FLY Leasing Limited, a global lessor of modern commercial jet aircraft, announced it has closed a new $250 million warehouse facility to support its ongoing acquisition of aircraft.
DUBLIN – The facility has a two-year draw down period followed by a three-year term period, maturing in November 2017. Deutsche Bank AG, Citigroup Global Markets, Inc., Morgan Stanley Senior Funding, Inc., RBC Capital Markets and BNP Paribas were the Joint Lead Arrangers and Bookrunners for the transaction.
“The successful completion of this aircraft acquisition facility at attractive pricing provides FLY with additional resources to grow its fleet with young aircraft,” said Colm Barrington, CEO of FLY Leasing. “We will continue to focus on the most modern and popular narrow body aircraft that are in high demand with airlines around the world.”
FLY has a fleet of 110 modern commercial aircraft on lease to 53 airlines in 29 countries.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
