AIG Names Former Airbus Executive to Lead ILFC

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American International Group Inc. has tapped a former top Airbus official to take the helm of its Century City-based aircraft leasing business, which in recent months has been devastated by executive defections.

The insurance giant said Wednesday that it had appointed Henri Courpron president and chief executive of International Lease Finance Corp., one of the world’s largest aircraft leasing companies with a fleet of nearly 1,000 commercial jets.

The unit has been without a permanent chief executive since February, when co-founder and CEO Steven Udvar-Hazy abruptly left the company to start a rival business.

&#8226 Read the full Los Angeles Times story.

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