Aircraft Leasing and Maintenance
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Willis Lease Finance Corporation Leases an Additional 50 Acres at Teesside International Airport
Globenewswire· 2025-10-21 15:57
Core Insights - Willis Lease Finance Corporation (WLFC) has signed a 250-year lease for an additional 50 acres at Teesside International Airport, indicating a long-term commitment to the region and an expansion of its maintenance, repair, and overhaul (MRO) services capacity [1][2]. Company Developments - The lease agreement reflects WLFC's confidence in the Northeast England region and is part of a strategic move to enhance end-to-end aviation services, supporting the growth of the UK's aviation industry [2]. - The investment includes the establishment of a new twin-bay hangar and securing new maintenance contracts, demonstrating WLFC's commitment to creating skilled jobs in Teesside [3]. Industry Impact - Teesside is positioning itself as a key location for aircraft MRO services, with WLFC's investment contributing to the airport's long-term viability and financial stability [4][6]. - The expansion is expected to generate hundreds of well-paid jobs, aligning with the local government's vision for economic growth and investment in the region [5][6].
FTAI Aviation Gains Price Target Hikes After Q2 Growth and LMCES Acquisition
Yahoo Finance· 2025-09-29 23:19
Core Insights - FTAI Aviation Ltd. has shown consistent growth, with a significant increase in revenue and a successful acquisition of LMCES, leading to raised price targets by analysts [1][4]. Financial Performance - In Q2 2025, FTAI reported an EPS of $1.57, exceeding analyst expectations of $1.37 [2]. - The Aerospace Products Adjusted EBITDA increased by 26% to $164.9 million compared to the previous quarter [2]. Acquisition Details - On September 9, 2025, FTAI finalized the acquisition of Lockheed Martin Commercial Engine Solutions (LMCES), gaining access to a 526,000-square-foot facility for aircraft engine maintenance, repair, and exchange in Québec [3]. Analyst Ratings - Following the positive financial results and acquisition, BTIG raised its price target for FTAI from $190 to $230 while maintaining a Buy rating [4]. - FTAI has demonstrated a remarkable 10-year performance of 1528.05%, indicating strong long-term growth potential [4]. Company Overview - Founded in 2011 and headquartered in New York, FTAI Aviation specializes in leasing commercial aircraft and jet engines, as well as providing maintenance and aftermarket products, particularly focusing on CFM56 and V2500 engines [5].
Willis Lease Finance Corporation Fuels Teesside's Economic Takeoff with Bold Expansion Investment Starting with Construction of a State of the Art Two-Bay Narrowbody Maintenance Hangar
GlobeNewswire News Room· 2025-04-23 13:00
Core Insights - Willis Lease Finance Corporation's subsidiary, Willis Aviation Services Limited, has begun construction of a new two-bay narrowbody hangar at Teesside International Airport to enhance its aircraft maintenance capabilities [1][2] - The expansion aims to address the high demand for aircraft heavy maintenance, which is currently exceeding capacity in the global and European markets [2] - The new facility is expected to create several hundred highly-skilled jobs in Northeast England and will include training programs in partnership with local educational institutions [2][3] Company Overview - Willis Lease Finance Corporation specializes in leasing commercial aircraft engines and providing aviation services globally, including maintenance, repair, and overhaul [4] - The company integrates its leasing activities with engine and aircraft trading, asset management, and end-of-life solutions for aviation materials [4] - Willis Sustainable Fuels is focused on developing projects aimed at decarbonizing the aviation sector [4]