A consortium of investors to acquire Air Lease for $7.4bn.

A consortium of investors, including Sumitomo, SMBC Aviation Capital, Apollo Global Management, and Brookfield Asset Management, an alternative asset management company, offered to acquire Air Lease, for $7.4bn. "This is an exciting next chapter for Air Lease and is a testament to the strength of Air Lease’s business, our talented team and the long-standing partnerships we’ve fostered across the global aviation industry. I am fully confident that this transaction will benefit all Air Lease common stockholders and the industry we serve. We would like to thank our talented and dedicated employees for helping us achieve this significant milestone and for their continued dedication as we prepare to enter this new chapter," John L. Plueger, Air Lease CEO and President.