Babcock & Brown Air Posts 2007 Annual Report to Web Site

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Thu Apr 17, 2008 12:00pm EDT

DUBLIN, Ireland, April 17 /PRNewswire-FirstCall/ -- Babcock & Brown Air
Limited (NYSE: FLY) ("B&B Air"), a global lessor of commercial jet aircraft,
today announced the availability of its 2007 Annual Report on its web site at
http://www.babcockbrownair.com. B&B Air's 2007 Annual Report can be accessed
by visiting the Annual Report page in the Investor Relations section of the
web site.
    A printed version will be mailed to all shareholders. Investors may
request a hard copy of the 2007 Annual Report by email at
info@babcockbrownair.com or by phone at +1 212-796-3918.
    About Babcock & Brown Air Limited
    Babcock & Brown Air acquires and leases modern, high-demand 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, the world's fifth largest aircraft lessor. The
Company was formed by Babcock & Brown Limited (ASX: BNB), a global investment
and asset management group with more than 25 years of experience in aircraft
leasing and financing. For more information, visit
http://www.babcockbrownair.com.
     Contact:
     Matt Dallas
     Babcock & Brown
     + 1 212-796-3918
     matt.dallas@babcockbrown.com

SOURCE  Babcock & Brown Air Limited

Matt Dallas of Babcock & Brown, +1-212-796-3918, matt.dallas@babcockbrown.com
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