International Lease Finance Corporation (ILFC), the world's largest aircraft lessor by value, is reportedly close to reaching agreement with the Federal Reserve Bank of New York to obtain a US$5 billion line of credit that will help facilitate its sale. Last month the ILFC said it needed financial support due to its lack of access to financing because it was a unit of American International Group (AIG) which saw more than US$180 billion pumped in by the government and the NY Fed to bail out AIG … [Read more...] about ILFC looks for funding as sale talks ongoing