Willis Lease Finance

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.

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Austin Willis CEO of Willis Lease Finance Corporation

Willis Lease Finance to develop and produce power-to-liquid SAF

Willis Lease Finance Corporation, a major aircraft engine leasing company, has unveiled an innovative endeavour to develop and produce Sustainable Aviation Fuel (SAF) using Power-to-Liquid (PtL) technology. In collaboration with its subsidiary, Willis Sustainable Fuels (UK) Limited, as well as financial and strategic partners, the company is making significant strides towards establishing a new SAF

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Willis Lease Finance reports first-quarter pre-tax income of US$6.8 million

Willis Lease Finance has reported first-quarter pre-tax earnings of US$6.8 million and total revenues of US$89.5 million. For the three months ended March 31, 2023, aggregate lease rent and maintenance reserve revenues were US$76.7 million and spare parts and equipment sales were US$5.1 million. The company reportedincreased total revenues in the first quarter when compared

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