FLY Leasing
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FLY Leasing
FLY Leasing Limited
Public
Traded asNYSEFLY
IndustryAircraft Leasing
Headquarters,
Key people
Joseph M. Donovan (Chairman)
Colm Barrington (CEO)
RevenueIncrease$418.3 million (2018)[1]
Increase$4.2 billion (2018)[1]
Increase$702.1 million (2018)[1]
Websitewww.flyleasing.com

FLY Leasing (FLY) is an aircraft leasing investment company.[2]

Its fleet comprises 110 aircraft, mostly Airbus A320 and Boeing 737 aircraft. FLY does not manage its own fleet, instead leases are managed and executed by BBAM, a leasing management firm. FLY strictly focuses on the investment and return of the aircraft instead of carrying out day-to-day operations. As a result, FLY has few employees. Onex, in December 2012, acquired 50% of FLY's portfolio manager BBAM and invested $75 million into FLY.[3]

References

  1. ^ a b c "FLY LEASING LIMITED ANNUAL REPORT". Fly Leasing. Retrieved 2019.
  2. ^ "Fly Leasing's profits soar in 2018 as it enlarged its fleet of aircraft". The Irish Times. Retrieved 2019.
  3. ^ https://www.reuters.com/article/2012/12/03/us-onex-acquisition-idUSBRE8B20IR20121203?type=companyNews

External links


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

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