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Fly Leasing’s Acquisition of Major Aircraft Portfolio Approved by AirAsia Shareholders

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Fly Leasing Limited (NYSE: FLY) ("FLY"), a global leader in aircraft leasing, today announced that all agreements relating to FLY's acquisition of 55 Airbus narrow-body aircraft and seven CFM engines on operating lease, and the option to purchase an additional 20 Airbus A320neo family aircraft, were approved by the shareholders of AirAsia Group Berhad ("AirAsia") at their extraordinary general meeting on May 14, 2018.

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This press release was sourced from Fly Leasing on 16-May-2018.