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FLY in the News

FLY Leasing Re-Prices 2012 Term Loan

DUBLIN, Ireland, May 16, 2013 – FLY Leasing Limited (NYSE: FLY) (“FLY”), a global lessor of modern commercial jet aircraft, today announced a further re-pricing of its 2012 Term Loan.  The interest rate on the amended loan will be LIBOR plus 3.50%, a 1.00% reduction from the previous interest rate. In addition, the LIBOR floor [...]

FLY Leasing Sees Strong Growth in Revenues

FLY Leasing Sees Strong Growth in Revenues By CIARÁN HANCOCK, Finance Correspondent Irish Times Fly Leasing, a Dublin-based and New York-listed aircraft leasing company led by Aer Lingus chairman Colm Barrington, announced strong growth in its revenues and profits yesterday. The company reported net income for 2012 of $47.7 million, up from $1.1 million the [...]

Fly Leasing won’t need extra cash to finance growth plan

By John Mulligan Independent.ie Tuesday January 22 2013 Barrington firm hopes to increase its portfolio by 10 aircraft a year Fly Leasing, the international aircraft leasing firm headed by Colm Barrington, probably won’t need to raise any additional funds this year to finance its growth plans. Mr Barrington, who is also chairman of Aer Lingus, [...]

Bloomberg TV: FLY Leasing is Ready to Grow Its Business

FLY Leasing CEO Colm Barrington is interviewed by Pimm Fox, host of Bloomberg TV’s “Taking Stock” program. Click here for the video link.        

Bloomberg TV Interview with FLY CEO Colm Barrington

FLY Leasing CEO Colm Barrington is interviewed by Pimm Fox, host of Bloomberg TV’s “Taking Stock” program. Click here for the video link.  

FLY Almost Doubles Fleet in FY2011 – Airfinance Journal

FLY Almost Doubles Fleet in FY2011 – Airfinance Journal

This Stock Has A 6.96% Yield And Sells For Less Than Book – Forbes

From Forbes Fly Leasing Ltd. (NYSE: FLY) has been named as a Top 25 dividend stock, according the most recent Dividend Channel ”DividendRank” report. The report noted that among the coverage universe, FLY shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent FLY share price of $12.66 represents a price-to-book [...]

Fly Leasing raises quarterly dividend to 22 cents – Associated Press

From Associated Press Citing larger profits, Fly Leasing raises quarterly dividend to 22 cents from 20 cents NEW YORK (AP) — Irish aircraft leasing company Fly Leasing Ltd. said Friday it is raising its quarterly dividend by 10 percent, to 22 cents from 20 cents. The company will pay its next quarterly dividend Aug. 20 [...]

Take Flight With This 6.6% Yielder – Seeking Alpha

From Seeking Alpha I pride myself on being a contrarian investor. However, my latest find is even far out on the contrarian scale for me. It is in a lousy industry (airlines) and is headquartered in one of the PIIGS (Ireland) as well. However, it is a strong operator with a growing portfolio of assets. [...]

FLY Leasing reports strong first quarter earnings – Asset Finance International

From Asset Finance International. Written by Nigel Carn Friday, 04 May 2012 Dublin-based aircraft lessor FLY Leasing has reported its financial results for the first quarter of 2012. FLY’s net income for the first quarter was $20.4m compared to net income of $2.8m for the same period in 2011. Contributing to the increase in earnings [...]