FLY Leasing gets Boeing 737-800 in sale/leaseback deal

FLY Leasing Limited (NYSE: FLY) said it has acquired a Boeing 737-800 aircraft in a sale and leaseback transaction with a European airline with which FLY has a long-standing relationship.

“The B737-800 is a workhorse of the commercial airline industry and is in strong demand globally,” said Colm Barrington, CEO of FLY. “B737-800s comprise a large part of our fleet and we will continue to invest in this attractive aircraft type, which is maintaining a robust market value. FLY continues to pursue attractive growth opportunities.”

FLY is a global aircraft leasing company with a fleet of modern, high-demand and fuel-efficient commercial jet aircraft. It acquires and leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world.