FLY Leasing Limited (NYSE:FLY) announced its financial results for the second quarter of 2011. Second Quarter 2011 Highlights: Entered into an agreement to purchase $1.4 billion portfolio of 49 aircraft, Adjusted net income of $5.5 million, EPS of $0.21, excluding share-based compensation, Net income of $4.1 million, EPS of $0.16, Available Cash Flow of $30.8 million, $1.19 per share, Unrestricted cash of $187.5 million at June 30th, Initiated a new $30 million share repurchase program & Declared 15th consecutive quarterly dividend on July 15th.

FLY Leasing Limited operates as a global aircraft lessor.


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