Headquartered in Los Angeles, CA·Fiscal year ends December·NYSE: AL·airleasecorp.com
About Air Lease
Sumisho Air Lease Corporation (formerly Air Lease Corporation) is a global aircraft leasing company acquired in April 2026 by Sumitomo Corporation, SMBC Aviation Capital, and investment vehicles affiliated with Apollo and Brookfield. The company is principally engaged in leasing new technology, liquid commercial aircraft to airlines worldwide. As of June 30, 2026, the company owned a fleet of 488 aircraft (350 narrowbody and 138 widebody), with 85% classified as new technology types including A320neo family, A350, Boeing 737 MAX, and Boeing 787 aircraft. The fleet has a weighted average age of 4.8 years and a weighted average remaining lease term of 7.0 years. The company serves 96 airlines across 50 countries, with geographic exposure concentrated in Europe (39.5%) and Asia Pacific (35.9%). Following the merger, the company no longer maintains an OEM order book, and its non-U.S. airline fleet is exclusively serviced by SMBC Aviation Capital. The company funds its operations primarily through unsecured debt financing (~99% unsecured), maintaining investment grade ratings from S&P (BBB), Fitch (BBB), and Kroll (A-). Updated
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Sumisho Air Lease Corporation (formerly Air Lease Corporation) is a global aircraft leasing company acquired in April 2026 by Sumitomo Corporation, SMBC Aviation Capital, and investment vehicles affiliated with Apollo and Brookfield.
What is the AL stock price target?
The Wall Street consensus 12-month price target for AL is $65.00.