Willis Lease Finance Related Content

Willis Lease Finance Reports 56% Q3 Earnings Increase

Willis Lease Finance reported net income for Q3/16 increased by $1.4 million or 56% to $4.0 million from $2.6 million in Q3/15. 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

Willis Lease Finance Swings to Q2 Profit

Jet engine lessor Willis Lease Finance reported earnings for Q2/16 of $3.4 million on revenue of $49.6 million compared to a net loss of $0.5 million on revenue of $43.8 million a year earlier. read more

Willis Lease Finance Hires Flaherty as SVP/CFO

Willis Lease Finance announced Scott B. Flaherty is joining the company as its senior vice president and chief financial officer. read more

Willis Lease Finance Q1 Earnings Up 64% Y/Y

Willis Lease Finance net income in Q1/16 increased 64% to $3.8 million from $2.3 million in Q1/15. Total revenue grew 18.1% to $50.6 million in Q1/16 from $42.8 million in the year-ago period. read more

Willis Lease Expands Revolving Credit Facility Up to $1B

Willis Lease Finance expanded its $700 million revolving credit facility by over 40% to $1 billion, which includes a $110 million accordion feature. read more

Willis Lease Finance Names Pierpoint VP, Portfolio Management/Trading

Willis Lease Finance announced Marc Pierpoint joined the firm as a vice president, Portfolio Management & Trading. Pierpoint was previously with Rolls-Royce North America. read more

Willis Lease Finance 2015 Performance Driven by Higher Utilization

Independent jet engine lessor Willis Lease Finance reported total revenues grew 14.5% to $199.6 million in 2015, fueled by higher portfolio utilization and a growing lease portfolio. 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

Willis Lease Finance President to Retire in 2016

Donald A. Nunemaker, president of Willis Lease Finance, announced his plans to retire at the end of March. read more

Willis Q2 Earnings Hurt by Engine Write-Down

Willis Lease Finance reported following a $3.1 million non-cash write-down related to a part-out of a aircraft engine, its Q2/15 net loss was $0.5 million compared to net income of $2.2 million in Q2/14. read more

Willis to Lease Engines to Southwest Airlines

Willis Lease Finance announced it entered into an engine lease support agreement with Southwest Airlines for 22 CFM56-7B24 spare engines. read more

Willis Lease Finance Reports Q4 Net Loss

Willis Lease Finance reported a Q4/14 net loss of $0.3 million compared to net income of $6.6 million in Q4/13. The loss included $2.7 million in write-downs and the expensing of $3.5 million related to an engine repair. read more

Willis Lease Finance Elects New Board Member

Willis Lease Finance announced that Robert J. Keady was elected to the Board of Directors of Willis Lease as a Class II director. read more

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