Willis Lease Stock Price, News & Analysis

Willis Lease Finance Corporation (NASDAQ: WLFC) has announced the successful closing of $596.0 million in fixed rate notes through its subsidiary Willis Engine Structured Trust VIII (WEST). The offering consists of $524 million Series A Notes with a 5.582% fixed coupon and $72 million Series B Notes with a 6.070% fixed coupon. The notes are secured by WEST's interests in 62 aircraft engines and two airframes. Both series have an expected maturity of approximately six years, with an expected weighted average life of 5.1 years and a final maturity of 25 years. The offering saw strong demand with subscription rates of 3.60x (gross) and 5.10x (avail) for Series A Notes, and 7.15x (gross) and 13.00x (avail) for Series B Notes. The notes were offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

Willis Lease Finance Corporation (NASDAQ: WLFC) has announced the pricing of $596.0 million in fixed rate notes through its subsidiary Willis Engine Structured Trust VIII. The offering consists of $524 million Series A Notes with a 5.582% coupon and $72 million Series B Notes with a 6.070% coupon. The notes will be secured by interests in 62 aircraft engines and two airframes, with an expected maturity of six years and final maturity of 25 years. The Series A and B Notes will be issued at 99.99721% and 99.99711% of par respectively, with an expected weighted average life of 5.1 years. The notes are being offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.

Willis Lease Finance Corporation (NASDAQ: WLFC) announced that its subsidiary, Willis Engine Structured Trust VIII, plans to offer $596 million in fixed rate notes, consisting of $524 million Series A Notes and $72 million Series B Notes. The notes will be secured by a portfolio of 62 aircraft engines and two airframes. The proceeds will be used to pay offering expenses, fund reserve accounts, and compensate WLFC for the acquired assets over a 270-day delivery period. WLFC will use its portion of proceeds to repay debt and for general corporate purposes. The notes are being offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S, and will not be registered under the Securities Act of 1933.

Willis Lease Finance Corporation (NASDAQ: WLFC) has announced the appointment of Z. Clifton "Clif" Dameron as Senior Vice President, General Counsel and Corporate Secretary, effective immediately. Dameron, who joined WLFC in 2024 as Senior Vice President, brings extensive experience in aviation and corporate law, having previously served as Chief Legal Officer at Carlyle Aviation Partners and held positions at various prestigious firms. He succeeds Dean M. Poulakidas, who is stepping down after nearly 14 years with the company. WLFC, a leading lessor of commercial aircraft engines and aviation services provider, operates through multiple subsidiaries offering services including engine leasing, maintenance, asset management, and sustainable aviation fuel development.

Willis Lease Finance Corporation (NASDAQ: WLFC) announced the sale of its consultancy unit, Bridgend Asset Management Limited, to Willis Mitsui & Co. Engine Support Limited (WMES), its joint venture with Mitsui & Co. WMES, established in 2011 and based in Dublin, currently manages assets worth $360 million. The strategic move aims to expand WMES's service offerings and aviation asset portfolio by integrating WLFC's technical consultancy and record management services. As a 50% owner of WMES, WLFC will continue utilizing its services. The transaction, subject to regulatory approvals, is expected to unlock capital for WLFC's portfolio growth while providing premium returns through earnings and fees.

Willis Lease Finance Corporation (WLFC) reported strong Q1 2025 financial results with record quarterly revenue of $157.7 million, up 32.5% year-over-year. The company achieved pre-tax income of $25.3 million and declared a quarterly dividend of $0.25 per share. Key highlights include:

• Lease rent revenue increased 28.1% to $67.7 million
• Maintenance reserve revenue grew 25% to $54.9 million
• Spare parts and equipment sales reached $18.2 million
• Portfolio utilization improved to 86.4% from 76.7%

The company's lease portfolio value stood at $2.82 billion as of March 31, 2025, comprising 347 engines, 15 aircraft, one marine vessel, and other equipment. Growth was driven by strong aviation market conditions and increased demand for leasing solutions as airlines seek to avoid expensive engine shop visits.

Willis Lease Finance Corporation (NASDAQ: WLFC) has announced a quarterly dividend of $0.25 per share on its outstanding common stock. The dividend will be paid on May 22, 2025 to stockholders of record as of May 12, 2025.

WLFC is a company that specializes in leasing commercial aircraft engines, auxiliary power units, and aircraft to airlines, manufacturers, and maintenance providers worldwide. Their services include engine and aircraft trading, lease pools, asset management, maintenance services, and end-of-life solutions through various subsidiaries including Willis Asset Management Limited, Willis Aeronautical Services, Willis Engine Repair Center, and Willis Aviation Services Limited.

Willis Lease Finance (NASDAQ: WLFC) has successfully closed three new Japanese operating lease with call option (JOLCO) transactions worth $64.8 million. The deals include financing for two engines in Q1 2025 (PW1127GA-JM and PW1133G-JM) maturing in 2033, and a LEAP-1A engine in April 2025 maturing in 2034.

These new transactions bring WLFC's total JOLCO financing portfolio to approximately $119.8 million since their first JOLCO engine transaction in August 2023. As the leading lessor of commercial aircraft engines, WLFC leverages these global capital sources to provide airlines with competitive lease and financing solutions.

The company's services encompass:

• Engine and aircraft leasing
• Trading and asset management
• Maintenance and repair services
• Ground handling and FBO services

Willis Lease Finance (NASDAQ: WLFC) has announced its subsidiary Willis Aviation Services (WASL) has begun construction of a new two-bay narrowbody hangar at Teesside International Airport in Northeastern England. The facility will accommodate 737 and A320 family aircraft, including new-generation models.

The expansion comes amid exceptionally high demand for aircraft heavy maintenance, with global and European capacity currently insufficient. The new facility aims to address this industry gap while creating numerous highly-skilled jobs in the region. WASL is partnering with local universities and colleges to establish training programs for mechanics and apprentices, ensuring a sustainable talent pipeline.

The project is part of WLFC's broader commitment to create several hundred jobs in Northeast England and expand its aviation services, which include engine leasing, aircraft maintenance, and various end-of-life solutions for engines and aviation materials.