STOCK TITAN

Willis Lease Stock Price, News & Analysis

WLFC Nasdaq

Welcome to our dedicated page for Willis Lease news (Ticker: WLFC), a resource for investors and traders seeking the latest updates and insights on Willis Lease stock.

Willis Lease Finance Corp (WLFC) delivers specialized aviation leasing solutions and engine portfolio management for global operators. This news hub provides investors and industry professionals with essential updates on the company’s leasing innovations, financial performance, and market leadership in commercial aviation asset management.

Access real-time press releases covering engine leasing programs, strategic partnerships, and technical advancements that drive WLFC’s operations. Our curated collection includes earnings reports, MRO collaborations, and asset acquisition announcements – critical information for evaluating the company’s position in aviation finance markets.

Regular updates feature developments in engine pooling technology, aftermarket parts trading, and subsidiary-driven initiatives through Willis Asset Management. Bookmark this page to monitor how WLFC’s integrated leasing solutions address evolving challenges in aircraft maintenance and fleet optimization.

Rhea-AI Summary

Willis Lease Finance (NASDAQ: WLFC) has announced the timing for its third quarter 2024 earnings release and conference call. The company plans to release its financial results before the opening of Nasdaq on Monday, November 4, 2024. A conference call with WLFC's executive management team is scheduled for the same day at 10:00 a.m. Eastern Standard Time.

Interested parties can participate in the conference call by dialing (888) 632-5004 for US and Canada, or +1 (646) 828-8082 for international callers, using the Conference ID 512645. A digital replay will be available two hours after the call concludes, accessible through the company's website at www.wlfc.global under the Investors section.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.11%
Tags
conferences earnings
-
Rhea-AI Summary

Willis Lease Finance (NASDAQ: WLFC) has entered into a Series A Preferred Stock Purchase Agreement with the Development Bank of Japan Inc. This agreement refinances WLFC's $50 million of aggregate Series A-1 and Series A-2 preferred stock into one $65 million preferred stock series with a seven-year term, at the rate per annum of 8.35% per share.

Scott B. Flaherty, Executive Vice President and CFO of WLFC, stated that this investment is the result of a strong, long-term relationship between the two organizations. The expansion of the investment provides WLFC with incremental equity to support the continued growth of their business.

WLFC specializes in leasing commercial aircraft engines, auxiliary power units, and aircraft to airlines, manufacturers, and maintenance providers worldwide. The company also offers various services including engine and aircraft trading, asset management, end-of-life solutions, and maintenance services.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.75%
Tags
none
-
Rhea-AI Summary

Willis Lease Finance (NASDAQ: WLFC) has appointed Dr. Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate Development. In this newly created role, Ruddock will lead WLFC's sustainable aviation business and oversee corporate development. She brings extensive experience from her previous positions at Carbon Engineering and Virgin Atlantic, where she focused on sustainable aviation and corporate strategy.

Ruddock will play a key role in driving Willis Sustainable Fuels' UK Sustainable Aviation Fuel project in Tees Valley, England, which is supported by the UK's Advanced Fuels Fund. Her appointment aligns with WLFC's expansion of services and focus on industry decarbonization. CEO Austin C. Willis expressed enthusiasm for Ruddock's expertise in sustainable aviation and project development, highlighting her potential contribution to the company's global strategic initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.43%
Tags
management
Rhea-AI Summary

Willis Lease Finance (NASDAQ: WLFC) reported record second quarter results with total revenues of $151.1 million and pre-tax income of $57.9 million. The company announced its first regular quarterly dividend of $0.25 per share, payable on August 21, 2024. Highlights include:

- Record lease rent revenue of $55.9 million, up 2.7% year-over-year
- Record maintenance reserve revenue of $62.9 million, up 77.6% year-over-year
- Equipment purchases totaling $258.8 million
- Gain on sale of leased equipment increased 223.4% to $14.4 million
- Book value per diluted weighted average common share increased to $73.64

