Core Insights - Willis Lease Finance Corporation (WLFC) has opened its second and third narrow-body hangars at Teesside International Airport, enhancing its capabilities in aircraft maintenance, repair, and overhaul (MRO) services [1][2][3] Company Developments - The new hangars are fully equipped to service Boeing 737 and Airbus A320-family aircraft, including next-generation models, with the project having broken ground in April 2025 [2] - The Teesside operation is expected to create a significant number of new highly-skilled jobs in the area, reflecting WLFC's commitment to the region and the growing demands of the UK's MRO sector [3] Strategic Vision - WLFC sees significant opportunity in the Teesside region, having made several strategic investments recently, and aims to create value for customers and the broader MRO sector [3] - The company integrates its leasing activities with end-of-life solutions for engines and aviation materials, alongside various service offerings including engine maintenance and ground handling services [4]

is a part as well up as you see, some 8.7%. >> Meanwhile, the Paris Air Show, the world's largest aerospace industry exhibition event, takes place this week. Our Phil LeBeau joins us this morning from Paris with the CEO of engine maintenance company Standard Aero.Morning, Phil. >> Good morning. Carl.Russ Ford, CEO of Standard Aero. I think some people are watching this right now and they say, I know a little bit about standard aero, but I don't know a whole lot. Explain to people why that engine maintenance ...