Sumisho Air Lease (AL) Q1 2026 earnings, merger cash-out and fleet update
Sumisho Air Lease (formerly Air Lease Corporation) reported Q1 2026 results with flat revenue ($739.2 million) but significantly lower net income ($114.8 million, or $1.02 diluted EPS) compared to Q1 2025, which included a large insurance recovery related to aircraft detained in Russia. The company completed a merger on April 8, 2026, transitioning its Class A common shares to a $65.00 cash-out and becoming an indirect subsidiary of a new holding company backed by Sumitomo, SMBC Aviation Capital, Apollo, and Brookfield. Following the merger, SMBC Aviation Capital acquired Sumisho Air Lease's outstanding orderbook for undelivered aircraft and became the exclusive servicer for aircraft leased to non-U.S. airlines, while Sumisho Air Lease focuses on portfolio optimization, deleveraging, and U.S.-leased aircraft servicing with a $28.9 billion owned fleet.
Sumisho Air Lease (NYSE: AL) outlines post-merger board, pay and $65 per share deal
Sumisho Air Lease (formerly Air Lease Corp) filed an amendment to its annual report (10-K/A) detailing post-merger governance, executive compensation, and the $65.00 per share all-cash acquisition by Sumisho Air Lease Designated Activity Company, which closed on April 8, 2026. The filing outlines the new board composition, compensation structures for 2025 executives including performance-based bonuses tied to revenue and net income, and the conversion of equity awards into restricted cash post-merger. It also provides insights into the company's compensation philosophy focused on performance and retention, and the financial results that led to above-target incentive payouts for 2025.
Vanguard Portfolio Management reports 6.26M shares in Air Lease Corp (NYSE: AL)
Vanguard Portfolio Management disclosed a beneficial ownership of 6,261,881 shares of Air Lease Corp (NYSE: AL), representing 5.58% of the common stock. This filing, a Schedule 13G, indicates Vanguard has sole dispositive power over all these shares but sole voting power for only 12,591 shares. The report is routine for institutional investment managers, reflecting holdings for Vanguard funds and client accounts.
[POS AM] AIR LEASE CORP SEC Filing
Sumisho Air Lease Corporation (formerly Air Lease Corporation) has filed a post-effective amendment to its Form S-3 registration statement, removing unsold Class A common stock from registration. This action follows the merger where Takeoff Merger Sub Inc. merged with Sumisho Air Lease Corporation, resulting in the Registrant becoming an indirect subsidiary of Parent. The filing terminates the effectiveness of the Registration Statement for the previously registered 4,643,608 shares of Class A common stock.
AL SEC Filings - Air Lease Corp 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Air Lease Corporation (AL) SEC filings, including 10-K, 10-Q, 8-K, and insider trading forms. It highlights recent filings related to a pending merger, insurance recoveries, and insider transactions. The platform offers AI-powered summaries and tools to help investors analyze these regulatory documents.
AL SEC Filings - Air Lease Corp 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Air Lease Corporation (AL) SEC filings, including 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider trading forms. It highlights recent significant events such as the proposed merger with an Irish holding company, details of the merger agreement, and insider transactions. The platform offers AI-powered summaries to help users understand complex sections of these regulatory documents.
Air Lease (AL) EVP Poerschke’s 107,778 shares cancelled for $65 cash in merger
Air Lease Corporation's EVP, John D. Poerschke, had 107,778 shares of Class A common stock cancelled in connection with the company's merger, receiving $65.00 per share in cash. This disposition also included 3,973 unvested restricted stock units which were converted into cash-based awards at the same price, retaining their original vesting schedule. This transaction was a mechanical merger conversion rather than a discretionary sale, resulting in Poerschke's direct stock position dropping to zero.
AL (AL) EVP Grant A. Levy’s shares cancelled and cashed out at $65
AL (Air Lease Corporation) EVP Grant A. Levy's shares were cancelled and cashed out at $65 per share as part of a merger deal where Sumisho Air Lease Corp acquired Air Lease Corporation. Levy disposed of 151,438 directly held shares and additional indirectly held shares, totaling approximately $9.84 million, leaving him with zero reported shares. His unvested restricted stock units were also converted into cash-based "Converted Cash Awards" at the same per-share price.
