Moody's affirms International Lease Finance

Moody's Investors Service said it affirmed International Lease Finance Corp.'s B1 corporate family rating and revised the outlook to positive.

The agency also said it changed to positive the outlooks assigned to Delos Aircraft Inc., ILFC E-Capital Trust I and ILFC E-Capital Trust II.

The outlook revision reflects the company's progress restructuring liabilities, improving liquidity and reducing leverage, Moody's said.

The group's achievements in this regard over the past five quarters, together with its strong competitive positioning, provide the basis for the company to continue its funding transition and credit quality improvements.

Tempering this view, Moody's said it believes the company faces challenges relating to lease margin improvements and generating attractive returns on a sustainable basis as operating conditions evolve.

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