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Stock Market & Financial Investment News

News Breaks
August 7, 2014
09:06 EDTFLYFly Leasing acquires two more aircraft
FLY Leasing has acquired a Boeing 737-800 to be leased to a leading airline in North America and an Airbus A330-300 on lease to a leading airline in Asia. The Airbus aircraft is the first of three A330s that FLY is acquiring in a sale and leaseback transaction with the Asian airline.
News For FLY From The Last 14 Days
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May 20, 2015
07:56 EDTFLYFly Leasing aircraft sale would be positive catalyst, says Wells Fargo
Based on a report by Fitch Ratings, Wells Fargo believes that Fly Leasing may be preparing to sell over 15% of its aircraft. The firm says that such a transaction would improve the company's book value per share and price to book multiple,liberate cash for accretive uses, and reduce aircraft remarketing risk. The firm keeps an Outperform rating on the shares.

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