Charles F. Willis Related Content

Willis Lease Finance Adds Barrington to Board of Directors

Willis Lease Finance, a lessor of commercial aircraft engines and provider of aviation services, appointed Colm Barrington to its board of directors. Barrington was the former CEO and director of Babcock & Brown Air (later renamed Fly Leasing). read more

Willis Lease Finance Adds Curran to Board of Directors

Willis Lease Finance, a lessor of commercial aircraft engines, appointed Brendan Curran to its board of directors, effective, Jan. 1. With a career in the aerospace industry spanning nearly four decades, Curran has experience across the engine and airframe segments. read more

Willis Lease Finance Reports 5% Decrease in Total Revenue for 2021

Willis Lease Finance reported total revenue of $274.2 million in 2021, a 5% decrease when compared with the $288.7 million the company recorded in 2020. read more

Willis Lease Finance Appoints Austin C. Willis CEO

Willis Lease Finance appointed Austin C. Willis, the son of company founder Charles F. Willis, to the role of CEO, effective April 1. Charles F. Willis, who is currently the CEO of the company, will become the executive chairman of the board of directors of the company. read more

Willis Lease Finance Acquires Regional Aircraft from Investec Bank

Willis Lease Finance made an investment in its regional aviation business with the purchase of four ATR 72-500 aircraft from Investec Bank. read more

Willis Lease Finance Reports 11.4% Y/Y Decrease in Total Revenues in Q2/21

Willis Lease Finance reported Q2/21 total revenues of $66.5 million, marking an 11.4% decrease when compared with the $75 million recorded in the same quarter of 2020. read more

Willis Lease Finance Reports 29.4% Decrease in 2020 Revenue

Willis Lease Finance reported annual total revenues of $288.7 million for the year ended Dec. 31, 2020. The company reported lower revenue in 2020 when compared with 2019, primarily due to the impact of the COVID-19 pandemic. read more

Willis Lease Finance Q2 Revenue Falls 21.7%, COVID-19 Damages Leasing Business

Willis Lease Finance reported a 21.7% year-over-year decrease in total revenue in Q2/20 due primarily to the impact of the COVID-19 pandemic on the aviation industry, which generally led to reduced revenues in the company’s core leasing business. read more

Willis Lease Finance Total Revenue Up 26.7% Y/Y for 2018

Aircraft lessor Willis Lease Finance reported a record annual pre-tax profit of $56.3 million, up from $36 million in 2017, including record total revenues of $348.3 million. read more

Willis Reports Record Quarterly Lease Rent Revenue of $47MM

Willis Lease Finance reported a pre-tax profit of $13.3 million in Q3/18, including record quarterly lease rent revenue of $47.0 million. read more

Willis Lease Finance Reports Q2 Record Lease Rent Revenue

Willis Lease Finance reported record Q2/18 lease rent revenue of $43.1 million driven by high utilization and 14.9% portfolio growth compared to December 31, 2017. read more

Willis Lease Finance Reports 50% Increase in Pre-Tax Profit

Willis Lease Finance reported 2017 pre-tax income of $36.0 million was up 50.4% from $23.9 million a year earlier. Willis also noted the effects of the Tax Act contributed $43.6 million to its 2017 after-tax income. read more

Willis Lease Finance Purchases Business, Assets of Total Engine Support

Willis Lease Finance’s wholly owned subsidiary, Willis Asset Management, purchased the business and assets of Total Engine Support, the consulting and asset management business of the TES Aviation Group. read more

Forsyth to Resign as Willis Lease Finance CFO

Willis Lease Finance announced that Brad Forsyth will resign as chief financial officer, effective February 18.  A search for a permanent replacement has been initiated. read more

Willis Lease Finance Promotes Hole to President

Willis Lease Finance announced Brian R. Hole, its current chief investment officer, will be promoted to president following the retirement of Donald A. Nunemaker effective March 31. read more

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