SUMISHO AIR LEASE CORP - 8-K Filing
Sumisho Air Lease reported Q1 2026 results with revenue of $739.2 million (up 0.1% YoY) and net income of $114.8 million ($1.02 diluted EPS), down 68.5% and 68.7% respectively from $364.8 million ($3.26 diluted EPS) in Q1 2025. The decline was driven by a $332 million recovery of Russian fleet write-off in the prior year and lower aircraft sales gains. The company took delivery of 12 aircraft ($780 million) and sold six for $275 million. On April 8, 2026, it completed a merger with Apollo and Brookfield affiliates, rebranding from Air Lease Corporation. (Items: 2.02 Results of Operations and Financial Condition, 7.01 Regulation FD Disclosure, 9.01 Financial Statements and Exhibits)
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