| WLFC's Q1 Earnings Decline Y/Y on Rising G&A Costs, Stock Down 10% |
Willis Lease Finance's Q1 earnings decreased year over year due to elevated costs and lower asset sale gains, though record revenue and strong leasing demand partly offset the downside. |
zacks.com |
2025-05-13 19:15:37 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation (WLFC) Q1 2025 Earnings Call Transcript |
Willis Lease Finance Corporation (NASDAQ:WLFC ) Q1 2025 Earnings Call May 6, 2025 10:00 AM ET Company Participants Austin Willis - Chief Executive Officer Scott Flaherty - Chief Financial Officer Brian Hole - President Conference Call Participants Hillary Cacanando - Deutsche Bank Louis Raffetto - Wolfe Research Will Waller - M3 Eric Gregg - Four Tree Island Advisory Operator Good day, and welcome to the Willis Lease Finance Corporation First Quarter 2025 Earnings Call. Today's conference is being recorded. |
seekingalpha.com |
2025-05-07 04:32:30 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Announces Quarterly Dividend |
COCONUT CREEK, Fla., May 02, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) declared a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on May 22, 2025 to stockholders of record at the close of business on May 12, 2025. |
globenewswire.com |
2025-05-02 11:30:00 |
Czytaj oryginał (ang.) |
| 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 |
Company's strategic investments highlight its commitment to fostering regional prosperity and creating valuable job opportunities in Teesside Company's strategic investments highlight its commitment to fostering regional prosperity and creating valuable job opportunities in Teesside |
globenewswire.com |
2025-04-23 13:00:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Announces Timing of First Quarter 2025 Earnings and Conference Call |
COCONUT CREEK, Fla., April 22, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) plans to announce its financial results for the first quarter of 2025 on Tuesday, May 6, 2025. |
globenewswire.com |
2025-04-22 21:04:00 |
Czytaj oryginał (ang.) |
| Willis Sustainable Fuels Progresses Teesside SAF Project |
COCONUT CREEK, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced that its subsidiary, Willis Sustainable Fuels (UK) Limited (“WSF”), has entered into license and engineering agreements with two global leaders in sustainable technology, Johnson Matthey and Axens. These partnerships significantly advance WSF's sustainable aviation fuel (SAF) project in Teesside, Northeastern England. WSF is targeting Q1 2028 to begin commercial operations at its SAF production facility, with an anticipated annual production capacity of 14,000 tonnes (equalling approximately 50,000 litres a day) of SAF. |
globenewswire.com |
2025-03-31 09:00:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance: Growth At A Premium |
Willis Lease Finance has seen a remarkable 245.7% stock gain in a year, outperforming the S&P 500's 9.8% return. The company's focus on aero engines and spare parts, especially amid engine shortages, drives its strong business performance. Despite impressive revenue growth and profitability, the stock appears overvalued from a book value perspective, limiting future upside. |
seekingalpha.com |
2025-03-28 17:02:41 |
Czytaj oryginał (ang.) |
| Air India Express and Willis Lease Finance Corporation Ink Engine Sale & Leasebacks with ConstantThrust® |
COCONUT CREEK, Fla., March 27, 2025 (GLOBE NEWSWIRE) -- Air India Express (“AIX”), a wholly owned subsidiary of Air India, has signed definitive engine sale and leaseback agreements with Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) for 26 CFM56-7B engines installed on 13 of its Boeing 737-800 aircraft. The engines will be covered under WLFC's ConstantThrust® program providing enhanced reliability and significant cost savings compared to traditional MRO shop visits. This program is in addition to the ConstantThrust® program signed by WLFC and Air India in 2022, covering 34 CFM56-5B engines installed on Air India's Airbus A320 family fleet. Both programs will be managed in part by WLFC's team located in GIFT City, India. |
globenewswire.com |
2025-03-27 08:30:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Announces Joint Venture with Global Engine Maintenance to Develop Engine Test Cell Facility |
COCONUT CREEK, Fla., March 19, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, today announced its subsidiary, Willis Engine Repair Center® (“WERC®”), entered into an agreement with independent MRO (Maintenance, Repair and Overhaul) provider Global Engine Maintenance (“GEM”) to create a joint venture named Willis Global Engine Testing (“WGET”) to build an engine test cell facility in West Palm Beach, Florida. |
globenewswire.com |
2025-03-19 16:35:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation (WLFC) Q4 2024 Earnings Call Transcript |
Willis Lease Finance Corporation (NASDAQ:WLFC ) Q4 2024 Earnings Conference Call March 10, 2025 10:00 AM ET Company Participants Austin Willis - Chief Executive Officer Scott Flaherty - Chief Financial Officer Conference Call Participants Louis Raffetto - Wolfe Research Eric Gregg - Four Tree Island Advisory Sergey Glinyanov - Freedom Broker William Waller - M3F, Inc. Operator Good day, and welcome to the Willis Lease Finance Corporation Fourth Quarter 2024 Earnings Call. Today's conference is being recorded. |
