Willis Lease Finance Corporation Closes Three Additional JOLCO Deals, Bringing Total JOLCO Financings to Nearly $120M

Core Insights - Willis Lease Finance Corporation (WLFC) has successfully closed three Japanese operating lease with call option (JOLCO) transactions, totaling US$64.8 million in financing, enhancing its position in the aviation leasing market [1][2] - The total JOLCO financings by WLFC now amount to approximately US$119.8 million, indicating a growing trend in diversifying financing options [1][2] Company Overview - WLFC specializes in leasing large and regional spare commercial aircraft engines, auxiliary power units, and aircraft to various stakeholders in the aviation industry, including airlines and maintenance providers [3] - The company integrates its leasing activities with engine and aircraft trading, engine lease pools, and asset management services, alongside offering end-of-life solutions for engines and aviation materials [3] Market Position - The JOLCO market is viewed as an attractive avenue for diversifying financing options, which allows WLFC to provide compelling lease and financing solutions to airline customers [2]