Erik Braathen - Fly Leasing Independent Director

Director

Erik G. Braathen was a member of our board of directors of Fly Leasing Limited since June 2007. Mr. Braathen was the chief executive of Ojada AS, a privately owned investment company, since 1999. Prior to joining Ojada AS, Mr. Braathen was the chief executive officer of Braathens ASA where he gained extensive experience in the airline industry from 1986 to 1999. Mr. Braathen is a member of the boards of directors of Protector Insurance ASA, Peergynt Tours AS, Opra AS, Northsea PSV AS and Cenzia AS. Mr. Braathen is Chairman of the Board of Directors of Holmen Fondsforvaltning, Sayonara AS, Ojada AS, Okana AS and Onida AS since 2007.
Age 63
Tenure 17 years
Phone353 1 231 1900
Webhttp://www.flyleasing.com
Braathen has a Master of International Management from AGSIM, Phoenix Arizona, and a Bachelor of Arts & Economics from the University of Washington.

Fly Leasing Management Efficiency

The company has Return on Asset of 2.27 % which means that on every $100 spent on assets, it made $2.27 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (12.94) %, meaning that it generated no profit with money invested by stockholders. Fly Leasing's management efficiency ratios could be used to measure how well Fly Leasing manages its routine affairs as well as how well it operates its assets and liabilities.
Fly Leasing Limited has 1.94 B in debt with debt to equity (D/E) ratio of 2.44, meaning that the company heavily relies on borrowing funds for operations. Fly Leasing Limited has a current ratio of 9.69, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Fly to invest in growth at high rates of return.

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Fly Leasing Limited, through its subsidiaries, purchases and leases commercial aircraft under multi-year contracts to various airlines worldwide. The company was incorporated in 2007 and is headquartered in Dun Laoghaire, Ireland. Fly Leasing is traded on New York Stock Exchange in the United States. Fly Leasing Limited (FLY) is traded on New York Stock Exchange in USA and employs 9 people.

Management Performance

Fly Leasing Limited Leadership Team

Elected by the shareholders, the Fly Leasing's board of directors comprises two types of representatives: Fly Leasing inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fly. The board's role is to monitor Fly Leasing's management team and ensure that shareholders' interests are well served. Fly Leasing's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fly Leasing's outside directors are responsible for providing unbiased perspectives on the board's policies.
Susan Walton, Independent Director
Julie Ruehl, Chief Financial Officer
Robert Tomczak, Director
Steven Zissis, Director
Eugene McCague, Independent Director
Joseph Donovan, Independent Chairman of the Board
Colm Barrington, Chief Executive Officer, Director
Erik Braathen, Independent Director

Fly Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fly Leasing a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Other Consideration for investing in Fly Stock

If you are still planning to invest in Fly Leasing Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fly Leasing's history and understand the potential risks before investing.
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