Even though the market may not always make the finest distinctions, there are some meaningful differences between the various aircraft leasing companies. Avolon has the youngest large fleet out there, while Air Lease's (NYSE:AL) large commitment book will send its average age down in the years to come. Elsewhere, AerCap (NYSE:AER) has taken on a big commitment in the acquisition of ILFC from AIG (NYSE: AIG).
That brings me to FLY Leasing (NYSE:FLY). This company has largely focused on sale/leaseback opportunities, and sports a fleet with a larger weighting towards Europe as well as a higher overall average fleet age. Due in part to lower asset utilization, FLY Leasing has trailed its...
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