20 October 2025

SMBC To Acquire Air Lease Corporation

SMBC, the aircraft leasing arm of Sumitomo Bank, entered into an agreement to purchase Air Lease Corporation (ALC). The former has over 740 airliners in their portfolio, and the latter has a portfolio of over 160 airliners. The new company will be named Sumisho Air Lease, and will have a portfolio of over 1,100 airliners (including airframes on order).

Some of their airliners have stopped through Hawai‘i over the course of the years as new deliveries, and lease returns. Most recently were the two ex-Spirit Airlines A321-271NXs that ferried through HNL on their way to TPE for lease to China Airlines.


Further information in this Air Lease Corporation press release, and this Sumitomo Corporation press release.

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