FLY Leasing

FLY Leasing (FLY) is an aircraft leasing investment company.[2]

FLY Leasing Limited
Public
Traded asNYSE: FLY
IndustryAircraft Leasing
Headquarters
Dublin
,
Ireland
Key people
Joseph M. Donovan (Chairman)
Colm Barrington (CEO)
Revenue $418.3 million (2018)[1]
Total assets $4.2 billion (2018)[1]
Total equity $702.1 million (2018)[1]
Websitewww.flyleasing.com

Its fleet comprises 110 aircraft, mostly Airbus A320 and Boeing 737 aircraft. FLY does not manage its own fleet, instead leases are managed and executed by BBAM, a leasing management firm. FLY strictly focuses on the investment and return of the aircraft instead of carrying out day-to-day operations. As a result, FLY has few employees. Onex, in December 2012, acquired 50% of FLY's portfolio manager BBAM and invested $75 million into FLY.[3]

References
  1. "FLY LEASING LIMITED ANNUAL REPORT". Fly Leasing. Retrieved 27 December 2019.
  2. "Fly Leasing's profits soar in 2018 as it enlarged its fleet of aircraft". The Irish Times. Retrieved 27 December 2019.
  3. https://www.reuters.com/article/2012/12/03/us-onex-acquisition-idUSBRE8B20IR20121203?type=companyNews
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