Air Lease (AL) EVP receives $65 per share as stock is cancelled
Air Lease Corporation EVP Carol Hyland Forsyte reported a disposition of all her Class A common stock in connection with a merger. A total of 100,752 shares, including unvested restricted stock units, were cancelled and converted into the right to receive $65.00 per share in cash. Following this transaction, Forsyte owns 0 shares of Air Lease.
Air Lease (AL) EVP Khatibi cashes out 91,506 shares at $65 in merger
Air Lease EVP Alex A. Khatibi has disposed of all his 91,506 shares of Class A common stock at $65.00 per share in a cash merger with Sumisho Air Lease Corporation's affiliate, leaving him with zero holdings. This transaction also included 4,959 unvested restricted stock units (RSUs) which were converted into cash awards at the same per-unit price, retaining their original vesting conditions. The disposal was part of the merger agreement where Air Lease became an indirect wholly-owned subsidiary of Sumisho Air Lease Corporation.
Air Lease (AL) CEO equity cashed out at $65 per share in merger
Air Lease Corporation CEO John L. Plueger's equity, including 867,726 directly held shares and 27,482 unvested RSUs, was cashed out at $65 per share as part of a merger where Air Lease became a wholly-owned subsidiary of Sumisho Air Lease Corp. The transactions, documented in a Form 4 SEC filing, reflect how existing equity and awards were handled during the merger, rather than any open-market trades or shifts in management's market view. The unvested RSUs were converted into cash-based awards that retain their original vesting terms.
Marshall Larsen exits Air Lease (NYSE: AL) as shares cashed out at $65
Marshall O. Larsen, a director at Air Lease Corporation (NYSE: AL), has exited the company, with his shares cashed out at $65 each due to a merger with Sumisho Air Lease Corporation Designated Activity Company. This transaction involved the disposition of 39,727.97 shares, including both vested and unvested restricted stock units, all converted to cash. Following the merger, Larsen holds 0 shares of Air Lease common stock directly.
Director at Air Lease (AL) disposed 40,587 shares in $65 cash merger
Air Lease Corporation director Matthew J. Hart reported the disposition of 40,587 shares of Class A common stock due to a merger with Sumisho Air Lease Corporation’s affiliate. These shares, including 2,698 unvested restricted stock units, were cancelled and converted into the right to receive $65.00 per share in cash. Following this transaction, Mr. Hart holds no shares of Air Lease common stock.
Merger cashes out Air Lease (AL) director’s 54,927 shares at $65
Air Lease Corporation director Ian M. Saines disposed of his entire equity position, totaling 54,926.97 shares, due to the company's merger with Sumisho Air Lease Corporation Designated Activity Company. His shares, including vested and unvested restricted stock units, were cancelled and converted into a cash payment of $65.00 per share. This transaction was part of the merger agreement and not a discretionary open-market sale, resulting in zero shares held by Saines post-merger.
Air Lease (AL) CFO exits 68,923 shares as $65-per-share merger closes
Air Lease Corporation's EVP and CFO, Gregory B. Willis, reported the disposition of 68,923 Class A common shares at $65.00 per share due to a merger with Sumisho Air Lease Corporation Designated Activity Company. This transaction leaves him with no directly held shares, as all outstanding shares were canceled and converted to cash. The disposition includes 5,594 unvested restricted stock units, which were converted into cash awards retaining their original vesting terms.
Air Lease (NYSE: AL) EVP’s shares converted in $65-per-share buyout
Air Lease Corporation's EVP, Kishore Korde, disposed of his Class A common shares as part of a merger where each share was converted into the right to receive $65.00 in cash. The disposition included 62,853 directly held shares and several indirect holdings, with unvested restricted stock units also converted into cash-based awards at the same per-share price. This transaction resulted in Korde holding zero shares directly and indirectly after the merger.
