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Babcock & Brown Air Limited FLY

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    1. FLY Reports 4Q Earnings

      Commentary

      Thu, 5 Mar 2009

      Babcock & Brown Air FLY reported earnings per share of $0.28 for the fourth quarter and $1.44 for the full year of 2008. Since the company ..... Brown has been able to re-lease all five of the planes. With a high fixed-cost structure and debt load, the key for Babcock and Brown 's profitability is keeping almost all of its aircraft in use all year long. The company has been successful so far …

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