seekingalpha.com |
2025-03-10 17:26:11 |
Czytaj oryginał (ang.) |
| Record Results for Willis Lease Finance Corporation in 2024 |
COCONUT CREEK, Fla., March 10, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported record annual total revenues of $569.2 million and pre-tax income of $152.6 million. For the year ended December 31, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time record high of $452.1 million, up 30.4% as compared to $346.8 million in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with a strong aviation marketplace. |
globenewswire.com |
2025-03-10 08:30:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Exercises Options for 30 CFM LEAP Engines |
COCONUT CREEK, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), a leading lessor of commercial aircraft engines and provider of global aviation service operations, has announced that it has exercised existing purchase rights for 30 new LEAP engines from CFM International, the 50-50 joint company between GE Aerospace and Safran Aircraft Engines. The purchase, pursuant to an option in a 2019 order, will include LEAP-1A engines for Airbus A320neo family aircraft, as well as LEAP-1B engines for Boeing 737 MAX aircraft, with delivery dates to be determined. With the addition of these engines to the WLFC portfolio, the Company will be able to offer even more flexible support to operators of these popular engine and aircraft types. |
globenewswire.com |
2025-02-20 16:30:00 |
Czytaj oryginał (ang.) |
| The Zacks Analyst Blog NVIDIA, Exxon Mobil, ServiceNow and Willis Lease Finance |
NVIDIA, Exxon Mobil, ServiceNow and Willis Lease Finance are included in this Analyst Blog. |
zacks.com |
2025-02-12 07:22:10 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Announces Timing of Fourth Quarter and Full Year 2024 Earnings and Conference Call |
COCONUT CREEK, Fla., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) plans to announce its financial results for the fourth quarter and full year 2024 on Monday, March 10, 2025. |
globenewswire.com |
2025-02-10 16:30:00 |
Czytaj oryginał (ang.) |
| Willis Aviation Services Limited and TUI Airways Forge Transformative Long-Term Base Maintenance Partnership |
Driving Progress and Excellence: A New Era of Aviation Maintenance Collaboration Driving Progress and Excellence: A New Era of Aviation Maintenance Collaboration |
globenewswire.com |
2025-01-27 17:33:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Announces Quarterly Dividend Reflecting Strong Performance |
COCONUT CREEK, Fla., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) declared a quarterly dividend of $0.25 per share on outstanding shares of WLFC common stock. The dividend is expected to be paid on February 21, 2025 to stockholders of record at the close of business on February 12, 2025. |
globenewswire.com |
2025-01-24 13:52:00 |
Czytaj oryginał (ang.) |
| Willis Aviation Services Limited Selected by Jet2.com for Expert MRO Services in UK |
Third Largest Airline in the UK Partners with Willis to Ensure Continued Fleet Reliability Third Largest Airline in the UK Partners with Willis to Ensure Continued Fleet Reliability |
globenewswire.com |
2025-01-08 16:32:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Invests in the Future with the Purchase of Nine Advanced GTF Engines, Powering the Latest Technology AIRBUS A320 Family in 2024 |
COCONUT CREEK, Fla., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and provider of global aviation service operations, is pleased to announce that it has entered into a transaction with Pratt & Whitney for the purchase of nine new PW1133G-JM aircraft engines, with all purchases expected to occur by December 31, 2024. Pratt & Whitney's GTF engines enable up to 20% better fuel efficiency compared to aircraft powered by the prior generation of engines, are certified for operation on 50% sustainable aviation fuel (“SAF”) and have been successfully tested on 100% SAF. The transaction, valued at approximately $200 million based on Pratt & Whitney's 2024 list prices, is another big step towards providing the most modern and in-demand engines to airlines over the long term. Pratt & Whitney is an RTX (NYSE: RTX) business. |
globenewswire.com |
2024-12-19 15:45:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Welcomes Stephen Jones to its Board of Directors |
Jones brings extensive airline, senior management, and governance experience Jones brings extensive airline, senior management, and governance experience |
globenewswire.com |
2024-12-17 17:45:00 |
Czytaj oryginał (ang.) |
| Willis Sustainable Fuels (UK) Limited Enters into Master Services Agreement with McDermott |
Key Milestone in Development of Advanced Sustainable Aviation Fuel (SAF) Facility in the UK Key Milestone in Development of Advanced Sustainable Aviation Fuel (SAF) Facility in the UK |
globenewswire.com |
2024-11-20 09:00:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Appoints Z. Clifton Dameron as Senior Vice President |
