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Fly Leasing acquires two Boeing B737-800s

FLY Leasing Limited (FLY) announced that it has acquired two Boeing (BA) 737-800 aircraft manufactured in 1998. The aircraft are on lease to Transaero, a leading Russian international airline. The new acquisitions were financed with secured bank debt and FLY's free cash. FLY now has a fleet of 110 aircraft on lease to 53 airlines in 29 countries.