FLY Leasing has announced its financial results for the first quarter of 2014. The lessor reported a net income of $3.6 million, $0.07 per share, while adjusted net income was $5.1 million, $0.12 per share. FLY acquired four aircraft at a cost of $82 million. “In the first four months of the year, we have added seven aircraft to the fleet, with a consequent growth in top line revenues,” said Colm Barrington, CEO of FLY. “We are making strong and steady progress in achieving our target of 15% growth in our fleet this year, having already spent $176 million. We

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