When SMBC Capital Aviation announced the executive team this week for its bumper merger with Air Lease, it marked a significant chapter in closing one of the biggest deals in aviation leasing in recent memory. The acquisition, announced last year, is worth $7.4 billion but actually comes to a grand a total of $28.2 billion when debt is taken into account. SMBC is leading a consortium with its Japanese parent Sumitomo and investment firms Apollo and Brookfield Asset Management to buy the New York-listed lessor. As aviation executives and dealmakers gathered in Dublin this week at the Growth Frontiers conference,…

Want to continue reading?

Unlock full access to The Currency and The Wall Street Journal with an Annual membership and receive a free Samsonite suitcase – worth €235 delivered to your door.

Subscribe

Cancel at any time.

Are you already a member? .