Air Lease’s Class A common stockholders have voted to approve the previously announced definitive merger agreement, dated as of Sept. 1, 2025, pursuant to which Air Lease will be acquired by a new holding company named Sumisho Air Lease Corporation DAC, based in Dublin, Ireland, whose shares will be held by Sumitomo, SMBC Aviation Capital and investment vehicles affiliated with Apollo managed funds and Brookfield. On the closing of the transaction, Air Lease will be renamed Sumisho Air Lease. Under the terms of the merger agreement, at the closing of the transaction, Air Lease Class A common stockholders will receive $65.00 in cash for each share of Class A common stock of Air Lease held immediately prior to the effective time of the merger.
Holders of approximately 80.7% of the shares of Class A common stock outstanding as of the close of business on Nov. 3, 2025, the record date for the special meeting, voted in favor of the approval and adoption of the merger agreement.
“We are pleased with the results from our special meeting and thank our stockholders for their support,” John L. Plueger, CEO and president of Air Lease, said. “Today marks a major milestone for Air Lease. We look forward to completing this transaction.”
The transaction is expected to close in H1/26, subject to the satisfaction of the closing conditions set forth in the merger agreement and discussed in detail in the definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission by Air Lease on Nov. 4, 2025, as supplemented on Nov. 28, 2025.
