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Willis Lease Finance Corporation (WLFC)
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- GuruFocus.com
Willis Lease Finance Corp Reports Record Q1 2024 Earnings, Surging Pre-tax Income and Revenue Growth
Key Financial Metrics and Strategic Developments Drive Performance
- GlobeNewswire
Record Results by Willis Lease Finance Corporation with First Quarter Pre-tax Income of $29.9 million
COCONUT CREEK, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported record first quarter total revenues of $119.1 million and record quarterly pre-tax income of $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 $96.8 million, up 26% as compared to $76.7 million in 2023. The growth was predominantly driven by core, recurring lease and maintenanc
- GlobeNewswire
Willis Lease Finance Corporation Closes on Third JOLCO Deal
COCONUT CREEK, Fla., April 30, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, announced today the closing of its third engine-backed Japanese operating lease with call option (“JOLCO”), a US$21 Million financing with a 5.0% interest loan maturing in March of 2033 on a CFM LEAP-1B28 engine. WLFC closed its first JOLCO engine transaction in August of 2023
