Fly Leasing, Ltd. (NYSE:FLY)
CAPS Rating:
The Company was formed to engage in the business of financing as well as acquiring, leasing and selling commercial jet aircraft to airlines.
The Company was formed to engage in the business of financing as well as acquiring, leasing and selling commercial jet aircraft to airlines.
Recs
Either there's something I'm not seeing or this is an obvious buy. That's what CAPS is for! Low valuation, nice dividend with reasonable payout ratio--and basically I just like their business model. Leasing aircraft makes a lot of sense. Maybe I should plunk down some real $.