FLY Leasing acquires a Boeing 737-800

DUBLIN, Ireland โ€“ FLY Leasing Limited, a global leader in aircraft leasing, today announced that it has acquired a Boeing 737-800 aircraft in a sale and leaseback transaction with a European airline

DUBLIN, Ireland โ€“ FLY Leasing Limited, a global leader in aircraft leasing, today announced that it has acquired a Boeing 737-800 aircraft in a sale and leaseback transaction with a European airline with which FLY has a long-standing relationship.

โ€œThe B737-800 is a workhorse of the commercial airline industry and is in strong demand globally,โ€ said Colm Barrington, CEO of FLY. โ€œB737-800s comprise a large part of our fleet and we will continue to invest in this attractive aircraft type, which is maintaining a robust market value. FLY continues to pursue attractive growth opportunities.โ€

WHAT TO TAKE AWAY FROM THIS ARTICLE:

  • DUBLIN, Ireland โ€“ FLY Leasing Limited, a global leader in aircraft leasing, today announced that it has acquired a Boeing 737-800 aircraft in a sale and leaseback transaction with a European airline with which FLY has a long-standing relationship.
  • โ€œB737-800s comprise a large part of our fleet and we will continue to invest in this attractive aircraft type, which is maintaining a robust market value.
  • โ€œThe B737-800 is a workhorse of the commercial airline industry and is in strong demand globally,โ€ said Colm Barrington, CEO of FLY.

FLY Leasing acquires Boeing 737-800

DUBLIN, Ireland โ€“ FLY Leasing Limited today announced it has acquired a Boeing 737-800 aircraft manufactured in 2008. The aircraft is on lease to a leading airline in Europe.

DUBLIN, Ireland โ€“ FLY Leasing Limited today announced it has acquired a Boeing 737-800 aircraft manufactured in 2008. The aircraft is on lease to a leading airline in Europe.

โ€œWith the addition of this Boeing 737-800, FLY now has a total of 55 B737-800s in its growing fleet,โ€ said Colm Barrington, CEO of FLY. โ€œWe are on track to invest $750 million in aircraft acquisitions this year, on top of strong fleet growth in both 2013 and 2014. Our strategy of seeking out the most attractive acquisition opportunities is adding further value to our fleet.โ€

WHAT TO TAKE AWAY FROM THIS ARTICLE:

  • โ€œWe are on track to invest $750 million in aircraft acquisitions this year, on top of strong fleet growth in both 2013 and 2014.
  • The aircraft is on lease to a leading airline in Europe.
  • โ€œWith the addition of this Boeing 737-800, FLY now has a total of 55 B737-800s in its growing fleet,โ€ said Colm Barrington, CEO of FLY.

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Linda Hohnholz

Editor in chief for eTurboNews based in the eTN HQ.

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