[Form 4] AIR LEASE CORP Insider Trading Activity
This article details an insider trading activity for Air Lease Corp (AL) as reported on a Form 4 filing. Director Steven F. Udvar-Hazy disposed of all his direct and indirect holdings in the company's Class A common stock due to Air Lease becoming an indirect wholly-owned subsidiary of Sumisho Air Lease Corporation Designated Activity Company. The transaction involved the conversion of each share into $65.00 cash, including unvested restricted stock units.
Air Lease (NYSE: AL) director’s stock cashed out in $65-per-share merger
Air Lease director Robert A. Milton's 42,527 shares of Class A common stock, including 2,698 unvested restricted stock units, were cashed out at $65.00 per share as part of a cash merger. The merger made Air Lease Corporation an indirect wholly-owned subsidiary of Sumisho Air Lease Corporation Designated Activity Company. This transaction resulted in a total value of $2.76 million for the disposed shares.
Air Lease (AL) director exits as shares cashed out at $65 in merger
Air Lease Corporation (AL) director Cheryl Gordon Krongard disposed of her Class A Common Stock, including vested and unvested RSUs, as part of a cash merger with Sumisho Air Lease Corporation DAC. A total of 59,208.56 shares were converted at a price of $65.00 per share, resulting in her holding zero shares after the transaction. The merger terms dictated that all outstanding Class A common stock was cancelled and converted into the right to receive $65.00 in cash per share.
Director exits Air Lease (AL) stake in $65-per-share cash merger
Air Lease Corporation director Yvette Hollingsworth Clark fully disposed of her equity holdings, including common stock and restricted stock units, as part of a cash merger. She surrendered 25,288.82 shares and various RSUs for $65.00 per share, as Air Lease became an indirect wholly owned subsidiary of Sumisho Air Lease Corporation Designated Activity Company. This transaction resulted in her holding zero shares after the merger.
[8-K] AIR LEASE CORP Reports Material Event
Sumisho Air Lease Corporation (formerly Air Lease Corporation) completed its merger on April 8, 2026, becoming an indirect subsidiary of a new holding company jointly owned by Sumitomo, SMBC Aviation Capital, Apollo, and Brookfield. Each Class A common share was converted into $65.00 in cash, totaling approximately $7.4 billion in equity purchase price and a total transaction value of about $28.2 billion including debt. The company requested NYSE delisting and plans to deregister its shares, while new leadership was appointed.
Air Lease Corp (AL) — NYSE strikes Class A stock and 3.700% notes from listing
The New York Stock Exchange has delisted Air Lease Corp's Class A Common Stock and its 3.700% Medium-Term Notes, Series A, due April 15, 2030. This delisting was a voluntary withdrawal by the issuer, with both the Exchange and Air Lease Corp certifying compliance with the required procedures. A Form 25 SEC filing confirms this removal from listing and registration under Section 12(b).
Director Robert A. Milton gifts 7,700 Air Lease (NYSE: AL) shares
Air Lease Corp (NYSE: AL) Director Robert A. Milton reported a bona fide gift of 7,700 shares of the company's Class A Common Stock. The transaction, executed at $0.00 per share, was conducted in accordance with the company's Insider Trading Policy. Following this gift, Milton directly holds 42,527 shares of Air Lease Corporation Class A Common Stock.
Air Lease receives final regulatory approval, expects $65 per share cash merger to close on April 8
Air Lease (AL) has received final regulatory approval for its merger with Sumisho Air Lease and anticipates the deal will close on or about April 8, 2026. Class A shareholders will receive $65.00 cash per share, and upon completion, the company's Class A common stock will be delisted from the NYSE and the company will be renamed Sumisho Air Lease Corporation.
Cash merger to take Air Lease (NYSE: AL) private at $65 per share
Air Lease Corporation has received the final regulatory approval for its merger with a subsidiary of Sumisho Air Lease Corporation DAC. The deal, expected to close around April 8, 2026, will pay Class A common stockholders $65.00 in cash per share, after which Air Lease will delist from the NYSE and be renamed Sumisho Air Lease Corporation. Existing preferred stock will remain outstanding in the surviving entity.