COCONUT CREEK, Fla., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and provider of global aviation service operations, is pleased to announce the appointment of Z. Clifton (“Clif”) Dameron to the role of Senior Vice President to strengthen and help streamline the Company's legal functions as WLFC continues to strategically expand its operations. |
globenewswire.com |
2024-11-07 18:13:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Q3 Earnings Soar Y/Y on Leasing Growth |
WLFC posts a strong Q3 fueled by leasing and maintenance gains. Expansion and strategic capital management support growth momentum, partly offset by higher interest expenses. |
zacks.com |
2024-11-05 16:26:18 |
Czytaj oryginał (ang.) |
| CORRECTION – Willis Lease Finance Corporation Reports Strong Third Quarter Pre-Tax Income of $34.5 million; Pre-Tax Income Up 69% as Compared to that of the Third Quarter of the Prior Period; Board Declares Recurring Quarterly Dividend of $0.25 Per Share of Common Stock |
COCONUT CREEK, Fla., Nov. 05, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline by Willis Lease Finance Corporation, the $48.5 million of short-term maintenance revenues earned was reported as the total year-to-date amount earned during the first three quarters of 2024, but this has been corrected to reflect that this amount was earned during the third quarter of 2024. The corrected release follows: |
globenewswire.com |
2024-11-05 12:13:00 |
Czytaj oryginał (ang.) |
| Announcement of New Revolving Credit Facility |
COCONUT CREEK, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported that on October 31, 2024, the Company entered into a new, $1.0 billion, five-year, revolving credit facility (the “Credit Agreement”) among WLFC, certain wholly-owned subsidiaries of WLFC, as guarantors, the lenders party thereto from time to time (the “Lenders”), and Bank of America, N.A., as administrative agent, collateral agent, swing line lender, and letter of credit issuer. The Credit Agreement replaced the existing $500.0 million revolving credit agreement, dated as of June 7, 2019 (as amended and restated, the “Existing Credit Agreement”), among WLFC, the lenders party thereto from time to time and MUFG Bank, Ltd. as agent. |
globenewswire.com |
2024-11-04 19:20:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation (WLFC) Q3 2024 Earnings Call Transcript |
Willis Lease Finance Corporation (NASDAQ:WLFC ) Q3 2024 Earnings Conference Call November 4, 2024 10:00 AM ET Company Participants Austin Willis - Chief Executive Officer Scott Flaherty - Chief Financial Officer Brian Hole - President Conference Call Participants Frank Galanti - Stifel Gregory Dahlberg - Wolfe Research, LLC Will Waller - M3F, Inc Eric Gregg - Four Tree Island Advisory LLC Justin Hughes - Phase 2 Partners Joshua Strauss - Pekin Hardy Strauss, Inc. Joshua Sullivan - The Benchmark Company Operator Good day and welcome to the Willis Lease Finance Corporation Third Quarter 2024 Earnings Call. Today's conference is being recorded. |
seekingalpha.com |
2024-11-04 17:56:01 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Reports Strong Third Quarter Pre-Tax Income of $34.5 million; Pre-Tax Income Up 69% as Compared to that of the Third Quarter of the Prior Period; Board Declares Recurring Quarterly Dividend of $0.25 Per Share of Common Stock |
COCONUT CREEK, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported third quarter total revenues of $146.2 million and quarterly pre-tax income of $34.5 million. The Company also announced its quarterly dividend of $0.25 per share, expected to be paid on November 21, 2024, with a record holder date of November 12, 2024. For the three months ended September 30, 2024, core lease rent and maintenance reserve revenues were $114.7 million in the aggregate, up 26% as compared to $91.3 million for the same period in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with the continued strength of the aviation marketplace, as airlines leverage the Company's leasing, parts and maintenance capabilities to avoid protracted, expensive engine shop visits. |
globenewswire.com |
2024-11-04 10:00:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Announces Timing of Third Quarter 2024 Earnings and Conference Call |
COCONUT CREEK, Fla., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) plans to announce its financial results for the third quarter 2024 before the opening of Nasdaq on Monday, November 4, 2024. |
globenewswire.com |
2024-10-16 20:57:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance's Liquidation Value Is >$200 |
A brief update on Willis Lease Finance Corporation. Here's what has happened. What might happen next. |
seekingalpha.com |
2024-10-15 14:00:00 |
Czytaj oryginał (ang.) |
| Announcement of Series A Preferred Stock Purchase Agreement |
COCONUT CREEK, Fla., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported that on September 27, 2024, WLFC entered into a Series A Preferred Stock Purchase Agreement with the Development Bank of Japan Inc., which refinances WLFC's $50 million of aggregate Series A-1 and Series A-2 preferred stock into one $65 million preferred stock series with a seven-year term, at the rate per annum of 8.35% per share. |
