Fly Leasing has contracted to sell 12 narrowbody aircraft from its portfolio. The 12 aircraft have a weighted average age of 10.6 years and an average remaining lease term of 3.2 years. FLY anticipates the sales will generate in excess of $125 million of cash after repaying debt and satisfying other...
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LOW-COST AIRFARE MORE THAN A THIRD CHEAPER DESPITE EXTRAS
By
Dino D'Amore
20th April 2011