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Fly Leasing reports Q1 2021 net loss of $3 4 million

Fly Leasing reports Q1 2021 net loss of $3.4 million 6 hours ago In the quarter, FLY’s revenues and net income were again adversely impacted by the global pandemic. Fly Leasing reported total revenues of $80.9 million in Q1 2021 At March 31, 2021, FLY’s total assets were $3.1 billion Fly Leasing Limited, a global aircraft leasing company, today announced its financial results for the first quarter of 2021. Highlights Total revenues of $80.9 million Net loss of $3.4 million, $0.11 per share Unrestricted cash and cash equivalents of $117.2 million $157 million net book value of unencumbered assets “The pending acquisition of Fly Leasing by an affiliate of Carlyle Aviation Partners is on track and is expected to close in the third quarter,” said Colm Barrington, CEO of FLY. “We believe that this transaction represents strong value for FLY shareholders with the per share cash consideration representing a premium of nearly 30% to FLY’s closing price

Fly Leasing Reports First Quarter 2021 Financial Results

Fly Leasing : Q1 2021 Earnings Release

Fly Leasing Reports First Quarter 2021 Financial Results Dublin, Ireland, May 13, 2021 - Fly Leasing Limited (NYSE: FLY) ( FLY ), a global leader in aircraft leasing, today announced its financial results for the first quarter of 2021. Highlights Total revenues of $80.9 million Net loss of $3.4 million, $0.11 per share Unrestricted cash and cash equivalents of $117.2 million $157 million net book value of unencumbered assets The pending acquisition of FLY by an affiliate of Carlyle Aviation Partners is on track and is expected to close in the third quarter, said Colm Barrington, CEO of FLY. We believe that this transaction represents strong value for FLY shareholders with the per share cash consideration representing a premium of nearly 30% to FLY s closing price on March 26, 2021, the last trading day prior to the merger announcement.

Aero K, huitième compagnie aérienne low-cost de Corée du Sud

Aero K, huitième compagnie aérienne low-cost de Corée du Sud
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South Korea s Aero K launches operations | News

By Alfred Chua2021-04-15T06:25:00+01:00 South Korean carrier Aero K has commenced scheduled domestic flights, becoming the country’s eighth low-cost carrier.  The official launch of operations on 15 April comes more than three months since the carrier received its air operator’s certificate for international and domestic air transport operations.  Source: Aero K An Aero K A320 The carrier began operations with a sole Airbus A320ceo, a 14-year-old example registered HL8384. Its first flight was between Cheongju, a city south of Seoul which the carrier is based at, and the popular South Korean island of Jeju.  Aero K intends to operate up to three A320s at the start of operations, with aircraft leased from Carlyle Aviation Partners. 

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