FLY Leasing acquires two Boeing 737s

FLY Leasing, a global lessor of modern commercial jet aircraft, has purchased two more aircraft, a Boeing B737-700 and a B737-800. The aircraft, which were manufactured in 2002 and in 2008 respectively, are leased to airlines in South America and in Europe. The acquisitions will be financed from the Company’s free cash and its Term Loan, which was upsized in November 2013.