globenewswire.com |
2024-10-01 11:00:00 |
Czytaj oryginał (ang.) |
| 2 Small Caps of "Interest" |
Here we highlight 2 Outperform rated Small Caps that should benefit from a lower interest rate environment. |
zacks.com |
2024-09-05 22:06:07 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Appoints Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate Development |
COCONUT CREEK, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), the leading lessor of commercial aircraft engines and provider of global aviation service operations, is pleased to announce the appointment of Dr. Amy Ruddock in the newly created role of Senior Vice President, Sustainable Aviation & Corporate Development. Amy will be responsible for delivering and growing WLFC's sustainable aviation business while also overseeing corporate development. |
globenewswire.com |
2024-09-03 11:00:00 |
Czytaj oryginał (ang.) |
| Willis Lease (WLFC) Q2 Earnings Soar Y/Y on Lease Revenue Growth |
Willis Lease's (WLFC) Q2 earnings are driven by strategic asset acquisitions and increased lease and maintenance revenues despite rising expenses. |
zacks.com |
2024-08-02 18:51:01 |
Czytaj oryginał (ang.) |
| Record Results by Willis Lease Finance Corporation with Second Quarter Pre-tax Income of $57.9 million. Willis Declares First, Regular Quarterly Dividend of $0.25 Per Share. |
COCONUT CREEK, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported record second quarter total revenues of $151.1 million and record quarterly pre-tax income of $57.9 million. The Company also announced its first regular quarterly dividend of $0.25 per share, expected to be paid on August 21, 2024, with a record holder date of August 12, 2024. For the three months ended June 30, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time high of $118.8 million, up 32% as compared to $89.8 million in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with a strong, resurging aviation marketplace, and airlines leveraging the Company's leasing, parts and maintenance capabilities in order to avoid protracted engine shop visits. |
globenewswire.com |
2024-08-01 10:30:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Hires SR Technics Veteran, Caroline M. Vandedrinck, to Run its Growing Services Businesses |
COCONUT CREEK, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, announces the expansion of its technical senior leadership team into two distinct roles. In direct response to substantial and rapid growth, the Company has appointed industry veteran, Caroline M. Vandedrinck, as its new Senior Vice President (“SVP”), Materials & Services, to manage the Company's strategically aligned aftermarket services businesses. Garry Failler, SVP and Chief Technical Officer, will continue to manage WLFC's worldwide technical group, quality and logistics, as well as support the significant expansion of the Company's fleet of assets, currently valued at $2.5 billion. |
globenewswire.com |
2024-07-22 12:29:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Strikes Deal with Pratt & Whitney for up to 15 New Engine Purchases in 2024 |
COCONUT CREEK, Fla., June 25, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, is pleased to announce that it has finalized a deal with Pratt & Whitney, a division of RTX Corporation (NYSE: RTX), for the purchase and leaseback of up to fifteen Pratt & Whitney PW1100G-JM GTF aircraft engines, with all purchases expected to occur by December 31, 2024. Pratt & Whitney's GTF engine offers up to 17% lower fuel consumption, is certified for operation on 50% Sustainable Aviation Fuel (“SAF”) and has been successfully tested on 100% SAF. The transaction is valued at $363.9 million, according to Pratt & Whitney's list prices for the year 2024. |
globenewswire.com |
2024-06-25 13:33:00 |
Czytaj oryginał (ang.) |
| Willis Lease Finance Corporation Declares First Ever Cash Dividend |
COCONUT CREEK, Fla., May 17, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), the leading lessor of commercial aircraft engines and global provider of aviation services, announced today that its Board of Directors has declared a one-time special dividend of $1.00 per share on WLFC's common stock. The dividend is payable to shareholders of record at the close of business on May 30, 2024, and is expected to be paid on June 7, 2024. |
globenewswire.com |
2024-05-17 13:36:00 |
Czytaj oryginał (ang.) |
| Record Results by Willis Lease Finance Corporation with First Quarter Pre-tax Income of $29.9 million |
COCONUT CREEK, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported record first quarter total revenues of $119.1 million and record quarterly pre-tax income of $29.9 million. For the three months ended March 31, 2024, aggregate, core lease rent and maintenance reserve revenues were at an all-time high of $96.8 million, up 26% as compared to $76.7 million in 2023. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with a strong, resurging aviation marketplace, and airlines leveraging our leasing, parts and maintenance capabilities in order to avoid protracted engine shop visits. |
globenewswire.com |
2024-05-02 10:30:00 |
Czytaj oryginał (ang.) |