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Sun, Sep 07, 2014

FLY Leasing Acquires Two Airbus A330-300 Aircraft

Will Be Operated By An Asian Carrier In A Lease-Back Transaction

FLY Leasing Limited has acquired two Airbus A330-300 aircraft manufactured in 2013 and on lease to a leading airline in Asia in a sale and lease-back transaction.

"We are excited about these two latest acquisitions of modern aircraft on lease to a major Asian airline," said Colm Barrington, CEO of FLY.

"FLY has now acquired 16 aircraft for more than $660 million this year, underscoring our focus on growing FLY's fleet profitability with the most in-demand commercial aircraft. We expect that our continued fleet growth will have a positive impact on FLY's lease revenues and profitability."

FLY now has a fleet of 122 aircraft on lease to more than 65 airlines in over 35 countries.

(Image from file)

FMI: www.flyleasing.com

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