FLY Leasing
Aircraft leasing company
From Wikipedia, the free encyclopedia
FLY Leasing (FLY) is an aircraft leasing investment company.[2]
 | |
| Company type | Public |
|---|---|
| NYSE: FLY | |
| Industry | Aircraft 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] |
| Website | www.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] In August 2021, Carlyle Aviation Partners announced the completion of the acquisition of FLY.[4]