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Fly Leasing Limited, through its subsidiaries, purchases and leases commercial aircraft under multi-year contracts to various airlines worldwide. As of December 31, 2020, it had a portfolio of 84 aircraft, including 75 narrow-body passenger aircraft and nine wide-body passenger aircraft, as well as seven engines. The company was formerly known as Babcock & Brown Air Limited and changed its name to Fly Leasing Limited in June 2010. The company was incorporated in 2007 and is based in Dublin, Ireland. As of August 2, 2021, Fly Leasing Limited operates as a subsidiary of Carlyle Aviation Partners Ltd.
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