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 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(Text) CC BY-SA