International Group (AIG), was rejected.

Read more: ILFC AIG Steven Udvar-Hazy John Plueger Douglas Steenland

Founder and CEO of International Lease Finance Corporation (ILFC), Steven Udvar-Hazy, is going to resign from the operating leasing company owned by American International Group, according to the Wall Street Journal. His departure could come as early as this week according to reports.

The decision comes after sources working on the deal say that Hazy’s offer to buy an aircraft portfolio from AIG was rejected last week. The ILFC CEO was allowed to...


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