Air Lease Receives Final Regulatory Approval For Proposed Merger With Ireland-Based Sumisho Air Lease's Subsidiary

Air Lease (NYSE: AL) has received final regulatory approval for its merger with a subsidiary of Sumisho Air Lease Corporation DAC, based in Dublin, Ireland. This approval is a necessary condition for closing the merger, which involves shares held by Sumitomo Corporation, SMBC Aviation Capital Limited, and investment vehicles affiliated with Apollo managed funds and Brookfield.