Leased is most for Fly Leasing. Founded by Babcock & Brown (B&B) in 2007 and spun off in an IPO, the company takes off with a fleet of 105-plus commercial jet aircraft. It acquires and leases jets under long-term contracts to diverse airlines worldwide. Fly Leasing is managed and serviced by Babcock & Brown Aircraft Management (BBAM), which helps the company expand its market presence. Fly Leasing's portfolio comprises jets made by the world's two largest commercial aircraft manufacturers, Airbus and Boeing. Its aircraft are leased to 36 airlines in 20 countries. Formerly known as Babcock & Brown Air (B&B Air), the company changed its name in 2010.