|Change:||-$0.06 ( -0.47% )||52Wk High:||$14.45|
Fly Leasing Limited is engaged in purchasing commercial aircraft, which it leases under multi-year contracts to a range of airlines. The Company operates through aircraft leasing segment. The Company primarily acquires aircraft by entering into purchase and leaseback transactions with airlines for new aircraft; purchasing portfolios, which consists of aircraft of various types and ages, and acquiring individual aircraft. The Company has approximately 80 aircraft in its portfolio, over 70 of which are held for operating lease and one of which is recorded as an investment in direct finance lease. The portfolio consists of approximately 70 narrow-body passenger aircraft and over 10 wide-body passenger aircraft. The Company has over 40 Boeing aircraft, which include A319-100, A320-200, A321-200, A330-200, A330-300, A340-300 and A340-600, and approximately 30 Airbus aircraft, which include B737-300QC, B737-700, B737-800, B737-900ER, B757-200, B757-200SF, B767-300ER, B777-200LRF and B787-8.