Air Lease Corporation (ALC) is a U.S.-based aircraft leasing company that acquires new commercial aircraft and leases them to airlines worldwide under multi‑year operating leases. Founded in 2010 by industry veterans Steven F. Udvar‑Házy and John L. Plueger, the company is headquartered in Los Angeles, California, and is listed on the New York Stock Exchange (NYSE: AL).
ALC sources primarily from Airbus and Boeing, maintaining an order book and a portfolio focused on young, fuel‑efficient narrowbody and widebody aircraft. Its activities include aircraft placement, sale‑leaseback transactions, portfolio management, trading and remarketing of aircraft, and related advisory and financing services for airline customers across the Americas, Europe, Asia‑Pacific, the Middle East, and Africa.
Also known as Sumisho Air Lease.
The acquisition, valued at $7.4 billion, aims to expand Sumitomo's aircraft leasing business, with completion expected in FY2026, enhancing their global market position.
