B&B Air to Report First Quarter Financial Results on May 5, 2010

DUBLIN, April 16 /PRNewswire-FirstCall/ -- Babcock & Brown Air Limited (NYSE: FLY) ("B&B Air"), a global lessor of modern, fuel-efficient commercial jet aircraft, today announced that it will release its first quarter earnings results before the market opens on Wednesday, May 5, 2010.

B&B Air's senior management will host a conference call and webcast to discuss these results at 9:00 a.m. U.S. Eastern Time on Wednesday, May 5, 2010. A live webcast of the conference call will be available in the investor section of B&B Air's website at www.babcockbrownair.com.

Participants should call +1-706-758-4339 (International) or 877-309-0213 (North America) and enter confirmation code 68703176. A replay will be available shortly after the call. To access the replay, dial +1-706-645-9291 (International) or 800-642-1687 (North America) and enter confirmation code 68703176. A replay recording will be available until May 19, 2010. A webcast replay will be available on the company's website for one year.

About Babcock & Brown Air Limited

B&B Air acquires and leases modern, high-demand and fuel-efficient commercial jet aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world. B&B Air is managed and serviced by Babcock & Brown Aircraft Management ("BBAM"), one of the world's leading aircraft leasing companies with more than 20 years of experience. For more information about B&B Air, visit our website at www.babcockbrownair.com.

SOURCE Babcock & Brown Air Limited