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Don't see how they could. Their stock value has falled from +/- $70 the share to $4. It's traded as low as .20 and the government has warrents to cause them to print four times more stock in the government's name to secure the 2 year 85 billion bridge loan.
N-NumberSerial NumberManufacturer Name
AMERICAN INTERNATIONAL GROUP 880PS
AMERICAN INTERNATIONAL GROUP 940PS
AMERICAN INTERNATIONAL GROUP 175WS
560XL AMERICAN INTERNATIONAL GROUP INC 47WS
145 DASSAULT AVIATION
FALCON 2000EX AMERICAN INTERNATIONAL GROUP INC 70PS
9012 BOMBARDIER INC
BD-700-1A10 AMERICAN INTERNATIONAL GROUP INC 71PS
31021 AGUSTA SPA
AB139 AMERICAN INTERNATIONAL GROUP INC 720WS
9176 BOMBARDIER INC
BD-700-1A11 AMERICAN INTERNATIONAL GROUP INC 72PS
FALCON 2000EX AMERICAN INTERNATIONAL GROUP INC 72WS
FALCON 900 EX AMERICAN INTERNATIONAL GROUP INC
Always have a Plan B. Who ever thought AIG or ILFC would stagger like this? Nobody. Fortunately these pilots have some great experience and they are likely to be picked up at some point (although it might take awhile). Economic cycles happen. Mergers happen. Part 91 flying is not as safe as people might expect (even for the biggest companies).
I believe ILFC does OK and will, most likley, be one of the many assets sold off to satisfy the loan repayment. The airplanes might take more time (7 not 10, 3 of those tail numbers are only reservations), with the credit crisis ...