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Willis Lease Finance… Willis Lease Finance announced it has entered into lease agreements with Transportes Aereos Guatemaltecos for four ATR 72-500 aircraft. The five-year deal sees the aircraft overhauled and refurbished, fitted with new Pratt & Whitney Canada PW127M engines. In addition to the aircraft leases, TAG will be included in Willis Lease's ConstantThrust program. Under the agreement, program maintenance and care for the engines is overseen by Willis Lease, including providing spare engines when the need arises. | ||||
Willis Lease Finance… Willis Lease Finance Corporation announced today that Austin Willis, son of Charles Willis, has been appointed the new CEO of Willis Lease, effective April 1, 2022. Charles Willis, the founder and CEO of Willis Lease, will become the Executive Chairman of the Board of Directors upon Austin Willis assuming the position of CEO. Austin Willis most recently served as SVP of Corporate Development of Willis Lease since 2017, as well as sitting on Willis Lease's Board since 2008. | ||||
Willis Lease Finance… Willis Lease Finance announced its investment into its regional aviation business with the purchase of four ATR 72-500 aircraft from Investec Bank plc. |