Willis Lease Finance issues notice of Continuing Event of Default to TAR Aerolíneas

Willis Lease Finance Corporation (WLFC) has issued to TAR Aerolíneas a notice of Continuing Event of Default, demand for Payment and demand to Return for TAR Aerolíneas’ failure to pay amounts due and its refusal to return a leased AE3007 engine, currently installed on Embraer RJ145LR (Registration No. XA-AFH) and being utilised for Mexicana flights.