FLY Leasing reports Q2 results; acquires five aircraft

During the second quarter of 2016, FLY Leasing has reported net income of $4.7 million, or $0.14 per share. Net income for the six months ended June 30, 2016 was $11.8 million, or $0.35 per share.  For the same six month period in 2015, there was a restated net loss of $23.8 million, or $0.59 per share. Adjusted net income was $15 million, or $0.45 per share, for the quarter, which compares to a restated net loss of $43.7 million, or $1.06 per share, for the same period in 2015. For the six months ended June 30, 2016, adjusted net