DUBLIN, Oct. 12, 2015 /PRNewswire/ -- FLY Leasing
Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing,
today announced that it has acquired a Boeing 737-800 aircraft in a
sale and leaseback transaction with a European airline with which
FLY has a long-standing relationship.
"The B737-800 is a workhorse of the commercial airline industry
and is in strong demand globally," said Colm Barrington, CEO of FLY. "B737-800s comprise
a large part of our fleet and we will continue to invest in this
attractive aircraft type, which is maintaining a robust market
value. FLY continues to pursue attractive growth
opportunities."
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 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