Fly Leasing, which is in the process of being acquired by Carlyle Aviation, has reported total revenues of $80.9 million for the first quarter (Q1) of 2021, compared to $121.5million in Q1 2020. FLY has posted a net loss of $3.4 million, or $0.11 per share, for Q1 2021, compared to net income of $38.1 million, or$1.24 per share, for the same period in 2020. “In the quarter, FLY’s revenues and net income were again adversely impacted by the global pandemic,” said Colm Barrington, CEO of FLY. “While we are seeing improvements in some sectors of the global airline industry, particularly in US and Chinese domestic traffic, there are still large parts of the

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