Exhibit 99.1

Contacts:
ILFC Investor contact
Pamela S. Hendry, Senior Vice President & Treasurer
+1 310-788-1999

ILFC Media Relations contact
Paul Thibeau
+1 310-788-1999
pthibeau@ilfc.com

ILFC ENTERS INTO $1.3 BILLION COMMITTED SECURED LOAN WITH RIGHT TO UPSIZE
Diverse Group of Global Banks To Participate

LOS ANGELES — March 31, 2011 — International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today the commitment for $1.3 billion of a secured term loan with a group of 15 banks from Europe, Asia and North America. The company also has the right to upsize the transaction by $200 million in commitments from additional lenders. The facility, arranged by Citi and Credit Suisse as Joint Structuring and Placement Agents, along with BNP Paribas as an additional Joint Placement Agent, will be funded over the next 12 months and will mature in 2018.

This transaction enables ILFC to improve its overall capital structure through diversification of funding sources. The bank group, which includes institutions from China, Japan, Singapore, France, Switzerland and Germany, among other countries, has a deep understanding of the global aviation industry.

ILFC Treasurer Pam Hendry commented, “The participation of such a broad group of lenders is an endorsement of ILFC’s strategic position and vision.”

The proceeds will be used primarily to prepay existing unsecured and secured bank facilities that would otherwise mature in October 2011 and 2012. Refinancing these existing facilities with the proceeds of the new term loan is expected to maintain the same approximate mix of secured and unsecured debt for the company.

Additionally, the economic terms of the transaction provide ILFC attractive funding at a current interest rate of approximately 3% along with significant flexibility for ILFC’s ongoing business of leasing aircraft.

ILFC Chief Financial Officer Fred Cromer commented, “The attractive pricing that was achieved is due, in part, to ILFC’s leading presence in the leasing space as well as our success over the last twelve months in strengthening our liquidity position.”

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10250 Constellation Blvd., Suite 3400, Los Angeles, CA 90067 l Tel: (310) 788-1999 Fax: (310) 788-1990

ILFC Enters Into $1.3 Billion Committed Secured Loan With Right To Upsize
March 31, 2011
Page two

About ILFC

ILFC is the international market leader in the leasing and remarketing of commercial jet aircraft to airlines around the world. The people of ILFC have a strong commitment to aviation and its role in building relationships across the globe that drive innovation, prosperity, and understanding. ILFC currently owns a portfolio consisting of approximately 930 jet aircraft.

About AIG

American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional and individual customers through one of the most extensive worldwide property casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Ireland and Tokyo.

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10250 Constellation Blvd., Suite 3400, Los Angeles, CA 90067 l Tel: (310) 788-1999 Fax: (310) 788-1990