Willis

Willis Lease Finance posts 2022 revenues of US$311.9 million

Willis Lease Finance Corporation has posted annual total revenues of US$311.9 million and pre-tax income of US$9.8 million. For the year ended December 31, 2022, aggregate lease rent and maintenance reserve revenues were US$246.0 million and spare parts and equipment sales were US$27.0 million. The company reportedincreased total revenues in the fourth quarter when compared …

Willis Lease Finance posts 2022 revenues of US$311.9 million Read More »

Willis Aviation Services expands its service offerings

Willis Lease Finance Corporation (WLFC) has released that its United Kingdom subsidiary, Willis Aviation Services has expanded its service offerings to include UK CAA base maintenance approvals for the Airbus A320-family, Boeing 737NG, ATR 42/72, and Embraer 135/145 aircraft. These latest approvals complement WLFC’s existing UK CAA and EASA line maintenance approval capabilities at its …

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Willis Aviation Services Limited expands service offerings

Willis Lease Finance Corporation has released that its United Kingdom subsidiary, Willis Aviation Services Limited (WASL), has expanded its service offerings to include UK CAA base maintenance approvals for the Airbus A320 family, Boeing 737NG, ATR 42/72 and Embraer 135/145 aircraft. These latest approvals complement WLFC’s existing UK CAA and EASA line maintenance approval capabilities …

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Willis Lease Finance Corporation reports third-quarter pre-tax income of US$8.4 million

Willis Lease Finance Corporation has reported third-quarter total revenues of US$76.9 million and pre-tax earnings of US$8.4 million. For the three months ended September 30, 2022, aggregate lease rent and maintenance reserve revenues were US$60.0 million and spare parts and equipment sales were US$7.0 million. The company reported increased total revenues in the third quarter …

Willis Lease Finance Corporation reports third-quarter pre-tax income of US$8.4 million Read More »

Air India and Willis Lease Finance ink multiple ConstantThrust® engine sales and leasebacks

Air India has signed definitive sale-and-leaseback agreements with Willis Lease Finance (Willis Lease) for 34 CFM56-5B engines installed on its Airbus A320-family fleet. The engines will be covered under Willis Lease’s ConstantThrust® programme, which will deliver significant reliability and cost savings versus a traditional MRO shop visit programme. This is the first ConstantThrust® sale-and-leaseback agreement …

Air India and Willis Lease Finance ink multiple ConstantThrust® engine sales and leasebacks Read More »

Willis Lease Finance Corp’s subsidiary named dedicated aircraft CAMO provider by Peach Aviation Limited

Willis Lease Finance Corporation has announced that its wholly owned subsidiary, Willis Asset Management Limited, has been selected by Peach Aviation Limited as its dedicated aircraft CAMO provider in support of A320 aircraft redeliveries taking place at various Maintenance, Repair & Overhauls in Asia and Europe. With longstanding technical asset management experience, Willis Asset is …

Willis Lease Finance Corp’s subsidiary named dedicated aircraft CAMO provider by Peach Aviation Limited Read More »

Willis Lease Finance reports second-quarter pre-tax income of US$11.0 million

Willis Lease Finance has reported second-quarter total revenues of US$78.1 million. For the three months ended June 30, 2022, aggregate lease rent and maintenance reserve revenues were US$60.9 million and spare parts and equipment sales were US$6.8 million. The company reported increased total revenues in the second-quarter when compared to the prior-year period, primarily due …

Willis Lease Finance reports second-quarter pre-tax income of US$11.0 million Read More »

APOC partners with Willis Lease Finance for 737-800 teardown

APOC Aviation is collaborating with Willis Aviation Services Limited (WASL), a wholly owned subsidiary of Willis Lease Finance (Willis Lease) in APOC’s first part-out project to take place at its Teesside Airport facility in the UK. The B737-800 airframe was acquired by APOC through leading Dutch asset investment manager, Arena Aviation Capital. APOC has signed a …

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Willis Lease Finance Corporation reports first-quarter pre-tax loss of US$27.7 million

Willis Lease Finance Corporation has reported first-quarter total revenues of US$68.8 million. For the three months ended March 31, 2022, aggregate lease rent and maintenance reserve revenues were US$53.0 million and spare parts and equipment sales were US$6.6 million. The company reported increased total revenues in the first quarter when compared to the prior-year period, …

Willis Lease Finance Corporation reports first-quarter pre-tax loss of US$27.7 million Read More »

Willis Lease Finance signs regional aircraft and engine deal with TAG Airlines

Willis Lease Finance has entered into lease agreements with Transportes Aéreos Guatemaltecos (TAG Airlines) for four ATR 72-500 aircraft. The five-year deal will see the aircraft overhauled and refurbished, fitted with new Pratt & Whitney Canada PW127M engines. The ATR 72-500 aircraft is known to be one of the most efficient and environmentally friendly aircraft …

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