For two consecutive years, FLY has grown its fleet by 15% or more.
DUBLIN – Growing its fleet to 127 aircraft, FLY Leasing Limited, a global lessor of modern commercial jet aircraft, announced it has delivered the last of three Boeing 737-800 aircraft to a leading Asian airline. The three new aircraft are on 10-year leases.
“FLY has acquired 22 newer aircraft this year, while divesting of older models, which is transforming our fleet and driving strong growth in our lease revenues,” said Colm Barrington, CEO of FLY. “For two consecutive years, FLY has grown its fleet by 15% or more, while at the same time returning capital to shareholders with its attractive quarterly dividend. With a strong balance sheet and a nimble strategy that allows us to act quickly to take advantage of opportunities in the market, FLY is in an excellent position to continue delivering both strong growth and income to its shareholders.”
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.
