According to a regulatory filing, American International Group reached an agreement with a consortium of Chinese investors to extend by one month the deadline to complete a sale of AIG’s aircraft leasing unit.

According to the filing, the amendment extends by one month, to June 14, 2013, the date on which AIG, seller or purchaser may terminate the agreement if the closing of the transaction has not year occurred.

On December 9, 2012, AIG and an investor group led by Weng Xianding, the chairman of New China Trust, announced that they have entered into a share purchase agreement under which AIG will sell 80.1% of its equity to the investor group for approximately $4.2 billion in cash, with an option for the investor group to buy an additional 9.9% stake. The sale is expected to close in 2013.