DUBLIN, March 9, 2015 /PRNewswire/ -- FLY Leasing
Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing,
announced today that it has acquired an Airbus A321-200 aircraft,
manufactured in 2015. The aircraft is on a long-term lease to a
leading European airline.
"FLY continues to grow its fleet with the addition of this brand
new Airbus A321," said Colm
Barrington, CEO of FLY. "We are continuing the strong growth
trajectory achieved in the past two years, which is adding to FLY's
earning capacity while improving its portfolio metrics. FLY will
continue its focus on the aircraft types that are most widely used
by airlines around the world and remain in strong demand."
About FLY
FLY is a global aircraft leasing company
with a fleet of modern, high-demand and fuel-efficient commercial
jet aircraft. FLY leases its aircraft under multi-year operating
lease contracts to a diverse group of airlines throughout the
world. FLY is managed and serviced by BBAM LP, a worldwide leader
in aircraft lease management and financing. For more information,
visit www.flyleasing.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain "forward - looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by words such
as "expects," "intends," "anticipates," "plans," "believes,"
"seeks," "estimates," "will," or words of similar meaning and
include, but are not limited to, statements regarding the outlook
for FLY's future business and financial performance.
Forward-looking statements are based on management's current
expectations and assumptions, which are subject to inherent
uncertainties, risks and changes in circumstances that are
difficult to predict. Actual outcomes and results may differ
materially due to global political, economic, business,
competitive, market, regulatory and other factors and risks.
Further information on the factors and risks that may affect FLY's
business is included in filings FLY makes with the Securities and
Exchange Commission from time to time, including its Annual Report
on Form 20-F and its Reports on Form 6-K. FLY expressly disclaims
any obligation to update or revise any of these forward-looking
statements, whether because of future events, new information, a
change in its views or expectations, or otherwise.
CONTACT:
Matt Dallas
FLY Leasing Limited
+1 203-769-5916
ir@flyleasing.com
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SOURCE FLY Leasing Limited