Officials at ILFC, a giant buyer of commercial aircraft which leases planes to air carriers, are worried that AIG's financial issues could make it tougher for ILFC to compete in the airplane leasing industry, the Journal report said.
Last week, AIG posted a $7.8 billion quarterly loss after writing down assets linked to subprime mortgages. The results marked the second consecutive quarter that the world's largest insurer posted record losses. AIG also said it was replacing its chief financial officer, as operating income weakened across much of the company. Credit rating agencies Fitch and S&P cut their ratings on AIG after its quarterly report.