Insurer American International Group is in talks to sell its jet-leasing finance business to AerCap Holdings NV, according to reports.Netherlands-based AerCap, the world's largest independent aircraft lessor, may team up with other bidders for International Lease Finance Corp (ILFC), the reports said.AIG has not formally terminated its agreement with the Chinese group that agreed last year to purchase a majority of ILFC for about $4.2 billion, Bloomberg reported.ILFC and AIG failed to comment on the reports.
AerCap Holdings N.V. is an integrated global aviation company. Shares of AER traded higher by 11.62% or $2.49/share to $23.91. In the past year, the shares have traded as low as $13.37 and as high as $21.77. On average, 279217 shares of AER exchange hands on a given day and today's volume is recorded at 3578945.
American International Group, Inc. (AIG) is a global insurance company. Shares of AIG traded higher by 1.48% or $0.72/share to $49.42. In the past year, the shares have traded as low as $33.66 and as high as $53.33. On average, 9690380 shares of AIG exchange hands on a given day and today's volume is recorded at 14566849.
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