FLY Leasing Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing, today announced it has acquired a new Boeing 737-800 aircraft in a sale and leaseback transaction with an airline. The aircraft is on lease until 2027.
"This brand new B737-800 is our latest acquisition as we look to deploy capital to grow earnings," said Colm Barrington, CEO of FLY. "Following our recent sale of a large group of mid-aged aircraft from our fleet, we are on track to invest more than $750 million in aircraft acquisitions this year, which will further reduce our fleet age, enhance our earnings and increase our ROE. Meanwhile our average lease term is also increasing."
About FLY
FLY is a global aircraft leasing company with a fleet of modern, high-demand and fuel-efficient commercial jet aircraft. FLY acquires and leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world. FLY is managed and serviced by BBAM LP, a worldwide leader in aircraft lease management and financing. For more information visitwww.flyleasing.com.
Embraer and LATAM Airlines Group have signed a Component Pool Program agreement to support the airline's introduction of 24 Embraer E195-E2 aircraft. In addition to the firm order, LATAM retains o...
At Marrakech Airshow 2026, Bell Textron Inc. announced AVIARAIL as its new authorized independent sales representative for Morocco, reinforcing its commercial footprint and enhancing engagement with c...
Viasat, a global leader in satellite communications, has enhanced its JetXP business aviation connectivity service with a simplified three-tier plan structure and, for the first time, publis...
EVIA AERO and Fabspace Hangars are addressing one of aviation’s most pressing infrastructure challenges: the shortage of hangar capacity across Europe. Through their partnership, EVIA AERO now o...
