FLY Leasing acquires two more aircraft

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By TESTCustomwebLP TESTCustomwebLP August 7, 2014 20:04

FLY Leasing acquires two more aircraft

Dublin-based lessors FLY Leasing Ltd has announced the acquisition of a B737-800 to be leased to an airline in North America, and an A330-300 on lease to an airline in Asia.

The Airbus is the first of three A330s that FLY is acquiring in a sale and leaseback transaction with the Asian airline.
 
Colm Barrington, CEO of FLY, said: “With more than $460 million of acquisitions this year, FLY is focused on continuing its strong fleet growth with the most in-demand aircraft types. These new acquisitions, combined with our sales of older aircraft – which have been sold at gains to book value – have reduced the average age of FLY’s fleet to 8.7 years at the end of the second quarter.”

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By TESTCustomwebLP TESTCustomwebLP August 7, 2014 20:04