Willis Lease Finance Corporation has signed a definitive agreement to acquire a portfolio of 12 commercial aircraft and 13 aircraft engines, expanding both its leasing platform and customer base.
The acquisition will enhance WLFC’s aircraft leasing, asset management and aftermarket capabilities, while supporting its engine-focused leasing programs, including ConstantThrust. Upon completion, the transaction will increase the company’s lease portfolio by an additional 12 aircraft and 13 engines.
Austin C. Willis, Chief Executive Officer of WLFC, said: “This transaction provides an opportunity to grow our portfolio as well as customer base. It also strengthens our aircraft leasing business, where we can create additional value through engine-based programs such as ConstantThrust®.”
