Sale of ILFC
On May 14, 2014, we completed the sale of 100 percent of the common stock of International Lease Finance Corporation
(ILFC) to AerCap Ireland Limited, a wholly owned subsidiary of AerCap Holdings N.V. (AerCap), in exchange for total
consideration of approximately $7.6 billion, including cash and 97.6 million newly issued AerCap common shares (the AerCap
Transaction). The total value of the consideration was based in part on AerCap’s closing price per share of $47.01 on May 13,
2014. ILFC’s results of operations are reflected in Aircraft leasing revenue and Aircraft leasing expenses in the Consolidated
Statements of Income through the date of the completion of the sale. ILFC’s assets and liabilities were classified as held-forsale
at December 31, 2013 in the Consolidated Balance Sheets. See Note 4 herein for further discussion.
Sale of ILFCOn May 14, 2014, we completed the sale of 100 percent of the common stock of International Lease Finance Corporation(ILFC) to AerCap Ireland Limited, a wholly owned subsidiary of AerCap Holdings N.V. (AerCap), in exchange for totalconsideration of approximately $7.6 billion, including cash and 97.6 million newly issued AerCap common shares (the AerCapTransaction). The total value of the consideration was based in part on AerCap’s closing price per share of $47.01 on May 13,2014. ILFC’s results of operations are reflected in Aircraft leasing revenue and Aircraft leasing expenses in the ConsolidatedStatements of Income through the date of the completion of the sale. ILFC’s assets and liabilities were classified as held-forsaleat December 31, 2013 in the Consolidated Balance Sheets. See Note 4 herein for further discussion.
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