FLY Leasing sells six aircraft

FLY Leasing, a global lessor of modern commercial jet aircraft, has sold six Boeing 717-200 aircraft manufactured in 2001. The aircraft were acquired by FLY in 2011 as part of a 49-aircraft portfolio transaction. “The sale of these non-core aircraft will result in a gain over our current book value and generate gross cash proceeds of $17m,” said Colm Barrington, CEO of FLY.