Air Lease, a leading aircraft leasing company headquartered in Los Angeles, has agreed to be acquired by a new Dublin-based holding company backed by Sumitomo Corporation, SMBC Aviation Capital, and Apollo-affiliated funds. The deal will provide Air Lease shareholders with $65 per share, valuing the company at approximately $7.4 billion. This acquisition, expected to close in the first half of 2026, is seen as a strategic move to enhance profitability and scale in the aviation leasing market. The transaction has been unanimously approved by Air Lease’s Board of Directors and is not contingent on financing.