Willis Lease Finance Corporation Rebrands Following Significant Growth
October 18 2022 - 4:38PM
Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) has
announced it will unite its multiple WLFC businesses under new
branding that will more clearly demonstrate the extent of its
combined offerings.
The new imagery and corporate profile will be
unveiled at Aviation Week MRO Europe in London on October 18, 2022,
and will include a new graphic “look and feel” along with a
revamped website for integrating all WLFC entities.
Since its founding over 45 years ago by
Executive Chairman Charles F. Willis — who was a pioneer in
creating an entirely new business model and category by financing
the use and sale of jet engines — the Company has demonstrated
consistent innovation and steady growth by strategically developing
new products and services designed to drive efficiency for its
customers worldwide.
By adding business units Willis Engine Repair
Center US/UK and Jet Centre by Willis, as well as subsidiary Willis
Aviation Services Limited, the Company has expanded its service
offerings to include Part 145 engine maintenance, aircraft line and
base maintenance, aircraft disassembly, parking and storage,
airport FBO and ground handling services. Serving over 120
countries, WLFC commands a portfolio of $2 billion in assets owned
as of June 30, 2022.
“Given our growth and breadth of offerings, we
feel it is time to make sure that our industry, customers and
partners know that WLFC does much more than leasing,” said Austin
C. Willis, CEO of WLFC. “This new brand is a message to our valued
partners and customers that they can turn to WLFC for industry
expertise, maintenance, repairs, advisory services and much
more.”
“We’ve been attending MRO Europe for years, and
it seemed like the perfect opportunity to share our new look with
customers and others in the industry,” said Brian R. Hole,
President of WLFC. “We’re excited about this refreshed branding
that reflects our continuing growth.”
MRO Europe, which will address the challenges
facing the aviation industry, will be held at ExCel London. The
conference begins October 18, 2022, and the exhibition runs October
19th and 20th. WLFC will be at Booth 1731. Visitors to the
exhibition can find more planning details at the MRO Europe
website. For more information about WLFC and its services, please
direct inquiries to lkohler@willislease.com. Lynn Kohler, Manager,
Corporate Communications, will be at Aviation Week MRO Europe and
available to answer questions.
Willis Lease Finance
Corporation
Willis Lease Finance Corporation leases large
and regional spare commercial aircraft engines, auxiliary power
units and aircraft to airlines, aircraft engine manufacturers and
maintenance, repair and overhaul providers in 120 countries. These
leasing activities are integrated with engine and aircraft trading,
engine lease pools and asset management services supported by
cutting edge technology through its subsidiary, Willis Asset
Management Limited, as well as various end-of-life solutions for
engines and aviation materials provided through its subsidiary,
Willis Aeronautical Services, Inc. With business units Willis
Engine Repair Center US/UK and Jet Centre by Willis, as well as
subsidiary Willis Aviation Services Limited, the Company’s service
offerings also include Part 145 engine maintenance, aircraft line
and base maintenance, aircraft disassembly, parking and storage,
airport FBO and ground handling services.
Except for historical information, the matters
discussed in this press release contain forward-looking statements
that involve risks and uncertainties. Do not unduly rely on
forward-looking statements, which give only expectations about the
future and are not guarantees. Forward-looking statements speak
only as of the date they are made, and we undertake no obligation
to update them. Our actual results may differ materially from the
results discussed in forward-looking statements. Factors that might
cause such a difference include, but are not limited to: the
effects on the airline industry and the global economy of events
such as war, terrorist activity and the COVID-19 pandemic; changes
in oil prices, rising inflation and other disruptions to world
markets; trends in the airline industry and our ability to
capitalize on those trends, including growth rates of markets and
other economic factors; risks associated with owning and leasing
jet engines and aircraft; our ability to successfully negotiate
equipment purchases, sales and leases, to collect outstanding
amounts due and to control costs and expenses; changes in interest
rates and availability of capital, both to us and our customers;
our ability to continue to meet changing customer demands;
regulatory changes affecting airline operations, aircraft
maintenance, accounting standards and taxes; the market value of
engines and other assets in our portfolio; and risks detailed in
the Company’s Annual Report on Form 10-K and other continuing
reports filed with the Securities and Exchange Commission.
CONTACT: |
Lynn Kohler |
|
Manager, Corporate Communications |
415.328.4798 |
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