A world for leasing plane shrinks from $ 7.4 billion downloads air lease

Aircraft healing firm Air rentThe established industry Mogul Steven Sudvar-Hazi, agreed to be sold by the contract, which should be privately grouped in the investor group for $ 7.4 billion, in several consolidation in favorable business by plane.

The planned shopping, announced on Tuesday, was led by Japan Sumitomo and SMBC Aviation Capitol, and also includes property managers Apollo and Brookfield. Shareholders in Los Angeles-based air lease would receive $ 65 shares, almost 8% of the premiums until Friday. Including debt, investors enter a company at about $ 28.2 billion.

Statplates Wanted airlines for airlines, helping these cash savings carriers that would otherwise have to use to buy a plane that can cost more than 100 million dollars at the list of lists. Lack of aircraft in recent years – guided by a saved pandemic, Supply chain problems Other slowdowns – pushed rent rates on records for new and older models alike.

Business on the leasing of an aircraft, which owns more than half of the world fleet of passenger nozzles, has grown 51% of the 2009 ownership. Year to 58% stake, in accordance with the air consulting company IBA GROUP. It has not seen more growth because some large airlines have become profitable, which allowed them to possess many of their planes.

“Gotovina is no longer a foreigner for these guys,” Stuart Haketar said, chief economist in the IBA group.

At the same time, many airlines now reconsider their capacity plans as flights overturned at prices and ate in their earnings this year. At the end end, Spirit Airlines on Friday submitted for Chapter 11 Bankruptcy protection the second time in less than a year after it didn’t work Main changes For the first time around and appeared with great costs and a drop in demand.

The agreement at the opportunity underlines the wave of consolidation in the industry and will help companies grow their scale. The lease of the air ended the second quarter with 495 plane in its moisture.

Including her backlog, the lease of air is the biggest lines of the plane, in accordance with IBA. The parties expect the agreement to be closed in the first half of 2026. Years. The new company will be based in Dublin.

“It has perfect sense when you think it is … the cheapest way to buy market growth,” Ibac said.

General Electric it’s sold Flights Leasing Arm to no. 1 lines of aircraft Aercap In 2021. years while the conglomerate carved units to focus on the main enterprises such as engine aircraft production.

Two years ago, Standard Chartered agreed to sell her business planes for Avileas, who owned a sovereign wealth fund to Saudi Arabia owned by Saudi Arabia.

He often called the “Kuma” of the Aircraft Leasing, Sudvar-Hazi, founded the lease of air in 2010. years, worked closely with John Plueger’s lease directors.

“Since we establish an air lease in 2010. In our mission, we have made airlines in our mission and provide airlines around the world with the most modern, hydroexypaized planes,” said Ubedvar-Hazi on Tuesday.

Udvar-Hazi, who escaped Soviet Hungarian with parents at the end of the 1950s, had a life-friendly love and is often attributed to creating a business leasing. He covered his previous leasing company, later known as ILFC, 1973. years later, it was sold to AIG. He continued to lead him by 2010. years and announced a pension from the air lease this March.