NU Online News Service, May 19, 12:05 p.m. EDT
Henri Courpron was named president and chief executive officer of American International Group Inc.'s International Lease Finance Corp. (ILFC), its aircraft leasing unit.
Mr. Courpron succeeds ILFC Vice Chairman Alan Lund, who has served as interim ILFC president and CEO since March.
Mr. Courpron will be based in ILFC's Los Angeles headquarters.
Mr. Courpron began his aviation career in 1987 with A?rospatiale + Airbus-France, where he held management positions in procurement and sales before moving to Airbus-North America to serve from 1992 to 2005 in various executive positions, including president and CEO of Airbus North America Holdings. He returned to France where he served until 2007 as Airbus executive vice president-procurement.
He joins ILFC from the Seabury Group, an advisory and investment banking firm in aviation and aerospace based in New York and Toulouse, France, where he was president.
Robert H. Benmosche, AIG president and CEO, in welcoming Mr. Courpron said ILFC "is clearly positioned for the future," having stabilized its financial position, and is now ready for growth of its fleet. He said ILFC has raised more than $8 billion in liquidity from new debt, bank debt maturity extensions and aircraft sales.
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