Willis Lease Finance(NASDAQ) WLFC

Willis Lease Finance Corporation rents spare engines to airlines. This service helps carriers avoid high purchase costs. They also fix and store aircraft equipment.

Keeping the World’s Fleet Airborne

• Leasing Services: Commercial jet engines and aircraft provided through operating leases; lease rent revenue rose 6.7% in the second quarter of 2026.
• Maintenance and Repair: Technical support including engine overhauls, aircraft storage, and ground handling; revenue increased 37.7% during the first half of 2026.
• Aviation Parts: Distribution of used engine materials and components through the Willis Aeronautical Services subsidiary.
• Asset Management: Management services for third-party owners and specialized investment funds; fees grew 194.9% in the six-month period ended June 30, 2026.

Strategic Moves and New Deals

• Entered an agreement on July 10, 2026, to acquire aviation assets from WNG Capital for approximately $379.3 million.
• Launched new investment fund partnerships with Liberty Mutual and Blackstone Credit in early 2026 to manage aviation assets.
• Refinanced capital structures in 2025 and 2026 by issuing Willis Engine Structured Trust notes to fund portfolio growth.
• Completed a 3-for-1 forward stock split in July 2026 to adjust the number of outstanding common shares.

Serving Global Aviation Markets

Willis Lease uses a vertically integrated model that combines engine ownership with in-house maintenance and parts recycling. The company serves a global market with 73 lessees across 42 countries as of June 30, 2026.

Tracking the 2026 Performance

• Total revenue was $388.4 million for the six-month period ended June 30, 2026, up 9.9% year over year.
• Adjusted EBITDA reached $244.6 million in the first half of 2026, compared to $219.4 million in the prior year period.
• Lease rent revenue rose to $154.5 million during the six months ended June 30, 2026, a 10.4% increase year over year.
• The company held $2.78 billion of equipment in its operating lease portfolio as of June 30, 2026.
• Net finance costs rose to $74.8 million in the six-month period ended June 30, 2026, up 13.9% year over year.

Evolution of Willis Lease

Willis Lease has evolved from an equipment lessor into a comprehensive aviation service and investment manager. Its integrated approach helps maximize the value of jet engines throughout their entire operational life.