Willis Lease Finance Corporation filings document the financial reporting, financing arrangements, governance, and material events of an aircraft engine lessor and aviation services provider. Recent Form 8-K reports cover operating results, Regulation FD communications, quarterly dividends, amendments to revolving credit agreements, and obligations related to credit facilities.
The company’s proxy materials disclose board matters, executive compensation, equity awards, pay-versus-performance information, and shareholder voting items. Its filing record also reflects the capital structure and risk areas tied to leasing commercial aircraft engines and aircraft, spare parts activity, maintenance services, asset management, and related aviation operations.
Willis Lease Finance Corporation reported Q3 2025 results with total revenue of $183.4 million, up from $146.2 million a year ago. Net income was $24.3 million versus $24.1 million, and diluted EPS was $3.25 compared with $3.37.
Growth was led by lease rent revenue of $76.6 million and maintenance reserve revenue of $76.1 million, plus a $16.1 million gain on sale of leased equipment. Expenses rose on higher depreciation, general and administrative costs, technical expense, and $10.2 million of equipment write‑downs. The effective tax rate climbed to 43.7%.
For the nine months, revenue reached $536.6 million and net income was $101.6 million, including a $43.0 million gain on the sale of a business. Cash from operating activities was $209.1 million. Total assets were $3.42 billion, debt obligations were $2.24 billion, and shareholders’ equity was $650.2 million. The company issued $596.0 million of WEST VIII notes in June and amended its warehouse facility in July to extend availability and reduce fees. Shares outstanding were 6,814,154 as of October 31, 2025.
Willis Lease Finance Corporation furnished a news release with results for the three and nine months ended September 30, 2025, and its financial condition as of that date.
The Board also declared a $0.40 per-share quarterly dividend, payable on November 26, 2025 to shareholders of record at the close of business on November 17, 2025. The earnings release and dividend announcement were included as Exhibit 99.1.
Willis Lease Finance Corporation announced that its joint venture, Willis Mitsui & Co. Engine Support Limited (WMES), entered a new $750.0 million five-year revolving credit facility with MUFG Bank as administrative and collateral agent. The obligations under the facility are not recourse to WLFC or its subsidiaries.
The Credit Agreement permits WMES to request up to an additional $250.0 million in aggregate commitments, subject to lender consent and conditions. Proceeds may be used for general corporate purposes. The revolver is available on a revolving basis until October 31, 2030, with a potential maturity extension subject to lender approval. Borrowings bear interest at Term SOFR plus a margin, and WMES will pay an unused line fee quarterly and other agreed fees.
Financial covenants require, starting with the quarter ending December 31, 2025, a Consolidated Interest Coverage Ratio of at least 3.50 to 1.00 and a Consolidated Leverage Ratio no greater than 4.00 to 1.00.
Willis Lease Finance (WLFC) appointed Brian R. Hole as Global Head of Managed Funds and Credit, effective October 8, 2025, under a new employment agreement. The agreement sets an initial annual base salary of $696,892 and a target annual bonus opportunity of up to 90% of base salary, effective January 1, 2026. Mr. Hole is also eligible for performance-related pay tied to managing third-party capital, will continue certain perquisites, and will vest in previously granted restricted stock per the agreement. It also provides customary severance and potential continued or accelerated vesting upon certain termination events.
Austin C. Willis, listed as Chief Executive Officer and Director of Willis Lease Finance Corp (WLFC), reported multiple sales of the issuer's common stock effected on 10/01/2025 under a Rule 10b5-1 trading plan adopted on June 3, 2025. The Form 4 shows sales executed in multiple trades with prices reported as weighted averages of $135.7028, $136.3549, and individual trades at $137.12, and disclosed price ranges from $135.06 to $136.87.
The reporting person’s direct beneficial ownership decreased to 186,063 shares following the reported transactions. Several indirect holdings remain disclosed through trusts and family entities, including 232,715 shares held by the CFW V 2016 Trust and 405,488 shares held by the 2019 Willis Family Trust, plus other trusts and shared voting arrangements identified in the Form 4.
Z. Clifton Dameron IV, who serves as SVP, GC & Corporate Secretary of Willis Lease Finance Corp (WLFC), reported an open-market transaction on 10/01/2025 showing acquisition of 3,000 shares of WLFC common stock at a price of $137.12 per share.
The Form 4 reports the shares were granted as a restrictive stock grant that vests over three years. After this transaction the reporting person beneficially owns 8,182 shares in total. The filing was signed on 10/02/2025.
Willis Lease Finance Corp (WLFC) filed a Form 144 disclosing a proposed sale of 7,900 common shares through Merrill Lynch, scheduled approximately for 10/01/2025 on NASD with an aggregate market value of $1,078,034. The filing identifies the shares as acquired over multiple dates (2003–2024) as compensation and shows all 7,900 shares offered match the filer’s holdings detailed in the acquisition table. The issuer has 6,809,636 common shares outstanding, so the proposed sale represents a small fraction of the company’s equity. The notice also reports recent insider sales: 14,668 shares sold during July–September 2025, generating gross proceeds of $2,077,134. The filer affirms no undisclosed material adverse information.
Austin C. Willis, CEO and Director of Willis Lease Finance Corp (WLFC), reported multiple sales of company common stock effected on 09/02/2025 under a Rule 10b5-1 trading plan adopted June 3, 2025. The Form 4 shows aggregate reported dispositions of 6,100 shares across multiple trades with weighted-average sale prices reported at approximately $144.98 and $145.61, and execution price ranges between $144.335 and $146.035.
The filing lists both direct and substantial indirect holdings through family trusts and CFW Partners, with large indirect positions reported (for example, 232,715 shares held by CFW V 2016 Trust and 405,488 shares by the 2019 Willis Family Trust). The reporting person offers to provide detailed per-trade breakdowns on request.
Willis Lease Finance Corp (WLFC) Form 144 discloses a proposed sale of 7,900 common shares through Merrill Lynch with an aggregate market value of $1,145,895, against 6,809,636 shares outstanding, with an approximate sale date of 09/02/2025. The filing lists prior acquisitions of common stock issued as compensation on 04/01/2024 (3,400), 03/01/2016 (170), 03/03/2003 (1,630), 01/15/2008 (1,800), and 10/01/2007 (900). It also reports three sales in the past three months by Austin Willis: 3,318 shares on 08/01/2025 for $447,609, 3,450 shares on 07/01/2025 for $482,862, and 3,450 shares on 06/02/2025 for $453,036. The notice includes the required representation about absence of undisclosed material information.
Colm Barrington, a director of Willis Lease Finance Corp (WLFC), reported a sale of 2,000 shares of WLFC common stock on 08/15/2025 at a reported price of $157.1296 per share. After the transaction he beneficially owns 6,872 shares. The Form 4 is signed by Mr. Barrington on 08/18/2025 and includes a statement that the sales were executed in a single trade and that he will provide full transaction details upon request.