WLFC Archives

WLFC closes US$64.8 million in JOLCO engine financing deals

Willis Lease Finance Corporation (WLFC), the prominent lessor of commercial aircraft engines and global provider of aviation services, has announced the successful closing of three Japanese operating lease with call option (JOLCO) transactions, securing a total of US$64.8 million in financing. Two of the financings were completed in the first quarter of 2025, covering a […]

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Air India Express (AIX) Boeing 737-800 aircraft © AirTeamImages

AIX boosts fleet efficiency with new engine leaseback deal

Aircraft & Engines

Air India Express (AIX), a wholly owned subsidiary of Air India, has finalised an engine sale-and-leaseback agreement with Willis Lease Finance Corporation (WLFC). The deal involves 26 CFM56-7B engines installed on 13 of AIX’s Boeing 737-800 aircraft, securing enhanced reliability and cost efficiency under WLFC’s innovative ConstantThrust® programme. This latest agreement builds on a previous

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WLFC reports record annual revenue and profit for 2024

Financial

Willis Lease Finance Corporation (WLFC) has announced total annual revenues of US$569.2 million and pre-tax income of US$152.6 million for the year ended December 31, 2024. Aggregate core lease rent and maintenance reserve revenues reached an all-time high of US$452.1 million, marking a 30.4% increase from US$346.8 million in 2023. This growth was primarily driven

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WLFC exercises purchase rights for 30 LEAP engines

Aircraft & Engines

Willis Lease Finance Corporation (WLFC), a lessor of commercial aircraft engines and provider of global aviation services, has exercised its purchase rights for 30 new LEAP engines from CFM International. This acquisition is part of an option from a 2019 order and includes both LEAP-1A engines for Airbus A320neo-family aircraft and LEAP-1B engines for Boeing

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WASL will deliver comprehensive base maintenance services for TUI Airlines' narrow-body aircraft

WASL and TUI Airways sign long-term maintenance deal

MRO & Production

Willis Lease Finance Corporation (WLFC), a lessor of commercial aircraft engines and aviation services provider, has announced a significant partnership with TUI Airways (TUI), through its subsidiary Willis Aviation Services Limited (WASL). A long-term general terms agreement has been finalised with TUI to deliver comprehensive base maintenance services for TUI’s narrow-body aircraft. This partnership begins

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WLFC inks deal with Pratt & Whitney for 15 GTF engines

Aircraft & Engines

Willis Lease Finance Corporation (WLFC), a prominent lessor of commercial aircraft engines and global provider of aviation services, has finalised a deal with Pratt & Whitney, a division of RTX Corporation, for the purchase-and-leaseback of up to fifteen Pratt & Whitney PW1100G-JM GTF aircraft engines. All purchases are expected to be completed by December 31,

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ITP Aero recorded a 24% increase in revenues in 2024

WLFC posts first-quarter pre-tax income of US$29.9 million

Financial

Willis Lease Finance Corporation (WLFC) announced record first-quarter total revenues of US$119.1 million and record quarterly pre-tax income of US$29.9 million. For the three months ended March 31, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time high of US$96.8 million, up 26% as compared to US$76.7 million in 2023. The

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WLFC has posted annual total revenues of US$418.6 million and pre-tax income of US$67.1 million © Shutterstock

WLFC posts record financial results for 2023

Financial, Top Stories

Willis Lease Finance Corporation (WLFC) has posted annual total revenues of US$418.6 million and pre-tax income of US$67.1 million. Lease rent revenue increased by US$50.6 million, or 31.1%, to US$213.1 million in 2023, compared to US$162.6 million in 2022, primarily reflecting an increase in the number of engines acquired and placed on lease, including growth

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Rendering of Teesworks plant, view from southeast

Willis Lease Corporation selects Teesworks UK, to launch first PtL SAF refinery

MRO & Production

Willis Lease Finance Corporation (WLFC), a leading lessor of commercial aircraft engines and global provider of aviation services, together with its subsidiary Willis Sustainable Fuels (UK) Limited, has selected Teesworks in Tees Valley, England, as the intended location for a ground-breaking sustainable aviation fuel (SAF) plant. This plant will be the first of its kind

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WLFC reports second-quarter pre-tax income of US$19.0 million

Financial

Willis Lease Finance Corporation (WLFC) has reported second-quarter 2023 total revenues of US$109.0 million and pre-tax earnings of US$19.0 million. For the three months ended June 30, 2023, aggregate lease rent and maintenance reserve revenues were US$89.8 million and spare parts and equipment sales were US$4.6 million. The WLFC reported increased total revenues in the

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WLFC closes US$64.8 million in JOLCO engine financing deals

AIX boosts fleet efficiency with new engine leaseback deal

WLFC reports record annual revenue and profit for 2024

WLFC exercises purchase rights for 30 LEAP engines

WASL and TUI Airways sign long-term maintenance deal

WLFC inks deal with Pratt & Whitney for 15 GTF engines

WLFC posts first-quarter pre-tax income of US$29.9 million

WLFC posts record financial results for 2023

Willis Lease Corporation selects Teesworks UK, to launch first PtL SAF refinery

WLFC reports second-quarter pre-tax income of US$19.0 million

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