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Dublin's FLY Leasing buy 4 aircraft

Monday, April 07 14:26:34

FLY Leasing, the Dublin-based global lessor of commercial jet aircraft, today announced it has added four more aircraft to its fleet.

The deal includes one Airbus A319 manufactured in 2004 and three Boeing 737-800s, one manufactured in 2008 and the other two in 2010.

The aircraft are leased to leading airlines in Europe and Asia with a remaining weighted average remaining lease term of 6.3 years.

"We have now spent over $160 million in 2014 acquiring six additional aircraft and bringing our fleet to 119 aircraft," said Colm Barrington, CEO of FLY. "We have also identified a robust pipeline of acquisitions for the remainder of the year and expect to meet our target of expanding our fleet by up to 15pc in 2014."

FLY now has a fleet of 119 aircraft on lease to 65 airlines in 34 countries.