ILFC to Lease Airbus A320-200 Aircraft to Aircalin

LOS ANGELES—(BUSINESS WIRE)—International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has signed an agreement with Air Calédonie International (Aircalin), New Caledonia’s international airline, for the lease of a used Airbus A320-200. The aircraft will support the airline’s efforts to meet growing demand for air travel in the region.

“ILFC is pleased to welcome Aircalin as our newest airline customer in Asia Pacific,” said ILFC Vice President Peter Anderson. “We look forward to building our relationship with Aircalin and providing the airline with customized fleet solutions that will support the expansion of their business to meet the region’s rising air passenger traffic.”

Aircalin CEO Didier Tappero enthuses about this agreement. “We needed to integrate another aircraft into our fleet in order to implement our business plan for the coming years. We are now able to launch the actions we have been working on for several months, especially in cooperation with the New Caledonia Tourism Industry and the opening of a new Aircalin line to Melbourne.”

The aircraft is scheduled for delivery in the middle of 2014 and will mark the addition of the second Airbus A320 to the airline’s fleet. The aircraft will be equipped with IAE V2500 engines and configured to have 8 business and 150 economy class seats. It will operate on Aircalin’s regional network, which connects its Nouméa base in New Caledonia with Japan, Australia, New Zealand and major South Pacific Islands.