(NYSE:AIR) NEW YORK & DUBLIN & TOKYO--(BUSINESS WIRE)--Sumitomo Corporation, SMBC Aviation Capital, Apollo managed funds (“Apollo”) and Brookfield, today announced that they have reached a definitive agreement to acquire Air Lease Corporation (“Air Lease”), a leading aircraft lessor founded by Steven F. Udvar-Házy and John L. Plueger with a portfolio primarily comprised of new technology aircraft. Upon closing, Air Lease will be renamed Sumisho Air Lease, a newly established entity. Apollo and Brookfield
Related Questions
How will the acquisition affect Air Lease Corporation's valuation metrics and the post‑deal share price of the combined entity?
What are the expected synergies and cash‑flow implications of renaming and integrating Air Lease into Sumisho Air Lease, and how will these impact leverage ratios and dividend policy?
How does this transaction position the new Sumisho Air Lease relative to other aircraft leasing peers in terms of fleet composition, credit exposure, and long‑term growth outlook?