Air Lease clears last regulatory hurdle ahead of planned $65 buyout
Air Lease (NYSE: AL) announced it has received the final regulatory approval required for its merger with a subsidiary of Sumisho Air Lease Corporation DAC. The merger is expected to close around April 8, 2026, subject to remaining conditions. Upon completion, Class A common stockholders will receive $65.00 cash per share, and Air Lease will be renamed Sumisho Air Lease Corporation.
[Form 4] AIR LEASE CORP Insider Trading Activity
Air Lease Corporation director Steven F. Udvar-Hazy reported a bona fide gift transfer of 60,000 shares of Class A common stock on March 5, 2026, with a per-share price of $0.00. This transaction is categorized as gift giving and not a market sale, reflecting estate or family planning. After the gift, Udvar-Hazy holds 1,325,528 shares directly, with significant indirect holdings through trusts, family members, and entities like Emerald Financial LLC and Air Intercontinental, Inc.
AL SEC Filings - Air Lease Corp 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for Air Lease SEC filings (Ticker: AL), including 10-K, 10-Q, and 8-K forms, crucial for investors and traders. It details the company’s financial condition, capital structure, fleet metrics, and the progress of its pending merger with a new holding company. Recent filings highlight the merger agreement, financial terms, regulatory approvals, and insider trading activities.
AL SEC Filings - Air Lease Corp 10-K, 10-Q, 8-K Forms
This page on Stock Titan provides comprehensive access to SEC filings for Air Lease Corporation (AL), including annual, quarterly, and material event reports. It details the company's financial condition, capital structure, and significant events like the pending merger with a new holding company involving Sumitomo Corporation and other entities. The platform also offers AI-powered summaries to help investors understand complex sections of these regulatory documents.
Air Lease (AL) EVP covers tax withholding with share disposal
Air Lease Corporation EVP Carol Hyland Forsyte disposed of 2,024 Class A common shares on February 25, 2026, at $64.85 per share to satisfy tax withholding obligations. This transaction was reported via a Form 4 filing, indicating a tax-withholding disposition rather than an open-market sale. Following this activity, Forsyte directly holds 100,752 shares of Air Lease.
Air Lease (AL) EVP uses 1,815 shares for tax withholding
Air Lease Corp EVP Alex A. Khatibi reported a tax-related disposition of 1,815 shares of Class A common stock on February 25, 2026, at $64.85 per share to cover tax withholding obligations. Following this transaction, Khatibi directly owns 91,506 shares. The transaction is coded "F," indicating it was for tax liabilities rather than a market sale.
Air Lease (AL) EVP uses 1,430 shares for tax-withholding disposal
John D. Poerschke, EVP of Air Lease Corporation, reported a tax-withholding disposal of 1,430 shares of Class A common stock on February 25, 2026, at a price of $64.85 per share. This transaction was to satisfy tax obligations and not an open-market sale. Following this disposal, Poerschke directly owns 107,778 shares of Air Lease.
Air Lease (NYSE: AL) CEO reports 14,365-share tax-withholding move
Air Lease Corporation CEO John L. Plueger reported a tax-withholding disposition of 14,365 Class A common shares at a price of $64.85 per share. This transaction, coded "F," indicates shares were withheld to cover tax liabilities, not sold in the open market. Following the disposition, Plueger directly owns 867,726 Air Lease Class A shares, with an additional 500 shares held indirectly by one of his sons, for which he disclaims beneficial ownership beyond any pecuniary interest.
Air Lease Corp (AL) EVP logs 1,850-share tax-withholding stock disposition
Kishore Korde, Executive Vice President of Air Lease Corp (AL), reported a disposition of 1,850 shares of Class A common stock on February 25, 2026. This transaction, valued at $64.85 per share, was a tax-withholding payment and not an open-market sale, leaving him with 62,853 direct shares. Korde also disclosed indirect holdings tied to his children, for which he disclaims beneficial ownership except for any pecuniary interest.
