Sumitomo completes Air Lease take-over, creates Sumisho Air Lease

Sumitomo Corporation has completed the acquisition of US-based aircraft leasing company Air Lease Corporation, alongside co-investors SMBC Aviation Capital, Apollo and Brookfield. The transaction, first announced in September 2025, closed on April 8, (EDT), with Air Lease delisted from the New York Stock Exchange and rebranded as Sumisho Air Lease. The deal creates one of […]

Sumitomo, SMBC, Apollo, Brookfield acquire Air Lease Corporation Shutterstock

ALC announces merger with Sumitomo, SMBC, Apollo, Brookfield

Financial

Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield have announced their definitive agreement to acquire Air Lease Corporation (Air Lease), a aircraft lessor founded by Steven F. Udvar-Házy and John L. Plueger, with a portfolio primarily comprising new-technology aircraft. Upon completion, Air Lease will be renamed Sumisho Air Lease, a newly established entity. Apollo and

ALC announces merger with Sumitomo, SMBC, Apollo, Brookfield Read More »

Sumitomo completes Air Lease take-over, creates Sumisho Air Lease

ALC announces merger with Sumitomo, SMBC, Apollo, Brookfield

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