FLY Leasing is a leading global lessor of modern, high-demand and fuel-efficient commercial jet aircraft. FLY’s shares trade on the NYSE under the ticker symbol “FLY.”
FLY Leasing focuses on acquiring and leasing the most modern fuel-efficient commercial jet aircraft, which are in strong demand around the world. FLY’s aircraft are leased under multi-year contracts to a diverse group of airlines throughout the world. FLY’s strategy is to effectively manage its fleet and grow its portfolio through accretive acquisitions of aircraft.
FLY Leasing is managed and serviced by BBAM L.P. (“BBAM”), one of the world’s leading aircraft leasing companies with more than 25 years of experience in aircraft leasing. BBAM acts as manager of FLY and servicer of the aircraft portfolio under multi-year management and servicing agreements. In addition to arranging for the leasing of the fleet, BBAM assists in the acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing FLY Leasing’s rights against lessees.