Fly Leasing (NYSE:FLY), a global leader in aircraft leasing, today posted record results for Q2, which sent FLY stock climbing nearly 10%.
The Dublin-based aircraft leasing firm reported net income of $54.1 million, for the second quarter of 2019, compared to$24.3 million for the same period in 2018, which is a massive increase of over 120%. Reported revenue of $147 million USD beat analyst expectations of $140 million USD. Fly’s portfolio is primarily comprised of Boeing and Airbus aircraft, which it leases to commercial airlines.
Healthy ResultsThese healthy results can mostly be attributed ...
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