Willis

Willis Lease Finance Corporation reported the recent completion of three transactions which together serve to increase its liquidity by approximately $45 million and to reduce its overall cost of funds. First, the amount of revolving commitments under the Company’s primary revolving credit facility was increased from $240 million to $285 million and the international group […]

Willis Lease Finance reported year-over-year growth in its lease portfolio offset lower overall portfolio utilization, contributing to profitability in the first quarter ended March 31, 2010. Net income totaled $3.1 million in the first quarter of 2010 compared to $7.0 million in the first quarter of 2009. After payment of preferred dividends, net income available

Willis Lease Finance Corporation reported strong revenues, net income and earnings per share in 2009, reflecting continued growth in its lease portfolio, higher maintenance reserve revenues and lower borrowing costs. For the full year, net income available to common shareholders totaled $19.2 million compared to the record results posted in 2008 of $23.5 million which

Willis Lease Finance Corporation reported solid second quarter and year-to-date profitability fueled by growth in its lease portfolio as well as lower borrowing costs. Second quarter 2009 net income available to common shareholders totaled $4.2 million compared to $5.6 million in the like quarter a year ago. Net income available to common shareholders in the

Willis Lease Finance Corporation reported its total assets surpassed $1 billion as continued growth in the lease portfolio and high utilization of lease assets contributed to a 7% increase in total revenue. Aided by a tax adjustment of $1.8 million related to a change in California state tax law in the quarter that reduces the

Willis Lease Finance Corporation reported record revenues, net income and earnings per share in 2008, reflecting continued growth in the lease portfolio, high utilization of lease assets and historically low interest rates. Willis Lease’s net income available to common stockholders increased 61% to $23.5 million, or $2.68 per diluted share in 2008, compared to $14.5

Willis Lease Finance reported that in the third quarter of 2008, income from operations increased to $16.5 million from $5.9 million in the year ago period. Year-to-date, income from operations grew to $34.6 million from $19.5 million in the first nine months of 2007. Willis Lease generated net income of $10.7 million in the third

Willis Lease Finance Corporation reported the ongoing growth of its engine portfolio, high utilization and strong market demand for leased engines contributed to 20% year-over-year revenue growth in the second quarter of 2008. Willis Lease net income available to common stockholders increased 56% to $5.6 million in the second quarter of 2008, compared to $3.6