Willis Lease(US:WLFC) Globenewswire·2025-10-02 12:59Core Insights - Willis Lease Finance Corporation (WLFC) has selected Wilton International in Teesside for its Sustainable Aviation Fuel (SAF) project, aiming to produce 14,000 tonnes of SAF annually starting in 2028, with over 80% reduction in greenhouse gas emissions compared to conventional jet fuel [1][2] - The project has received a £2.9 million grant from the UK Department for Transport's Advanced Fuels Fund to support its development from July 2025 to March 2026 [2] - The plant will convert sustainable biomethane sourced from waste into aviation fuel, creating approximately 50 permanent jobs and 200 roles during construction [3] Company Overview - WLFC is a leading lessor of commercial aircraft engines and provides various aviation services, including maintenance and repair solutions [5] - The company aims to develop projects that help decarbonize aviation through its subsidiary, Willis Sustainable Fuels [5] Strategic Importance - The selection of Wilton International highlights its strategic location and infrastructure, which are essential for the next generation of SAF production, reinforcing the UK's leadership in sustainable aviation [2][4] - The partnership with Sembcorp Energy UK emphasizes the commitment to enabling the UK's energy transition and supporting industrial decarbonization [4]