During the third quarter 2013, Fly Leasing’s income and diluted earnings per share for the third quarter of 2013 were $304,000 and $0.00 per share compared to a loss of $29.4 million and a loss of $1.15 per share in the same period of 2012. Operating lease revenue decreased from $84.4 million for the third quarter of 2012 to $78.4 million for the third quarter of 2013, primarily due to a decrease in end of lease income from $5.8 million in 2012 to $0 in 2013. The loss in the third quarter of 2012 included expenses of $32.3 million associated
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