BY PETER SANDERS, DOUG CAMERON AND JEFFREY MCCRACKEN
The head of American International Group Inc.'s giant aircraft-leasing business is in talks to buy a piece of the unit amid growing frustration at AIG's delay in selling the company.
Steven Udvar-Hazy, chairman and chief executive of International Lease Finance Corp., is in early discussions to purchase about $2 billion of the company's aircraft portfolio and use it to start a rival business, according to people familiar with the matter. ILFC's fleet is valued at a little more than $40 billion.
Hey retard did it ever occur to you that if you sell ILFC for +$40B that you get net +10 Billion and now you have $30 Billion in Debt off your books. If you think taking off $30B off your books does not help EPS then you probably failed your accounting classes and probably never finished college. Do you even comprehend how much interest payments alone are on $30Billion in debt.