Willis Lease Finance announced its UK subsidiary, Willis Aviation Services Limited (WASL), expanded its service offerings to include UK CAA base maintenance approvals for the Airbus A320 family, Boeing 737NG, ATR 42/72 and Embraer 135/145 aircraft. read more
FEB 3, 2023 - 7:16 am
Willis Lease Finance joined the 2022 Green Berets at Golden Bear charity golf tournament as the title sponsor. read more
OCT 31, 2022 - 7:07 am
Willis Lease Finance (WLFC) combined its multiple WLFC businesses under new branding that will demonstrate the extent of its combined offerings. The company the new imagery and corporate profile at Aviation Week MRO Europe in London on Oct. 18. read more
OCT 19, 2022 - 7:04 am
Air India signed definitive sale and lease back agreements with Willis Lease Finance, headquartered in Florida, for 34 CFM56-5B engines installed on its Airbus A320 family fleet. read more
SEP 23, 2022 - 7:49 am
Willis Lease Finance reported increases in total revenues, lease rent revenue and short-term maintenance revenue in Q1/22, although its performance was negatively impacted by Russia’s invasion of Ukraine. read more
MAY 10, 2022 - 7:22 am
Willis Lease Finance entered into lease agreements with Transportes Aéreos Guatemaltecos (TAG Airlines) for four ATR 72-500 aircraft. As part of the five-year deal, the aircraft will be overhauled and refurbished. read more
APR 1, 2022 - 6:29 am
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
MAR 15, 2022 - 6:43 am
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
MAR 8, 2022 - 6:29 am
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
OCT 11, 2021 - 6:11 am
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
AUG 5, 2021 - 6:54 am
Kroll Bond Rating Agency assigned preliminary ratings to three series of notes issued by Willis Engine Structured Trust VI, an aircraft engine ABS transaction. Willis Engine Structured Trust VI is another securitization of Willis Lease Finance and the fourth rated by KBRA. read more
MAY 4, 2021 - 6:40 am
Willis Lease Finance’s wholly-owned subsidiary, Willis Engine Structured Trust VI, proposed an offer of $336.7 million in aggregate principal amount of fixed rate notes. read more
MAY 3, 2021 - 6:50 am
Willis Lease Finance closed its first transaction utilizing its new revolving credit lease engine financing product (the RCL). Scandinavian Airlines System selected the RCL to finance CFM LEAP and Trent XWB engines. read more
MAR 23, 2021 - 7:05 am
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
MAR 16, 2021 - 6:37 am
Willis Lease Finance purchased 25 PW1100G-JM and PW1500G GTF aircraft engines from Pratt & Whitney in December 2020. The engines, together with associated maintenance, are valued at more than $400 million. read more
FEB 2, 2021 - 6:31 am