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B&B Air Changes Name to FLY Leasing Limited
Wednesday, June 30, 2010

Babcock & Brown Air Limited, a global lessor of modern commercial jet aircraft, officially changed its name to FLY Leasing Limited.

The name change was approved by shareholders at the Annual General Meeting held in Dublin on June 29, 2010.

Common shares of FLY Leasing will continue to trade on the New York Stock Exchange (NYSE) under the ticker symbol "FLY."

FLY Leasing is managed and serviced by Babcock & Brown Aircraft Management (BBAM LLC).






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