FLY Leasing

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

FLY Leasing Limited
TypePublic
NYSE: FLY
IndustryAircraft Leasing
Headquarters,
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

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