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Fly Leasing's CEO Discusses Q1 2012 Results - Earnings Call Transcript

Fly Leasing Ltd (FLY)

Q1 2012 Earnings Call

May 3, 2012 9:00 am ET

Executives

Matt Dallas Investor Relations Manager

Steven Zissis – President and Chief Executive Officer of BBAM

Colm Barrington – Chief Executive Officer

Gary Dales – Chief Financial Officer

Analysts

Gary Liebowitz – Wells Fargo Securities

John Godyn – Morgan Stanley

Andrew light – Citigroup

Glenn Engel – Bank of America Merrill Lynch

Helane Becker – Dahlman Rose & Company

James Ellman – Seacliff Capital

Joe Gill – Blackstone

Jonathan Evans – Edmunds White Partners

Presentation

Operator

Good morning. My name is [Randy] and I will be your conference operator today. At this time, I would like to welcome everyone to the FLY Leasing Limited First Quarter 2012 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks there will be a question-and-answer session. (Operator Instructions) Thank you. Mr. Dallas, you may begin your conference.

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 2012 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 today, on this call, 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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