Willis Lease Finance Corporation has reported annual total revenues of US$274.2 million a 5% decrease when compared to US$288.7 million in the prior year. Revenue for the three months ended December 31, 2021 was US$75.8 million, up 23.3% from the comparative period in 2020. Lease rent revenue was US$134.8 million in 2021, off 5.6% from […]
Willis Lease Finance posts annual pre-tax profit of US$9.1 million Read More »
Willis Lease Finance Corporation has reported third-quarter total revenues of US$70.8 million and pre-tax profit of US$6.1 million. For the three months ended September 30, 2021, aggregate lease rent and maintenance reserve revenues were US$56.6 million and spare parts and equipment sales were US$5.1 million. The company reported increased total revenues in the third quarter
Willis Lease Finance Corporation reports third-quarter pre-tax profit of US$6.1 million Read More »
Willis Lease Finance Corporation has reported second-quarter total revenues of US$66.5 million and a pre-tax loss of US$1.9 million. For the three months ended June 30, 2021, aggregate lease rent and maintenance reserve revenues were US$49.7 million and spare parts and equipment sales were US$3.6 million. The company reported lower revenue in the second quarter
Willis Lease Finance reports second-quarter pre-tax loss of US$1.9 million Read More »
Willis Lease Finance has reported first-quarter total revenues of US$61.1 million and a pre-tax loss of US$1.7 million. The company reported lower revenue in the first quarter when compared to the prior year period, primarily due to the impact of the COVID-19 pandemic. The slowdown in global travel continues to impact aircraft and engine utilization
Willis Lease Finance posts first-quarter pre-tax loss of US$1.7 million Read More »
Willis Lease Finance has reported annual total revenues of US$288.7 million and a pre-tax profit of US$17.3 million for the year ended December 31, 2020. The Company reported lower revenue in 2020 when compared to the prior year, primarily due to the impact of the COVID-19 pandemic. The slowdown in global travel has led to
Willis Lease Finance reports annual pre-tax profit of US$17.3 million Read More »
Willis Lease Finance Corporation purchased twenty-five PW1100G-JM and PW1500G GTFâ„¢ aircraft engines from Pratt & Whitney and an affiliate company in December 2020. The transaction also includes a long-termmaintenance and support agreement with Pratt & Whitney and an affiliate company, enabling Willis Lease to offer engines maintained to the highest quality standard through Pratt &
Willis Lease purchases 25 GTF™ engines from Pratt & Whitney Read More »
Willis Lease Finance has reported second quarter total revenues of US$75.0 million and pre-tax profit of US$9.7 million. The company reported lower revenue in the second quarter of 2020 than the prior year period due primarily to the impact the COVID-19 pandemic has had on the aviation industry, generally, leading to reduced revenues in the
Willis Lease Finance reports second quarter pre-tax profit of US$9.7 million Read More »
Willis Lease Finance has reported first-quarter pre-tax profit and total revenues of US$8.5 million and US$81.6 million, respectively. The company’s first quarter 2020 pre-tax results were impacted by both lower revenue in the core leasing business, which was influenced by a reduction in reported asset usage and reduced spare parts sales, and the one-time expense
Willis Lease Finance reports first-quarter pre-tax profit of US$8.5 million Read More »
Willis Lease Finance has reported annual total revenues of US$409.2 million and pre-tax profit of US$88.9 million for the year ended December 31, 2019. The Company’s 2019 pre-tax results were driven by continued leasing revenue growth as well as gains associated with the active management of its portfolio. Aggregate lease rent and maintenance reserve revenues
Willis Lease Finance reports annual pre-tax profit of US$88.9 million Read More »
Willis Lease Finance Corporation has entered into an agreement with Scandinavian Airline System (SAS) to manage the phase-out of SAS’s Boeing 737NG installed engine fleet over the next four years. “The Willis orchestrated phase-out may allow for SAS to realize superior returns from the monetization of its assets over time relative to an outright sale
Willis Lease to manage phase-out of SAS’ 737NG installed engine fleet Read More »
