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Fly Leasing CEO Discusses Q1 2011 Results - Earnings Call Transcript

Fly Leasing Limited ( FLY)

Q1 2011 Earnings Call

May 4, 2011 9:00 am ET

Executives

Matt Dallas – IR

Colm Barrington – CEO

Gary Dales – CFO

Steve Zissis – President and CEO of BBAM

Analysts

Helane Becker – Dahlman Rose

Ray Neidl – Maxim Group

Joe Gill – Bloxham

John Evans – Edmunds White

Richard Haydon – Yield Capital

Richard Diamond – Green Drake Partners

Presentation

Operator

Good morning. My name is Kearie and I will be your conference operator today. At this time, I would like to welcome everyone to the Fly Leasing Limited first quarter 2011 earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers remarks there will be a question-and-answer session. (Operator Instructions)

Thank you. I would now like to turn the call over to Mr. Matt Dallas. Mr. Dallas you may begin.

Matt Dallas

Thank you and good morning everyone. I am Matt Dallas, the Investor Relations Manager of Fly Leasing and I'd like to welcome everyone to our first quarter earnings conference call. Fly Leasing, which we will refer to as FLY or the Company throughout this call, issued its first quarter earnings results press release earlier today, which is posted on the Company's website at www.flyleasing.com.

Representing the company on this call today will be Colm Barrington, our Chief Executive Officer, Gary Dales, our Chief Financial Officer and Steve Zissis, the President and CEO of BBAM the company that manages and services FLY’s fleet.

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