FLY Leasing acquires two more aircraft

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Written by Linda Hohnholz

DUBLIN, Ireland – Continuing its fleet growth, FLY Leasing Limited, a global lessor of modern commercial jet aircraft, today announced that it has acquired a Boeing 737-800 to be leased to a leading a

DUBLIN, Ireland – Continuing its fleet growth, FLY Leasing Limited, a global lessor of modern commercial jet aircraft, today announced that it has acquired a Boeing 737-800 to be leased to a leading airline in North America and an Airbus A330-300 on lease to a leading airline in Asia. The Airbus aircraft is the first of three A330s that FLY is acquiring in a sale and leaseback transaction with the Asian airline.

“With more than $460 million of acquisitions this year, FLY is focused on continuing its strong fleet growth with the most in-demand aircraft types,” said Colm Barrington, CEO of FLY. “These new acquisitions, combined with our sales of older aircraft โ€“ which have been sold at gains to book value โ€“ have reduced the average age of FLY’s fleet to 8.7 years at the end of the second quarter.”

FLY now has a fleet of 120 aircraft on lease to more than 65 airlines in over 35 countries.

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Linda Hohnholz

Editor in chief for eTurboNews based in the eTN HQ.

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