Latest FLY Leasing Limited Stories
DUBLIN, March 12, 2012 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern commercial jet aircraft, today announced that its Chief Executive Officer, Colm Barrington, is scheduled to present at the J.P. Morgan Aviation, Transportation & Defense Conference in New York on Wednesday, March 14, 2012 at 1:10 p.m. Eastern Time. A live webcast of the conference call will also be available in the investor section of FLY's website at www.flyleasing.com. An...
DUBLIN, March 8, 2012 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern, fuel-efficient commercial jet aircraft, today announced its financial results for the fourth quarter and full year of 2011. Fourth Quarter 2011 Highlights Adjusted net income of $20.7 million, $0.80 per shareNet loss of $9.2 million, $0.37 per shareAcquired 51 aircraft for $1.3 billionSold two aircraft for a pre-tax gain of $9.1 millionDeclared 17th consecutive quarterly dividend on...
DUBLIN, Feb. 23, 2012 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern commercial jet aircraft, today announced that it has acquired two Boeing 737-700 aircraft on lease to GOL Airlines, a leading low-cost carrier in Brazil. "We continue to uncover attractive opportunities to acquire aircraft that fit well with FLY's fleet and align with our strategy of pursuing opportunistic growth," said Colm Barrington, CEO of FLY. "The purchase of these two...
DUBLIN, Ireland, Feb. 7, 2012 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a leading global lessor of modern commercial jet aircraft, today announced that it has signed an extension of its credit facility with Norddeutsche Landesbank Gironzentrale (Nord LB). The facility was set to mature in November 2012 and has been extended until 2018. As of December 31, 2011 the outstanding balance of the facility was $598 million. "The extension of our second-largest...
DUBLIN, Jan. 24, 2012 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern commercial jet aircraft, today announced that it will release its fourth quarter and full year 2011 earnings results before the market opens on Thursday, March 8, 2012. FLY's senior management will host a conference call and webcast to discuss these results at 9:00 a.m. U.S. Eastern Time on Thursday, March 8, 2012. Participants should dial +1 706-758-4339 (International) or...
DUBLIN, Jan. 17, 2012 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a leading global lessor of modern commercial jet aircraft, today announced that it has declared a quarterly cash dividend of $0.20 per common share for the fourth quarter of 2011. The dividend will be paid on February 17, 2012 to shareholders of record on January 30, 2012. About FLY FLY acquires and leases modern, high-demand and fuel-efficient commercial jet aircraft under multi-year operating lease...
DUBLIN, Dec. 13, 2011 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern commercial jet aircraft, today announced that it has acquired two Boeing 737-800 aircraft, one on lease to Air China and one on lease to Korean Air. The purchase price for both aircraft totaled approximately $62 million, which was financed from FLY's unrestricted cash and new bank debt. FLY also announced that it has sold two aircraft from its portfolio for a total of $139...
DUBLIN, Nov. 2, 2011 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern, fuel-efficient commercial jet aircraft, today announced its financial results for the third quarter of 2011. Third Quarter 2011 Highlights Adjusted net income of $4.1 million, EPS of $0.16, excluding share-based compensationNet income of $3.4 million, EPS of $0.13Available Cash Flow of $28.8 million, $1.12 per shareAcquired 49 additional aircraft in a transaction that closed on October...
DUBLIN, Oct. 17, 2011 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern commercial jet aircraft, today announced that it has declared a quarterly cash dividend of $0.20 per common share for the third quarter of 2011. The dividend will be paid on November 21, 2011 to shareholders of record on October 31, 2011. About FLY FLY acquires and leases modern, high-demand and fuel-efficient commercial jet aircraft under multi-year operating lease contracts to a...
DUBLIN, Oct. 17, 2011 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern commercial jet aircraft, today announced it completed the acquisition of a $1.4 billion portfolio of 49 aircraft. These 49 aircraft increase FLY's fleet to a total of 109 aircraft on lease to 53 airlines in 29 countries. The purchase price was fully funded from FLY's existing unrestricted cash and the assumption of existing non-recourse debt. "The acquisition of 49 aircraft is...
