AirAsia shareholders approve Fly Leasing's acquisition of major aircraft portfolio



Fly Leasing Limited (NYSE: FLY), a global provider of aircraft leasing, has announced that all agreements relating to FLY´s acquisition of 55 Airbus narrow-body aircraft and seven CFM engines on operating lease, and the option to purchase an additional 20 Airbus A320neo family aircraft, were approved by the shareholders of AirAsia Group Berhad, the company said.

The approval was granted at the company´s extraordinary general meeting on May 14, 2018.

FLY is a global aircraft leasing company with a fleet of modern, high-demand and fuel-efficient commercial jet aircraft. FLY leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world. FLY is managed and serviced by BBAM LP, a worldwide provider of aircraft lease management and financing. For more information visit www.flyleasing.com.