ILFC and Azul Brazilian Airlines Sign Agreement to Lease Five Airbus A350-900 and Three A330-200 Aircraft
April 23 2014 - 9:30AM
Business Wire
Aircraft Will Support the Airline’s Debut
International Routes to the U.S.
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 Azul Brazilian
Airlines (Azul) to lease five Airbus A350-900 and three A330-200
aircraft. The aircraft will be operated on the airline’s new
international routes from São Paulo/Campinas airport to the U.S.,
which are expected to launch in early 2015.
“ILFC is pleased to support Azul’s introduction of international
service with these Airbus A350s and A330s,” said ILFC Chief
Executive Officer Henri Courpron. “There is a real opportunity for
Azul to build on its successful base in Brazil and provide air
service in a region which is becoming increasingly important to the
aviation marketplace. We believe this is only the beginning of a
successful strategic partnership between Azul and ILFC.”
“Azul is the one airline that truly serves all of Brazil. With
104 destinations, Azul unites the country better than any other
airline, with convenient and frequent connections,” said Azul Chief
Executive Officer and Founder David Neeleman. “Our customers have
been asking for this and now we look forward to providing them with
our superior service on international flights, just as we have been
doing today on our 880 daily domestic departures. We’re excited to
share the Azul experience with new customers internationally and
expand the airline’s success story beyond Brazil’s borders.”
The A350-900 aircraft are anticipated to deliver in 2017, while
deliveries of the A330-200 aircraft are expected to begin in 2014.
Rolls-Royce engines will power the aircraft.
About Azul Brazilian Airlines
With less than six years in operation, Azul Brazilian Airlines
has already flown more than 85 million customers and changed the
face of air travel in the Brazilian market since its first flight
on December 15, 2008. The foundation of the airline was built
around the Brazilian made Embraer E-jet. From that foundation, Azul
has expanded to 880 daily flights, which represents one-third of
Brazil’s daily departures. The airline currently operates a fleet
of 136 aircraft and employs more than 10,000 people. Azul has been
voted the best low-cost carrier in South America three years in a
row by Skytrax. In 2012, CAPA named the airline the best low-cost
carrier in the world. Azul has also been voted one of the 50 most
innovative companies in the world by Fast Company Magazine.
www.voeazul.com.br
About ILFC
International Lease Finance Corporation (ILFC) is a global
market leader in the leasing and remarketing of commercial
aircraft. With nearly 1,000 owned and managed aircraft and
commitments to purchase approximately 330 new high-demand,
fuel-efficient aircraft, ILFC is the world's largest independent
aircraft lessor. ILFC has approximately 200 customers in more than
80 countries and provides part-out and engine leasing services
through its subsidiary, AeroTurbine. ILFC operates from offices in
Los Angeles, Amsterdam, Dublin, Miami, Seattle, and Singapore. ILFC
is a wholly owned subsidiary of American International Group, Inc.
(AIG). www.ilfc.com | Twitter: @ILFCGlobal
About AIG
American International Group, Inc. (AIG) is a leading
international insurance organization serving customers in more than
130 countries. AIG companies serve commercial, institutional, and
individual customers through one of the most extensive worldwide
property-casualty networks of any insurer. In addition, AIG
companies are leading providers of life insurance and retirement
services in the United States. AIG common stock is listed on the
New York Stock Exchange and the Tokyo Stock Exchange. Additional
information about AIG can be found at www.aig.com.
ILFCPaul Thibeau, +1-310-788-1999pthibeau@ilfc.com
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