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Air Lease Corporation

Leading global aircraft leasing company.

Last updated August 31, 2026

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Overview

Air Lease Corporation, founded by Steven Udvar-Házy in 2010, engages in purchasing, leasing, and selling commercial aircraft.

Products and positioning

Global leader in aircraft leasing

Product categories. Aircraft leasing · Equipment finance leasing · Commercial aircraft net operating leases · Aircraft acquisition and placement · Aircraft financing arrangements · Fleet planning and management · Aircraft sales and remarketing

Recent events

  • 2026

    Air Lease Corporation acquisition closes and business is renamed Sumisho Air Lease Corporation[1]

    M&A · Leadership change

    The cited reference states that the consortium acquisition closed in April 2026 and that the business was subsequently renamed Sumisho Air Lease Corporation.

  • 2025

    Air Lease announces agreement to be acquired by aviation and investment consortium[1]

    M&A

    ALC announced a definitive agreement to be acquired by Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield for approximately $7.4 billion, with stockholders expected to receive $65 per share.

  • 2019

    Air Lease announces Airbus A321XLR order and A220-300 letter of intent[1]

    Product launch

    At the Paris Air Show, ALC announced an order for 29 Airbus A321XLR aircraft and a letter of intent for 50 Airbus A220-300 aircraft.

  • 2019

    Virgin Atlantic selects aircraft supplied partly through Air Lease Corporation[1]

    Product launch

    Virgin Atlantic announced an arrangement for up to 20 Airbus A330-900 aircraft, including six aircraft to be supplied by ALC, with deliveries planned from 2021 through 2024 according to the cited reference.

  • 2011

    Air Lease Corporation completes initial public offering on the New York Stock Exchange[1]

    Other

    ALC completed an initial public offering of Class A stock on April 19, 2011, listing under the symbol AL and raising approximately $965.6 million according to the cited reference.

Sources2 sources

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