The world leasing aircraft shrinks from $ 7.4 billion.

Leasing firm plane Air rentFounded by the Mogul Steven Udvar-Házy industry, agreed to sell itself in an agreement that would accept a private group of investors for $ 7.4 billion, entering more consolidation in the aircraft.

Planned acquisition announced on Tuesday, headed by Japanese Sumitomo and SMBC Aviation Capital, and also includes asset executive Apollo And the brutophile. The shareholders in Los Angeles Air Lime will receive $ 65 per share, almost 8% premium before closing on Friday. Including debt, investors estimate about $ 28.2 billion.

The lease is rented by airlines for helping these carriers to keep cash, otherwise you will have to use to buy aircraft that can cost more than $ 100 million apiece. Aircraft deficit in recent years – caused by pandemic, Problems with a chain of supply And other slows – pushed the rental rate for new and old models.

According to the IBA Group Aviation Consulting Company, in 2009, in 2009, more than half the world’s passenger fleet owned, increased with 51% of the property by 58%. He did not notice more growth because some large airlines became profitable, which allowed them to own many planes.

“Cash for these guys are no longer strangers,” said Stewart Hetcher, the chief economist of the IBA Group.

At the same time, many airlines rethink their plans for potential, as this year the flights were redirected and eaten. At the end end, Spirit Airlines on Friday fell into section 11 Bankruptcy Protection A second time less than a year after that failed Basic changes The first time appeared with high expenses and the drop in demand.

The secured deal emphasizes the wave of consolidation in this area and will help companies grow scale. Air Lread ended in a second quarter with 495 planes in the owned fleet.

Including its lag, Air Lege is the fifth largest aircraft landlord, IBA reports. The parties expect the deal to close in the first half of 2026. The new company will be in Dublin.

“It makes sense if you consider it … the cheapest way to acquire market growth,” said Hatcher IBA.

The total electric sold it Proorgety to the No. 1 of the Lental Airplane Aercap In 2021, when the conglomerate turned units to focus on large enterprises such as the production of the plane engines.

Two years ago, Standard Chartered agreed to sell his leasing business Avilease, owned by the Saudi Arabian Sovereign Fund.

In 2010, Udwar Jasi in 2010 called the “godfather” of aviation leasing, the Udwar-Khazi founded Air Arenment, working closely with the CEO of Air Live John Playger.

“Since the founding of Air Lime in 2010, we have become unwavering in our mission to form the future aviation industry and provide airlines worldwide access to the most modern, economic aircraft,” said Udwar Khazi on Tuesday.

Udwar-Khazi, who escaped Soviet Hungary with his parents in the late 1950s, a lifetime love for aviation and often attributed to the creation of a leasing business of the aircraft. In 1973, he co -founded his previous leasing company, later known as ILFC, and later sold AIG. He continued to manage him until 2010 and announced the lease of Air last March.