A Qantas A380 takes off from Sydney airport. AIG has moved a step closer to refocusing on its core insurance business with a deal selling up to 90 per cent of its ILFC aircraft leasing business to a Chinese consortium. Photo: Bloomberg

Chinese investors buy 80pc of AIG plane unit for US$4.2b

Topic |   AIG

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A Qantas A380 takes off from Sydney airport. AIG has moved a step closer to refocusing on its core insurance business with a deal selling up to 90 per cent of its ILFC aircraft leasing business to a Chinese consortium. Photo: Bloomberg
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