FLY Leasing posts $29 million net loss for 2016 amid fleet turnover

Ireland’s FLY Leasing posted a $29.1 million net loss for 2016, reversed from a $22.8 million net profit in 2015. The Dublin-based lessor said the loss was primarily driven by a $92 million non-cash impairment charge imposed during the 2016 fourth quarter. Aside from the charge, FLY’s 2016 adjusted...
Mark Nensel

Mark Nensel is the Managing Editor of Aviation Daily. Prior to taking the helm of daily production of Aviation Week's commercial aviation newsletter…

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