Air Lease and Sumisho Air Lease Sign Final Deal, Ready to Merge

Air Lease, a Los Angeles airline leasing firm, has secured the last regulatory green light needed to finish its merger with a unit of Sumisho Air Lease Corporation. The approval clears the final hurdle, allowing the deal to close later this month if all remaining conditions are met. The merger will bring together Air Lease’s operations with Sumitomo Corporation, SMBC Aviation Capital Limited and investment vehicles linked to Apollo managed funds and Brookfield. The combined entity will operate under the name Sumisho Air Lease Corporation. The agreement gives Air Lease’s Class A shareholders a cash payout of $65. 00 per share, paid without interest and subject to any applicable withholding taxes. Preferred shareholders of Series B, C, and D will keep their preferred shares after the merger. These terms were detailed in Air Lease’s definitive proxy statement filed with the U. S. Securities and Exchange Commission on November 4, 2025.Air Lease has a global customer base of airlines. The company’s core business is buying new commercial aircraft and leasing them to carriers worldwide through tailored financing solutions. Its experienced team has built a reputation for providing flexible leasing options that meet diverse airline needs. The merger’s completion will rename the company as Sumisho Air Lease Corporation, expanding its footprint and strengthening its position in the aircraft leasing market. The deal is expected to finalize this month, pending satisfaction of all closing conditions outlined in the merger agreement.