Puneet Varma (Editor)

FLY Leasing

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Type
  
Public

Industry
  
Aircraft Leasing

Total assets
  
US$ 3.2 billion (2011)

Traded as
  
NYSE: FLY

Key people
  
Colm Barrington (CEO)

Founded
  
2007


Revenue
  
US$ 230.7 million (2011)

Stock price
  
FLY (NYSE) US$ 13.81 +0.51 (+3.83%)10 Mar, 4:00 PM GMT-5 - Disclaimer

Headquarters
  
DĂșn Laoghaire, Republic of Ireland

Subsidiaries
  
Babcock & Brown Aircraft Acquisition I Limited

FLY Leasing (FLY) is an aircraft leasing investment company.

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.

References

FLY Leasing Wikipedia