Colm Barrington Related Content

FLY Leasing Signs Merger Agreement with Carlyle Aviation, Reports Net Loss in Q1/21

FLY Leasing reported total revenues of $80.9 million in Q1/21. It also reported a net loss of $3.4 million in the quarter compared with net income of $38.1 million during Q1/20. During the quarter, FLY Leasing signed a merger agreement to be acquired by Carlyle Aviation Partners. read more

Fly Leasing Reports $31MM Net Income for Q4/2018

Aircraft lessor Fly Leasing released its financial results for the fourth quarter and full year of 2018. Net income for Q4 reached $31 million, while full year net income reached $85.7 million. read more

FLY Leasing Q2 Earnings Up on Higher Rental Revenue, Lease End Income

FLY Leasing’s Q2/18 net income of $24.3 million was up from $2.9 million a year earlier. FLY noted it benefited from higher rental income and the sale of two aircraft that provided an economic gain of $15.6 million. read more

FLY Leasing’s Aircraft Portfolio Acquisition Approved by AirAsia

FLY Leasing’s agreements to acquire 55 Airbus narrow-body aircraft and seven CFM engines on operating lease and the option to purchase an additional 20 Airbus A320neos, were approved by AirAsia Group Berhad. read more

FLY Leasing Reports 12% Growth in Lease Rental Revenue During Q1/18

FLY Leasing grew operating lease rental revenue by more than 12% in Q1/18. FLY reported net income of $9.6 million, while acquiring one new aircraft on a long-term lease and signing deals to acquire 55 aircraft. read more

Fly Leasing FY/17 Swings to Profit

Fly Leasing reported net income for FY/17 was $2.6 million compared to a net loss of $29.1 million a year earlier. read more

FLY Leasing Reprices 2012 Term Loan

FLY Leasing repriced its 2012 term loan at par. The interest rate on the amended loan will be LIBOR + 2.00%, a 0.25% reduction from the previous margin. read more

FLY Leasing Appoints Ruehl Chief Financial Officer

FLY Leasing appointed Julie Ruehl as its chief financial officer, succeeding Gary Dales, who served as FLY's CFO for 10 years. read more

FLY Leasing Q2/17 Income Drops, Portfolio Grows to 81 Aircraft

FLY Leasing reported net income of $2.9 million in Q2/17, down from the $4.7 million the company earned in Q2/16. The company also grew its aircraft portfolio to 81. read more

FLY Leasing Acquires Five Aircraft

FLY Leasing purchased five aircraft including three Boeing 787-8 Dreamliner aircraft that were purchased in a sale and leaseback transaction with a leading flag carrier. read more

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