Willis Lease Finance Corporation (WLFC) has appointed Pascal Picano as Senior Vice President, Aircraft Leasing & Trading. Effective immediately, Picano will report directly to Chief Executive Officer Austin C. Willis and collaborate closely with Marc Pierpoint, Senior Vice President and Head of Trading & Investments, as the company sharpens its focus on portfolio expansion and […]
WLFC strengthens leadership team with Pascal Picano Read More »
Willis Lease Finance Corporation (WLFC) has announced a major step forward for its UK-based subsidiary, Willis Aviation Services Limited (WASL). Jet2.com, a UK leisure airline, has committed to two base maintenance lines for the upcoming season, to be carried out at WASL’s advanced facility at Teesside International Airport. This new agreement builds on the successful
Jet2.com expands maintenance partnership with WASL at Teesside facility Read More »
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
WLFC closes US$64.8 million in JOLCO engine financing deals Read More »
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
AIX boosts fleet efficiency with new engine leaseback deal Read More »
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
WLFC reports record annual revenue and profit for 2024 Read More »
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 »
