ABOUT BBAM

BBAM’s relationship with Nomura Babcock & Brown (NBB), which has spanned more than two decades, has made NBB and BBAM by far the leading players in the Japanese aircraft operating and finance lease markets. BBAM’s other principal relationship is with FLY Leasing Limited, an NYSE-listed company, whose 60 aircraft fleet is managed by BBAM.

Nomura Babcock & Brown

BBAM and NBB have been successful partners in providing competitive aircraft financing to airlines for more than 20 years. During that time, BBAM and NBB have established themselves as the largest arranger of Japanese equity capital to the airline industry and have provided airlines with Japanese Operating Lease (JOL) finance covering more than 280 aircraft valued in excess of $8.0 billion. In addition, for airlines seeking Japanese-based lease financing that allows them to own the aircraft at the end of the lease, NBB and BBAM developed a very competitive “leasing” structure in lieu of debt which many of the world’s largest airlines have utilized. To date, NBB and BBAM have arranged and provided such financing to over 14 leading airlines on 100 aircraft with an aggregate value in excess of $4.5 billion.

FLY Leasing Limited

In October 2007, BBAM sponsored the successful initial public offering of FLY Leasing Limited on the New York Stock Exchange which trades under the ticker symbol FLY. Today, BBAM serves as the external manager of FLY—three senior BBAM executives serve on its Board of Directors—and acts as the exclusive servicer for FLY’s aircraft portfolio. FLY has 109 commercial jet aircraft on lease to more than 53 lessees with an aggregated value in excess of $3 billion.