FLY Leasing Limited today announced the purchase of four new aircraft, including a new Boeing 787 Dreamliner and a new Boeing 737 MAX 8, the first 737 MAX to join FLY's fleet. The 787 is on a 12-year lease to a European airline and the 737 MAX 8 is on a 12-year lease to an Asian carrier. FLY also acquired a new Boeing 737-800 on a 10-year lease to a flag carrier in Europe and a new Airbus A320-200 on a 12-year lease to an airline in Asia.
“We continue to find attractive deals to grow our fleet with top quality aircraft on long leases to leading airlines,” said Colm Barrington, CEO of FLY. “We are thrilled to have added our first new generation 737 MAX 8 to the fleet and to have added our fifth 787. We also continue to add to our growing number of 737-800s and A320s, which are the most in-demand commercial narrowbody aircraft. Our pipeline of deals is strong and we look forward to announcing more acquisitions in the near future.”