FLY Leasing Acquires Two Boeing 737s | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Wed, Feb 26, 2014

FLY Leasing Acquires Two Boeing 737s

Brings Total Fleet To 115 Aircraft

FLY Leasing Limited has purchased two more aircraft, a Boeing B737-700 and a B737-800. The aircraft, which were manufactured in 2002 and in 2008 respectively, are leased to airlines in South America and in Europe. The acquisitions will be financed from the Company's free cash and its Term Loan, which was upsized in November 2013.

"FLY has acquired its first two aircraft of the year, two Boeing 737s, which are the work horses of the airline industry and are in strong demand world-wide," said Colm Barrington, CEO of FLY. "Our goal is to grow our fleet by up to 15% this year with a continued focus on new or nearly new aircraft. We will also take advantage of opportunities to add attractively priced mid-age aircraft that offer high returns."

FLY now has a fleet of 115 aircraft on lease to 64 airlines in 34 countries.

FLY is managed and serviced by BBAM LP, one of the world's leading aircraft lease managers with more than 20 years of experience.

FMI: www.flyleasing.com

Advertisement

More News

ANN's Daily Aero-Term (05.05.24): Omnidirectional Approach Lighting System

Omnidirectional Approach Lighting System ODALS consists of seven omnidirectional flashing lights located in the approach area of a nonprecision runway. Five lights are located on t>[...]

Aero-News: Quote of the Day (05.05.24)

"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Aero-News: Quote of the Day (05.06xx.24)

“Our aircrews are trained and capable of rapidly shifting from operational missions to humanitarian roles. We planned to demonstrate how we, and our BORSTAR partners, respond>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC