Willis Lease Archives

WLFC and GEM form engine testing joint venture in Florida

Willis Lease Finance Corporation (WLFC) has announced a new joint venture with Global Engine Maintenance (GEM) to establish an engine test cell facility in West Palm Beach, Florida. The venture, named Willis Global Engine Testing (WGET), will combine WLFC’s extensive experience in aircraft engine leasing and aviation services with GEM’s expertise in CFM56 engine overhauls. […]

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Willis Lease update on TAR Aerolíneas dispute

On January 16, 2024, Willis Lease Finance Corporation (US) issued TAR Aerolíneas (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

WLFC and GEM form engine testing joint venture in Florida

Willis Lease update on TAR Aerolíneas dispute

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