Firefly Aerospace

FLY

FLY Leasing (FLY) is an aircraft leasing investment company.Its fleet comprises 110 aircraft, mostly Airbus A320 and Boeing 737 aircraft. FLY does not manage its own fleet, instead leases are managed and executed by BBAM, a leasing management firm. FLY strictly focuses on the investment and return of the aircraft instead of carrying out day-to-day operations. As a result, FLY has few employees.

Firefly Aerospace has been a target of short sellers for a while. The current short interest of 6.46% is slightly above the average of the last 12 months (4.30%).