Leasing landscape faces shake-up with ‘transformational’ $7.4bn Air Lease acquisition

SMBC 737 Max 8-c-SMBC Aviation Capital

Steven Udvar-Hazy-founded lessor Air Lease (ALC) is to be acquired by a consortium of investors including rival SMBC Aviation Capital in a $7.4 billion cash deal that promises to shake up the aircraft leasing market.

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