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FLY to buy 49 aircraft portfolio
04 August 2011
Listed lessor FLY Leasing will acquire a $1.4 billion portfolio from Global Aviation Asset Management (GAAM).
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FLY Leasing
Global Aviation Asset Management
GAAM
Public Lessors
Dublin-based lessor, FLY Leasing, has agreed to purchase a 49 aircraft portfolio for $1.4 billion from Global Aviation Asset Management (GAAM). The average age of aircraft is 7.6 years.FLY will purchase the portfolio with cash,...
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