The company's strong performance is attributed to a resurging aviation marketplace and airlines leveraging WLFC's leasing, parts, and maintenance capabilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.92%
Tags
dividends
-
Rhea-AI Summary

Willis Lease Finance (NASDAQ: WLFC) has appointed Caroline M. Vandedrinck as Senior Vice President of Materials & Services to manage its growing aftermarket services businesses. This move comes in response to substantial growth, with the company's asset fleet currently valued at $2.5 billion. Vandedrinck, an industry veteran with over 30 years of experience, will oversee WLFC's vertically integrated services including engine MRO facilities, spare parts business, asset management, and airframe MRO.

Garry Failler, SVP and Chief Technical Officer, will continue to manage WLFC's worldwide technical group, quality, and logistics. CEO Austin C. Willis expressed confidence that Vandedrinck's strategic vision and leadership will strengthen operations and enhance service delivery as the company continues to grow.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.42%
Tags
management
-
Rhea-AI Summary

Willis Lease Finance (NASDAQ: WLFC) has announced a new agreement with Pratt & Whitney, a division of RTX (NYSE: RTX). The deal involves the purchase and leaseback of up to fifteen Pratt & Whitney PW1100G-JM GTF aircraft engines, valued at $363.9 million, to be completed by December 31, 2024.

The GTF engine boasts 17% lower fuel consumption, is certified for 50% Sustainable Aviation Fuel (SAF), and has been tested on 100% SAF. This transaction aligns with WLFC's commitment to decarbonizing commercial aviation.

This follows a similar transaction of 25 GTF engines in early 2021. The company integrates leasing with aftermarket services, aiming to grow its portfolio of environmentally friendly engines. More details will be discussed in WLFC's Q2 earnings call in early August.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.22%
Tags
none
Rhea-AI Summary

Willis Lease Finance (NASDAQ: WLFC) has declared its first-ever cash dividend, a one-time special dividend of $1.00 per share on its common stock. This dividend is payable to shareholders of record as of May 30, 2024, with a payment date set for June 7, 2024. Executive Chairman Charles F. Willis expressed this dividend as a token of appreciation for long-time shareholders and highlighted the company's robust financial health, ongoing portfolio growth, and balance sheet de-levering. The company is also contemplating the possibility of establishing a recurring dividend policy moving forward. WLFC leases commercial aircraft engines and provides a range of aviation services globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
Tags
dividends
-
Rhea-AI Summary

Willis Lease Finance (WLFC) reported record first quarter total revenues of $119.1 million with pre-tax income of $29.9 million. The growth was driven by core lease and maintenance revenues, reflecting a strong aviation marketplace. WLFC continues to be the partner of choice for airlines seeking maintenance services. The company saw an increase in maintenance reserve revenue and short-term maintenance revenues. Despite a decrease in spare parts sales, WLFC experienced a gain on the sale of leased equipment. Diluted weighted average income per common share and book value per diluted weighted average common share outstanding also showed positive growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.11%
Tags
none
-
Rhea-AI Summary

Willis Lease Finance closed a $21 million financing deal for a CFM LEAP-1B28 engine, marking its third engine-backed Japanese operating lease with call option transaction. The company views the JOLCO market as a strategic opportunity to enhance its asset portfolio and secure capital from global markets. This move demonstrates WLFC's ability to access competitive financing rates and provide appealing lease and loan options to its clients.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
management

FAQ

What is the current stock price of Willis Lease (WLFC)?

The current stock price of Willis Lease (WLFC) is $156.64 as of May 2, 2025.

What is the market cap of Willis Lease (WLFC)?

The market cap of Willis Lease (WLFC) is approximately 1.1B.
Willis Lease

Nasdaq:WLFC

WLFC Rankings

WLFC Stock Data

1.13B
2.47M
58.32%
42.26%
3.06%
Rental & Leasing Services
Wholesale-machinery, Equipment & Supplies
Link
United States
COCONUT CREEK