GIC Increases Stake in Fly Leasing, Despite Havoc in Airlines Industry over Coronavirus

Posted on 03/21/2020


Is this mega Asian sovereign wealth fund walking into an economic whirlwind? On March 12, 2020, Singapore’s GIC Private Limited, through Coral Blue Investments Pte. Ltd., revealed a 5.07% position, or 1,567,854 shares, in Fly Leasing Limited. Fly Leasing is an aircraft leasing investment company. The company is incorporated in Bermuda, but operates out of […]