What Happened
Aviation Lessor Expands Portfolio with New Acquisition
Willis Lease Finance Corporation has closed a transaction to acquire 12 commercial aircraft and 13 aircraft engines, expanding its aviation asset portfolio. The acquisition provides opportunities for the company to leverage its integrated leasing, asset management, technical, and aftermarket capabilities. According to GlobeNewswire, the deal reflects the company’s focus on disciplined growth and long-term value creation, with CEO Austin C. Willis stating that it represents an attractive opportunity to put capital to work in assets that fit well with the company’s existing business.