FLY Leasing Sells Three Boeing 737-800s

DUBLIN, March 5, 2015 /PRNewswire/ — FLY Leasing Limited (NYSE: FLY) (“FLY”), a global leader in aircraft leasing, announced that it has sold three Boeing 737-800 aircraft for $137 million.

“These sales have resulted in a gain over our net book value and have generated more than $30 million in cash, providing further resources to fund our ongoing acquisition program,” said Colm Barrington, CEO of FLY. “The sales were strategic in our effort to maintain a diverse, balanced fleet.”