Fly Leasing (FLY) Tops Q1 EPS by 41c

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FLY Leasing Reports First Quarter 2015 Financial Results

May 8, 2015 8:00 AM UTC

DUBLIN, May 8, 2015 /PRNewswire/ -- FLY Leasing Limited (NYSE: FLY) ("FLY"), a global lessor of modern, fuel-efficient commercial jet aircraft, today announced its financial results for the first quarter of 2015.

First Quarter 2015 Highlights

Net income of $17.3 million, $0.41 per share Increased total revenues by 34% to $122.5 million Invested $147 million in four aircraft Sold three aircraft for a $1.9 million gain over book value Re-priced Term Loan in April, saving $4 million in annual... More

FLYHT Signs AFIRS Contract With African Airline

May 8, 2015 7:04 AM UTC

CALGARY, ALBERTA -- (Marketwired) -- 05/08/15 -- FLYHT Aerospace Solutions Ltd. (TSX VENTURE: FLY)(OTCQX: FLYLF) (the "Company" or "FLYHT") reported today that it has signed a contract for the Automated Flight Information Reporting System (AFIRS") 228 on a fleet of four A320 aircraft.

The African-based airline is keen to use FLYHT's suite of tools including automated Out, Off, On and In times, FLYHT's new web-based flight following Aircraft Situational Display ("ASD"), engine and airframe exceedance reports, real-time flight data monitoring, quick access recorder flight data, global voice... More