FLY Leasing
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Company type | Public |
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NYSE: FLY | |
Industry | Aircraft Leasing |
Headquarters | , |
Key people |
|
Revenue | US$ 230.7 million (2011)[1] |
Total assets | US$ 3.2 billion (2011) [1] |
Total equity | US$ 443 million (2011) [1] |
Website | www.flyleasing.com |
FLY Leasing (FLY, NYSE: FLY) is an aircraft leasing investment company. [2]
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 of 2012, acquired 50% of FLY's portfolio manager BBAM and invested $75 million into FLY. [3]