Europe

FLY continues fleet strategy as it sells 33 Aircraft and announces a 47% reduction in management fee

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FLY continues fleet strategy as it sells 33 Aircraft and announces a 47% reduction in management fee

FLY Leasing today announced the sale of 33 aircraft as part of its fleet renewal strategy and also separately announced a 47% reduction in its annual management fee. The 33 aircraft from its portfolio have been sold for a total of $985 million. This represents a $35 million pre-tax gain over approxi...

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