Large equity grant and tax share withholding at Air Lease (AL)
Air Lease director Steven F. Udvar-Hazy received a grant of 122,595 shares of Class A common stock due to the vesting of performance-based restricted stock units. Concurrently, 46,737 shares were disposed of at $64.66 each to cover tax obligations. Following these transactions, Udvar-Hazy directly holds 1,363,224 shares, with additional indirect holdings through various family members and entities.
Air Lease Corp stock hits all-time high at 64.83 USD
Air Lease Corp (AL) stock reached a new all-time high of $64.83, reflecting strong investor confidence and solid fundamentals, including a 28.69% increase in stock price over the past year. The company is set to be acquired by Sumisho Air Lease Corporation Designated Activity Company for $65.00 per share, with the merger expected to finalize in the first half of 2026. Barclays recently downgraded Air Lease from Overweight to Equalweight with a $65.00 price target due to the nearing acquisition.
Air Lease Corp stock hits all-time high at 64.83 USD
Air Lease Corp (AL) stock reached an all-time high of $64.83, reflecting a 28.69% increase over the past year and strong investor confidence. The company's fundamentals are robust, with a P/E ratio of 6.98 and gross profit margins of 59.43%, and it is considered undervalued by InvestingPro analysis despite being in overbought territory. This market milestone occurs as Air Lease proceeds with its acquisition by Sumisho Air Lease Corporation Designated Activity Company for $65.00 per share, expected to close in the first half of 2026.
Air Lease (NYSE: AL) EVP Poerschke receives shares, withholds for taxes
Air Lease Corporation's EVP John D. Poerschke received 234 shares of Class A common stock through the vesting of performance-based restricted stock units. To cover tax obligations related to this vesting, 97 shares were withheld and delivered at a price of $64.66 per share. After these transactions, Poerschke directly owns 109,208 shares of Air Lease Corporation.
[Form 4] AIR LEASE CORP Insider Trading Activity
Air Lease Corporation (AL) EVP and CFO Gregory B. Willis reported insider trading activity. On February 12, 2026, Willis acquired 309 shares of Class A common stock at $0.00 per share through a performance-based restricted stock unit grant, and disposed of 128 shares at $64.66 per share to cover tax withholding. Following these transactions, Willis directly held 70,892 shares of Air Lease Class A common stock.
Air Lease Corp stock hits all-time high of 64.72 USD
Air Lease Corp (AL) stock reached an all-time high of $64.72, driven by strong investor confidence and favorable market conditions, with a 43.4% increase over the past year. The company boasts an attractive P/E ratio of 7.5, gross profit margins of 58.44%, and has consistently paid dividends for 13 years. This surge occurs amidst the impending acquisition by Sumisho Air Lease Corporation DAC, which will see stockholders receive $65.00 per share and the company renamed, though Barclays recently downgraded the stock from Overweight to Equalweight.
Air Lease Corp stock hits all-time high of 64.72 USD
Air Lease Corp (AL) stock reached an all-time high of $64.72, showing a 43.4% increase over the past year. The company maintains attractive financials with a P/E ratio of 7.5 and high gross profit margins, supporting its 13-year dividend payment streak. This performance comes amidst news of its acquisition by Sumisho Air Lease Corporation DAC for $65.00 per share, with Barclays downgrading the stock to Equalweight ahead of the merger.
Air Lease Corp stock hits all-time high of 64.72 USD
Air Lease Corp (AL) stock reached an all-time high of $64.72, showing a 43.4% increase over the past year due to strong investor confidence and strategic business initiatives. The company maintains an attractive P/E ratio of 7.5 and impressive gross profit margins of 58.44%, alongside 13 consecutive years of dividend payments. This milestone comes as the company prepares for its acquisition by Sumisho Air Lease Corporation DAC, with shareholders set to receive $65.00 per share.
