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
MAY 14, 2021 - 7:17 am
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
MAR 8, 2019 - 6:40 am
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
AUG 24, 2018 - 7:59 am
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
MAY 17, 2018 - 6:45 am
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
MAY 4, 2018 - 7:11 am
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
MAR 8, 2018 - 8:27 am
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
NOV 2, 2017 - 6:45 am
FLY Leasing appointed Julie Ruehl as its chief financial officer, succeeding Gary Dales, who served as FLY's CFO for 10 years. read more
AUG 11, 2017 - 6:37 am
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
AUG 10, 2017 - 7:19 am
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
JUL 28, 2016 - 7:05 am