Fly Leasing purchases four new aircraft

A Boeing 787 Dreamliner is on a 12-year lease to a European airline and the 737 MAX 8 is on a 12-year lease to an Asian carrier.

Fly Leasing has also acquired a new Boeing 737-800 on a 10-year lease to a flag carrier in Europe and a new Airbus A320-200 on a 12-year lease to an airline in Asia.

Colm Barrington, CEO of Fly Leasing, said: “We continue to find attractive deals to grow our fleet with top quality aircraft on long leases to leading airlines.

“We are thrilled to have added our first new generation 737 MAX 8 to the fleet and to have added our fifth 787.

“We also continue to add to our growing number of 737-800s and A320s, which are the most in-demand commercial narrowbody aircraft.

“Our pipeline of deals is strong and we look forward to announcing more acquisitions in the near future.”

Fly Leasing is a global aircraft leasing company which acquires and leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world.

It is managed and serviced by BBAM, a worldwide leader in aircraft lease management and financing.