DUBLIN, April 16, 2015 /PRNewswire/ -- FLY Leasing
Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing,
today announced it has acquired a Boeing 737-800 aircraft
manufactured in 2008. The aircraft is on lease to a leading airline
in Europe.
"With the addition of this Boeing 737-800, FLY now has a total
of 55 B737-800s in its growing fleet," said Colm Barrington, CEO of FLY. "We 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."
About FLY
FLY is a global aircraft leasing
company with a fleet of modern, high-demand and fuel-efficient
commercial jet aircraft. FLY 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, visit www.flyleasing.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward - looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by words such
as "expects," "intends," "anticipates," "plans," "believes,"
"seeks," "estimates," "will," or words of similar meaning and
include, but are not limited to, statements regarding the outlook
for FLY's future business and financial performance.
Forward-looking statements are based on management's current
expectations and assumptions, which are subject to inherent
uncertainties, risks and changes in circumstances that are
difficult to predict. Actual outcomes and results may differ
materially due to global political, economic, business,
competitive, market, regulatory and other factors and risks.
Further information on the factors and risks that may affect FLY's
business is included in filings FLY makes with the Securities and
Exchange Commission from time to time, including its Annual Report
on Form 20-F and its Reports on Form 6-K. FLY expressly disclaims
any obligation to update or revise any of these forward-looking
statements, whether because of future events, new information, a
change in its views or expectations, or otherwise.
Contact:
Matt Dallas
FLY Leasing Limited
+1 203-769-5916
ir@flyleasing.com
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SOURCE FLY Leasing Limited