Sumitomo Corporation and Partners Complete Acquisition of Air Lease Corporation

Sumitomo Corporation, SMBC Aviation Capital, Apollo Global Management, and Brookfield Asset Management have finalized the acquisition of Air Lease Corporation. The transaction marks a significant development in the aviation leasing industry, bringing together major global players to assume ownership of one of the sector’s leading companies.

The deal involved collaboration between Sumitomo Corporation, a prominent Japanese trading company; SMBC Aviation Capital, one of the world’s largest aircraft leasing firms; Apollo Global Management, a private equity giant; and Brookfield Asset Management, a global investment firm. Together, these entities completed the acquisition process for Air Lease Corporation. The agreement underscores continued interest in aviation leasing as a key area for investment and growth within the broader transportation and infrastructure sectors. Further details regarding financial terms or operational changes following the acquisition were not disclosed at this time.

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Date: April 8, 2026

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GOAI