Air Lease stock downgraded by Barclays as Sumitomo acquisition nears
Barclays downgraded Air Lease Corp (NYSE:AL) from Overweight to Equalweight and lowered its price target to $65.00 from $68.00 due to the impending acquisition by Sumitomo Aviation Capital. Despite the downgrade, Barclays expects Air Lease to benefit from expanding yields as COVID-era leases conclude and a favorable supply-demand environment for aircraft leasing. The acquisition deal, approved by shareholders, is set to close in the first half of 2026, with shareholders receiving $65.00 per share in cash.
Air Lease investors set for $65-a-share cash payout in planned sale
Air Lease (NYSE: AL) announced that its Class A common stockholders have approved the definitive merger agreement to be acquired by a new holding company formed by Sumitomo Corporation, SMBC Aviation Capital, Apollo, and Brookfield. Upon closing, Air Lease Class A common stockholders will receive $65.00 in cash per share. The transaction is expected to close in the first half of 2026, subject to satisfaction of closing conditions.
Udvar-Hazy sells Air Lease (AL) stock worth $11.1 million
Steven F. Udvar-Hazy, a director at Air Lease Corp (NYSE:AL), sold 151,533 shares of Class A Common Stock for approximately $11.1 million between December 5th and December 9th, 2025. These sales occurred while the stock was near its 52-week high, having gained over 30% in the past year. Following these transactions, Udvar-Hazy directly owns 1,464,366 shares of the company, with additional indirect holdings through various trusts.
Udvar-Hazy sells Air Lease (AL) stock worth $11.1 million By Investing.com
Steven F. Udvar-Hazy, Director of Air Lease Corp (NYSE:AL), sold 151,533 shares of Class A Common Stock between December 5th and December 9th, 2025, for a total of $11.1 million. The sales were executed at prices ranging from $63.96 to $64.07, occurring as Air Lease shares traded near their 52-week high after gaining over 30% in the past year. Following these transactions, Udvar-Hazy directly owns 1,464,366 shares of Air Lease Corporation.
Udvar-Hazy sells Air Lease (AL) stock worth $11.1 million By Investing.com
Steven F. Udvar-Hazy, a director at Air Lease Corp (NYSE:AL), sold a total of 151,533 Class A Common Stock shares between December 5th and December 9th, 2025, for approximately $11.1 million. The sales occurred as the stock traded near its 52-week high, having gained over 30% in the last year. Following these transactions, Udvar-Hazy directly owns 1,464,366 shares, in addition to indirect holdings through trusts and entities.
Air Lease CFO Willis sells $1.5 million in stock
Air Lease Corp's CFO, Willis Gregory B, sold 23,481 shares of company stock for approximately $1.5 million, with the transaction occurring while Air Lease trades near its 52-week high and shows impressive year-to-date returns. The company is considered undervalued despite recent downgrades by TD Cowen and Deutsche Bank following an announced $7.4 billion merger agreement and upcoming rebranding as Sumisho Air Lease Corporation.
Udvar-Hazy sells Air Lease (AL) shares worth $1.96 million
Steven F. Udvar-Hazy, a Director at Air Lease Corp (NYSE:AL), sold 32,667 shares of the company's Class A Common Stock for approximately $1.96 million between November 18 and November 20, 2025. Following these transactions, Udvar-Hazy still directly owns over 1.5 million shares. The sales occurred as Air Lease Corp is undergoing a significant transformation, including a $7.4 billion acquisition by a holding group backed by Sumitomo, SMBC Aviation Capital, Apollo, and Brookfield, which is expected to close in the first half of 2026.
Udvar-Hazy sells $1.4 million in Air Lease shares
Director Steven F. Udvar-Hazy sold $1.4 million worth of Air Lease Corporation shares across November 11 and 12, 2025. These transactions involved 22,190 shares at prices ranging from $63.91 to $63.935. This news comes amidst Air Lease's recent substantial aircraft investments and a definitive merger agreement valuing the company at $7.4 billion, which has led to analyst downgrades and a negative outlook from Fitch Ratings.
