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FLY closes acquisition of 49 aircraft

17 October 2011

The Dublin based lessor has grown it's fleet by 80% with the $1.4 billion purchase.

Read more: FLY GAAM lessors

FLY Leasing has closed the acquisition of 49 aircraft, worth $1.4 billion. The purchase of the aircraft portfolio was fully funded from FLY's unrestricted cash...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus


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