ILFC and Azul Brazilian Airlines Sign Aircraft Deal



International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, announced it signed an agreement with Azul Brazilian Airlines 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 CEO 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.”

The A350-900 aircraft are anticipated to deliver in 2017, while deliveries of the A330-200 aircraft are expected to begin in 2014.

Azul Brazilian Airlines currently operates a fleet of 136 aircraft and employs more than 10,000 people.


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