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FLY Leasing repurchases over one million shares and maintains share repurchase program

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28-Mar-2011 FLY Leasing Limited (NYSE: FLY) (“FLY”), a global lessor of modern, fuel-efficient commercial jet aircraft, today confirmed that on March 8, 2011 it repurchased 1,035,438 shares of its stock for $11.925 per share in a privately negotiated transaction.

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