Jetrader - September/October 2011 - 11

Q&A

Henri Courpron
CEO, International Lease Finance Corporation
Interview conducted by Marco Sterk, The Longbow Group, LLC

Jetrader had the opportunity to speak with International Lease Finance Corporation (ILFC) CEO Henri Courpron regarding his experience at the company and ILFC’s strategy for upcoming years. Courpron celebrated his ﬁrst anniversary with ILFC in May 2011. Jetrader: Since your arrival as the new CEO, what immediate changes have you initiated at ILFC to keep the company competitive and to retain key personnel? Henri Courpron: The issue was never to remain competitive. We enjoy a solid existing business, strong customer relationships, and such an attractive portfolio that being competitive is not an issue. The market for aircraft operating lease business is growing. There is more appetite than ever before from airlines. The priority for last year was to restore conﬁdence and address some of the concerns that had started during the ﬁnancial crisis of ‘09. The bulk of the focus last year was therefore on liquidity and liability management.

We certainly achieved that, and ILFC received the Airﬁnance Journal Deal of the Year recently in New York in recognition of the tremendous success of our ﬁnance team. The fact that we were able to generate over $14 billion of all sorts of liquidity—selling aircraft, raising secured and unsecured funding—speaks volumes to the credibility of the ILFC team and the ILFC business model. That was the No. 1 priority, and now we can focus on running the business. Retaining key personnel was actually not difﬁcult. ILFC is a great franchise, and if you provide the team with vision, if you provide the team with hope, then when you start winning, it’s not that difﬁcult to keep a team together. Moreover, not only were we able to keep together the team that matters, but we were able to augment the team

with some newcomers from the outside. We are blending newly acquired talent with pre-existing ILFC key players like Fred Cromer and Phil Scruggs. The blend is actually quite remarkable because we are able to leverage the historical strength of ILFC combined with new ways of looking at issues and solutions. The mix is proving to be very powerful. JT: Do you expect ILFC to remain an AIG company in the long term or what, in your view, is best for both ILFC and AIG? HC: That’s a question to ask AIG, frankly. We are not an insurance company. AIG is an insurance company at

Jetrader 11

Jetrader - September/October 2011

Table of Contents for the Digital Edition of Jetrader - September/October 2011

A Message from the President
Calendar/News
Q&A: Henri Courpron
State of the Regions: Europe
Paris Air Show Review
Thank You Sponsors
All About Growth
Predictive Maintenance in Aging Aircraft Systems
Have Faith
Parts on Demand
Culture of Accountability
Aircraft Appraisals
From the ISTAT Foundation
Aviation History
Advertiser.com / Advertiser Index
Jetrader - September/October 2011 - Cover1
Jetrader - September/October 2011 - cover2
Jetrader - September/October 2011 - 3
Jetrader - September/October 2011 - 4
Jetrader - September/October 2011 - A Message from the President
Jetrader - September/October 2011 - 6
Jetrader - September/October 2011 - 7
Jetrader - September/October 2011 - 8
Jetrader - September/October 2011 - Calendar/News
Jetrader - September/October 2011 - 10
Jetrader - September/October 2011 - Q&A: Henri Courpron
Jetrader - September/October 2011 - 12
Jetrader - September/October 2011 - 13
Jetrader - September/October 2011 - 14
Jetrader - September/October 2011 - 15
Jetrader - September/October 2011 - 16
Jetrader - September/October 2011 - 17
Jetrader - September/October 2011 - State of the Regions: Europe
Jetrader - September/October 2011 - 19
Jetrader - September/October 2011 - 20
Jetrader - September/October 2011 - 21
Jetrader - September/October 2011 - 22
Jetrader - September/October 2011 - 23
Jetrader - September/October 2011 - Paris Air Show Review
Jetrader - September/October 2011 - 25
Jetrader - September/October 2011 - 26
Jetrader - September/October 2011 - 27
Jetrader - September/October 2011 - 28
Jetrader - September/October 2011 - 29
Jetrader - September/October 2011 - 30
Jetrader - September/October 2011 - 31
Jetrader - September/October 2011 - 32
Jetrader - September/October 2011 - Thank You Sponsors
Jetrader - September/October 2011 - All About Growth
Jetrader - September/October 2011 - 35
Jetrader - September/October 2011 - 36
Jetrader - September/October 2011 - 37
Jetrader - September/October 2011 - Predictive Maintenance in Aging Aircraft Systems
Jetrader - September/October 2011 - 39
Jetrader - September/October 2011 - 40
Jetrader - September/October 2011 - 41
Jetrader - September/October 2011 - 42
Jetrader - September/October 2011 - Have Faith
Jetrader - September/October 2011 - 44
Jetrader - September/October 2011 - Parts on Demand
Jetrader - September/October 2011 - 46
Jetrader - September/October 2011 - Culture of Accountability
Jetrader - September/October 2011 - 48
Jetrader - September/October 2011 - Aircraft Appraisals
Jetrader - September/October 2011 - 50
Jetrader - September/October 2011 - 51
Jetrader - September/October 2011 - 52
Jetrader - September/October 2011 - From the ISTAT Foundation
Jetrader - September/October 2011 - Aviation History
Jetrader - September/October 2011 - 55
Jetrader - September/October 2011 - 56
Jetrader - September/October 2011 - Advertiser.com / Advertiser Index
Jetrader - September/October 2011 - 58
Jetrader - September/October 2011 - cover3
Jetrader - September/October 2011 - cover4
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