International Lease Finance
Corporation (ILFC), a wholly owned subsidiary of American International Group,
Inc. AIG +0.56% , announced today that it delivered a
Boeing 737-700 aircraft to Eznis Airways, the largest Mongolian privately owned
airline.

The new aircraft will expand Eznis
Airways” international operations and be used to better serve the country”s
rapidly growing air traffic demand. As of the first quarter of 2012, inbound
and outbound international traffic in Mongolia has increased by 30% compared to
the same period last year.

“The addition of the Boeing
737-700 to our fleet marks an important strategic milestone for Eznis Airways.
This new aircraft will allow us to provide quality service on international
routes from Ulaanbaatar,” said Munkhsukh Sukhbaatar, Chief Executive
Officer of Eznis Airways.

“ILFC is proud to provide Eznis
Airways” first 737 aircraft. This aircraft is clearly an important milestone in
the airline”s efforts to secure its place as a leading airline in this rapidly
growing region and increase its international market share. We look forward to
a long and successful business partnership with ILFC”s newest customer,”
said ILFC Head of Asia-Pacific Dave Nixon.

Eznis Airways currently owns the
largest air fleet in the country and the addition of this Boeing-manufactured
airplane marks its 7th aircraft. The 737 series is a medium-range twin-engine
narrow-body jet airliner and is the best-selling jet airliner in the history of
aviation. The aircraft can fly nonstop to Beijing, Seoul, Tokyo and Hong Kong
from Ulaanbaatar.

Eznis Airways is the leading
Mongolian regional airline with the largest network of domestic destinations
within Mongolia, and highest flight frequency on these routes. The airline was
established on January 6, 2006 by Newcom Group, one of the largest holding
companies of Mongolia. The airline operates domestic scheduled and charter
flights to 11 destinations in 9 aimags (provinces) of Mongolia and operates
international scheduled service to Hailar in China”s Inner Mongolia region and
Ulan-Ude in Russian Federation”s Buryat Republic, and charter services to
points in China, Russia and Kazakhstan.

ILFC is the world”s largest
independent aircraft lessor measured by number of owned aircraft. ILFC”s
portfolio consists of over 1,000 owned or managed aircraft, as well as
commitments to purchase 245 new high- demand, fuel-efficient aircraft and
rights to purchase an additional 50 such aircraft. 

American International Group, Inc.
(AIG) is a leading international insurance organization serving customers in
more than 130 countries. AIG companies serve commercial, institutional, and individual
customers through one of the most extensive worldwide property-casualty
networks of any insurer. In addition, AIG companies are leading providers of
life insurance and retirement services in the United States. AIG common stock
is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

SOURCE: International Lease Finance
Corporation