Fly Leasing shares surge again

Shares in global aircraft lessor FLY Leasing Ltd, formerly Babcock & Brown Air Ltd (B&B Air), surged a further 4.9% on Tuesday after a similar gain on Monday, with high trading volumes in the stock.

FLY will release its fourth quarter and full-year 2010 earnings results before the market opens on 02-Mar-2011.

Selected aviation suppliers' shares performance: 25-Jan-2011