Willis Lease update on TAR AerolÃneas dispute
On January 16, 2024, Willis Lease Finance Corporation (US) issued TAR AerolÃneas (Mexico) with a Notice of Continuing Event of Default, Demand for Payment and Demand to Return for TAR’s failure to pay amounts due under its lease agreement. Nearly two months later, TAR has failed to comply with the Notice, still with overdue payments, and