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August 4, 2011, 9:00 a.m. ET
Matt Dallas – IR
Colm Barrington – CEO
Steve Zissis – President and CEO of BBAM
Gary Dales – CFO
Sameer Gokhal– KBW
Helane Becker – Dahlman Rose
John Evans – Edmunds White
Good morning. My name is Heather, and I will be your conference operator today. At this time, I would like to welcome everyone to the Fly Leasing second quarter 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. Mr. Matt Dallas, you may begin your conference.
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 second quarter earnings conference call. Fly Leasing, which we will refer to as FLY or the Company throughout this call, issued its second quarter earnings results press release earlier today, which is posted on the Company's website at flyleasing.com.
On this call today, we will also discuss the recently-announced acquisition of a portfolio of 49 aircraft. A FLY presentation accompanies today’s call, and is available on our webcast. You can also find a link to the webcast, and a copy of the presentation, in the events page – on the events page in the Investor section of our website.