logo
Plus   Neg
Share
Email

FLY Leasing Takes Delivery Of New Boeing 787-8 Dreamliner - Quick Facts

FLY Leasing Limited (FLY), a global lessor of modern commercial jet aircraft, announced that it has taken delivery of a new Boeing 787-8 Dreamliner. FLY Leasing said that the aircraft was acquired through a purchase and leaseback agreement with LATAM previously announced in July. The purchase was financed with funding from a European bank and FLY's own cash.

"This is the ninth aircraft we have acquired this year, bringing our total 2013 acquisitions to more than $500 million and our portfolio to 108 aircraft. With a strong reserve of available capital, we are continuing to execute on our strategy of growing our fleet with the most modern aircraft, which will continue to increase our cash flow and earnings per share," said Colm Barrington, CEO of FLY.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After coming under pressure early in the session, stocks regained some ground over the course of the trading day on Friday. The major averages climbed well off their lows of the session, with the S&P 500 briefly turning positive. President Donald Trump's former campaign chairman Paul Manafort is headed to jail after his bail was revoked by a District Court Judge on Friday. Manafort will remain in jail as he awaits trial on criminal charges related to his lobbying work for a pro-Russia party in Ukraine. Dealing a major blow to House Republican leaders that spent weeks crafting compromise immigration legislation, President Donald Trump declared Friday that he will not sign the bill. The comments from Trump come after House Speaker Paul Ryan, R-Wis., staved off a revolt by some moderate Republicans...
Follow RTT