Major Aviation Shake-Up: SMBC-Led Consortium Acquires Air Lease in $7.4 Billion Deal
Major Aviation Shake-Up: SMBC-Led Consortium Acquires Air Lease in $7.4 Billion Deal The global aircraft leasing market is poised for a significant transformation following the announcement that Air Lease (ALC), founded by Steven Udvar-Hazy, is set to be acquired by a powerful consortium. The $7.4 billion cash deal, led by rival SMBC Aviation Capital and including private equity giants Apollo and Brookfield Credit alongside Sumitomo Corporation, promises to reshape the competitive landscape. SMBC has confirmed that a definitive agreement has…