Willis Lease Finance Corp.
WILLIS LEASE FINANCE CORP Stock, NASDAQ:WLFC
Willis Lease Finance Corporation, together with its subsidiaries, leases commercial aircraft engines and other aircraft-related equipment to air carriers, manufacturers, and overhaul/repair facilities worldwide. It operates through two segments, Equipment Leasing and Spare Parts Sales. The company also purchases and resells new and used commercial aircraft engines, as well as sells aircraft engine parts and materials. Its engine portfolio consists of noise-compliant Stage III commercial jet engines. As of December 31, 2016, the company had a total lease portfolio of 208 engines and related equipment, 11 aircraft, and 5 spare parts packages with 80 lessees in 43 countries, as well as managed a total lease portfolio of 542 engines and related equipment for other parties. Willis Lease Finance Corporation was founded in 1985 and is headquartered in Novato, California.