Financial Times FT.com

Buy-out groups eye AIG aircraft leasing unit

By Julie MacIntosh, Justin Baer and Francesco Guerrera in New York and Martin Arnold in London

Published: January 17 2009 00:09 | Last updated: January 17 2009 00:09

Several private equity firms have registered an interest in International Lease Finance Corporation, the aircraft leasing arm of AIG, and are combing through the company’s financial information before making formal bids, according to people close to the matter.

TPG, Terra Firma, Carlyle and KKR are reviewing data provided by ILFC as part of its attempted sale, though AIG may not receive full-fledged offers for the business for several weeks.

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