What Happened
Aircraft And Engine Leasing Expansion Boosts Growth
Willis Lease Finance Corporation has closed a transaction to acquire a portfolio of 12 commercial aircraft and 13 aircraft engines. The acquisition is expected to expand the company’s lease portfolio and provide opportunities to leverage its integrated leasing, asset management, and technical capabilities. According to the company, the deal represents an attractive opportunity to put capital to work in assets that fit well with its existing business, as reported by Globe Newswire.