ILFC history

ILFC went public in 1983 on the over-the-counter market; its three founders retained 58 percent of its ownership after the transaction.

ILFC's profits rose 55 percent to $51.2 million in 1987 on revenues of $179.6 million--mostly from lease payments.

In May 1988 ILFC announced orders for 100 Boeing and 30 Airbus airplanes worth $5.04 billion--the largest single purchase of commercial aircraft to that date.

ILFC posted pre-tax profits of $139.7 million in 1991.

Airbus won a $4 billion order for 65 aircraft from ILFC, its largest customer, in September 1997.

2001: ILFC gives Airbus its largest order ever, worth $8.7 billion.

At the same time, Boeing announced plans to triple the size of its financial services division by 2006, noted the Financial Times.

On September 2, 2011, AIG filed with the SEC to spin off ILFC in an initial public offering.

In December 2012, AIG announced that it was selling a 90% stake in the company to a consortium of Chinese companies consisting of New China Trust, New China Life Insurance, P3 Investments and the China Aviation Industrial Fund to raise funds to repay its US$182B government bailout.