Business

AIG’S JET UNIT HITS BUMPS

American International Group’s plane-leasing unit, the largest customer of both Airbus and Boeing, said it may not survive unless it gets help from its parent company or new access to credit.

“Without additional support from AIG or obtaining secured financing from a third-party lender, in the future there could exist doubt concerning our ability to continue as a going concern,” International Lease Finance Corp. said in its annual report.

ILFC said it has 168 planes valued at $16.7 billion on order through 2019.