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
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