Air Lease Corporation is set to be acquired by a new holding company established by Sumitomo Corporation and SMBC Aviation Capital Limited. Under the terms of the agreement, Takeoff Merger Sub Inc., an indirect wholly owned subsidiary of the new parent company, will merge with and into Air Lease, resulting in Air Lease becoming an indirect wholly owned subsidiary. An update was provided after a Class A common stockholder filed a lawsuit against Air Lease and its board of directors, alleging incomplete or misleading disclosures in the proxy statement related to the merger. The company has also updated and supplemented its proxy statement in response to these developments.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Air Lease Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-302418), on November 28, 2025, and is solely responsible for the information contained therein.