Fly Adds 787-8 To Its Fleet

FlyLeasing has taken delivery of a new 787-8 aircraft, acquired through a sale and leaseback agreement with LATAM. "This new 787 adds one of the most advanced and fuel-efficient commercial aircraft to our fleet," said Colm Barrington, CEO of Fly. "This is the ninth aircraft we have acquired this year, bringing our total 2013 acquisitions to more than $500m and our portfolio to 108 aircraft,” he added. The purchase was financed with funding from a European bank and Fly's own cash.

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