Fly Leasing Acquires New 737-800

Fly Leasing has purchased a new 737-800 aircraft, which is on a long-term lease to an unnamed leading Asian airline. "We have now acquired seven 737-800s this year, further expanding our fleet of modern and popular commercial aircraft on lease to major airlines around the world," said Colm Barrington, CEO of FLY. In 2013 Fly has purchased aircraft valued at approximately $425m and the latest purchase was financed with Fly's unrestricted cash and its acquisition facility.

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