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

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

AUG 6, 2020 - 7:51 am

Willis Lease Finance entered a ConstantAccess agreement with Scandinavian Airlines System to cover engines powering the airline's fleet of eight A340 aircraft. read more

JAN 20, 2020 - 6:50 am

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

MAR 15, 2019 - 6:55 am

Willis Lease Finance announced the closing of a sale and leaseback transaction on 10 Airbus A319 aircraft with easyJet Airline. read more

JAN 10, 2019 - 6:50 am

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

NOV 5, 2018 - 7:00 am

Willis Lease Finance will issue two series of notes in an aggregate principal amount of $373.4 million. The notes will be secured by a portfolio of 55 aircraft engines and one airframe. read more

AUG 17, 2018 - 6:21 am

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

AUG 7, 2018 - 6:50 am

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

MAR 14, 2018 - 7:04 am

Willis Lease Finance gave all non-executive employees a one-time bonus of $1,000 as a result of the tax laws recently passed by U.S. Congress. read more

JAN 22, 2018 - 6:31 am

Willis Lease Finance reported Q3/17 pretax income grew 27% to $8.3 million compared to $6.5 million in Q3/16 on revenues of $65.9 million, up 28% from $51.5 million a year earlier. read more

NOV 8, 2017 - 7:09 am