SMBC Aviation Capital has placed an order for 100 A320neo-family aircraft

SMBC follows Boeing deal with order for 100 Airbus jets

SMBC Aviation Capital has ordered 100 Airbus A320neo-family aircraft, comprising 65 A321neos and 35 A320neos, after recently placing an order for 100 Boeing 737 aircraft, reinforcing its strategy of maintaining a balanced narrow-body fleet portfolio. The Airbus order, finalised at the Farnborough International Airshow, will support deliveries into the mid-2030s, chief executive Peter Barrett said, […]

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Air Lease shareholders back take-over deal

Financial

Air Lease has secured shareholder approval for its proposed acquisition, clearing a major hurdle towards the company’s sale to a new Dublin-based holding company. At a special meeting, holders of Air Lease Class A common stock voted to approve the previously announced merger agreement under which the aircraft lessor will be acquired by Sumisho Air

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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

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SMBC follows Boeing deal with order for 100 Airbus jets

Air Lease shareholders back take-over deal

ALC announces merger with Sumitomo, SMBC, Apollo, Brookfield

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