NU Online News Service, July 19, 2:59 p.m. EDT

American International Group (AIG) is apparently seeking to take advantage of a strengthening airplane-leasing market by selling part of its International Lease Finance Corp. (ILFC) unit through an initial public offering.

AIG has indicated in the past an interest in selling the non-core business, especially as it moves aggressively to buy back the U.S. government's stake in the company.

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