COCONUT CREEK, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) ("WLFC" or the "Company") today reported record second quarter total revenues of $151.1 million and record quarterly pre-tax income of $57.9 million. The Company also announced its first regular quarterly dividend of $0.25 per share, expected to be paid on August 21, 2024, with a record holder date of August 12, 2024. For the three months ended June 30, 2024, aggregate, core lease rent and maintenance rese ...

COCONUT CREEK, Fla., July 22, 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, announces the expansion of its technical senior leadership team into two distinct roles. In direct response to substantial and rapid growth, the Company has appointed industry veteran, Caroline M. Vandedrinck, as its new Senior Vice President ("SVP"), Materials & Services, to manage the Com ...

"Having known Caroline for many years, I am thrilled to welcome her to WLFC. She is an outstanding individual and an exceptional leader, possessing the skillset required to drive and support the continued growth and success of our services business units," said Garry Failler. For more information on Willis Lease Finance Corporation and the Company's comprehensive aviation solutions, visit www.wlfc.global. Ms. Vandedrinck brings a wealth of experience and expertise to lead and grow WLFC's vertically integrat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-15369 __________________________________________________________________ ...

Financial Performance - Willis Lease Finance Corporation reported record total revenues of $119.1 million for Q1 2024, a 33.0% increase from $89.5 million in Q1 2023[1] - Pre-tax income reached a record $29.9 million in Q1 2024, compared to $6.8 million in Q1 2023, reflecting a 337.2% increase[3] - Core lease rent and maintenance reserve revenues hit an all-time high of $96.8 million, up 26% from $76.7 million in the same period last year[1] - Maintenance reserve revenue surged by 86.7% to $43.9 million in Q1 2024, compared to $23.5 million in Q1 2023[3] - Diluted weighted average income per common share rose to $3.00 in Q1 2024, compared to $0.55 in Q1 2023[7] Asset and Equipment Management - The company purchased equipment totaling $62.8 million in Q1 2024, including two aircraft and four engines, compared to $55.7 million in Q1 2023[3] - The lease portfolio value increased to $2,270.4 million as of March 31, 2024, up from $2,223.4 million at the end of 2023[4] - The book value of lease assets was $2,530.7 million as of March 31, 2024[7] Market Activity - The company experienced a strong market for engine sales, resulting in a gain of $9.2 million on the sale of leased equipment in Q1 2024[3] Expense Management - Total expenses increased by 12.7% to $91.9 million in Q1 2024, up from $81.5 million in Q1 2023[8]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-15369 WILLIS LEASE FINANCE CORPORATION Registrant's telephone number, including area code (561) 349-9989 Securities registered pursuant to Section 12(b) of the Ac ...

NEWS RELEASE CONTACT: Scott B. Flaherty Chief Financial Officer (561) 349-9989 Record Results for Willis Lease Finance Corporation in 2023 COCONUT CREEK, FL — March 13, 2024 — Willis Lease Finance Corporation (NASDAQ: WLFC) ("WLFC") today reported record annual total revenues of $418.6 million and pre-tax income of $67.1 million. For the year ended December 31, 2023, aggregate, core lease rent and maintenance reserve revenues were at an all-time record of $346.8 million, up 41.0% as compared to $246.0 milli ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-15369 ______________________________________________________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-15369 ______________________________________________________________________ WILLIS LEASE FINANCE CORPORATION (Exact name of registrant as specified in its charter) | Delaware | | | 68-0070656 | | | --- | --- | - ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-15369 __________________________________________________________________ ...