FLY Leasing Limited

FLY Leasing Limited is a Dublin-based company specializing in the acquisition and leasing of commercial jet aircraft, providing tailored solutions for airlines globally to optimize fleet management and operational flexibility. FLY Leasing Limited, headquartered in Dublin, Ireland, focuses on the leasing of commercial aircraft. The company was acquired by BBAM, a portfolio company of Onex Corporation, in January 2013 for USD 25 mn. The company was founded by Greg Scales, Mohamed Tandjigora, and Phanna Phorn, with Lee Patrick and Matheus Henrique currently serving as executive leadership.

FLY Leasing, through its affiliation with Carlyle Aviation Partners, specializes in the acquisition and leasing of commercial jet aircraft. The company primarily provides operating leases for a diverse fleet of aircraft types to airlines worldwide, including carriers in North America, Europe, and Asia. This service enables clients to enhance fleet management and operational flexibility without the considerable upfront costs of purchasing aircraft. The company tailors its leasing solutions to meet the specific needs of both established and emerging airlines, allowing them to focus on core business activities while effectively managing their fleet.

FLY Leasing generates revenue mainly through long-term operating leases of its aircraft to various airline clients. Airlines make regular lease payments for using the aircraft over specified periods, ensuring predictable cash flow and financial stability for the company. The demand for aircraft leasing drives revenue, with FLY Leasing offering flexible solutions for both short-term and long-term needs. Pricing for leasing agreements considers factors such as aircraft type, lease duration, and market conditions, maintaining competitive rates in line with industry standards.

FLY Leasing plans to utilize the recent funding secured in January 2013 to enhance its portfolio and expand its market presence. The company aims to introduce new aircraft types to its leasing offerings in the upcoming years, addressing the evolving needs of airlines. Additionally, FLY Leasing is targeting expansion into Asian and European markets to increase its operational footprint. The recent funding will support these initiatives, driving growth and diversification in its leasing operations.