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 […]
WLFC exercises purchase rights for 30 LEAP engines Read More »
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
WASL and TUI Airways sign long-term maintenance deal Read More »
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,
WLFC inks deal with Pratt & Whitney for 15 GTF engines Read More »
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
WLFC posts first-quarter pre-tax income of US$29.9 million Read More »
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
WLFC posts record financial results for 2023 Read More »
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
Willis Lease Corporation selects Teesworks UK, to launch first PtL SAF refinery Read More »
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
WLFC reports second-quarter pre-tax income of US$19.0 million Read More »
