Takes Over Assets Of Australian Company And Grows Its Fleet By
More Than 80 Percent
Dublin, Ireland-based FLY Leasing Limited ("FLY"), a global
lessor of commercial jet aircraft, announced Wednesday it has
entered into an agreement to purchase a $1.4 billion portfolio of
49 aircraft, increasing FLY's total aircraft under operating lease
to more than $3 billion. The aircraft were previously managed by
Global Aviation Asset Management, an Australian company.