COCONUT CREEK, Fla., Aug. 30, 2022 (GLOBE NEWSWIRE) — Willis Lease Finance Company (NASDAQ:WLFC) (“Willis Lease”) introduced that its wholly owned subsidiary, Willis Asset Administration Restricted (“Willis Asset”), has been chosen by Peach Aviation Restricted as its devoted plane CAMO supplier in help of A320 plane redeliveries going down at varied Upkeep, Restore & Overhauls (“MROs”) in Asia and Europe. With longstanding technical asset administration expertise, Willis Asset is dedicated to offering environment friendly, personalized and cost-effective options supporting airways, lessors, MROs and financiers across the globe.

“Willis Lease, and our subsidiaries, are effectively positioned to help our clients with fleet transitions resulting from our broad capabilities, starting from CAMO and airframe upkeep to fleet purchases and engine exchanges. We’re honored to have been chosen by Peach and look ahead to exceeding their expectations,” mentioned Austin C. Willis, CEO of Willis Lease.

Willis Lease Finance Company

Willis Lease Finance Company leases giant and regional spare business plane engines, auxiliary energy items and plane to airways, plane engine producers and upkeep, restore and overhaul suppliers in 120 nations. These leasing actions are built-in with engine and plane buying and selling, engine lease swimming pools and asset administration providers supported by leading edge know-how by means of its subsidiary, Willis Asset Administration Restricted, in addition to varied end-of-life options for engines and aviation supplies offered by means of its subsidiary, Willis Aeronautical Companies, Inc.

Aside from historic data, the issues mentioned on this press launch comprise forward-looking statements that contain dangers and uncertainties. Don’t unduly depend on forward-looking statements, which give solely expectations in regards to the future and usually are not ensures. Ahead-looking statements communicate solely as of the date they’re made, and we undertake no obligation to replace them. Our precise outcomes could differ materially from the outcomes mentioned in forward-looking statements. Elements that may trigger such a distinction embody, however usually are not restricted to: the consequences on the airline trade and the worldwide economic system of occasions equivalent to battle, terrorist exercise and the COVID-19 pandemic; adjustments in oil costs, rising inflation and different disruptions to world markets; traits within the airline trade and our skill to capitalize on these traits, together with progress charges of markets and different financial elements; dangers related to proudly owning and leasing jet engines and plane; our skill to efficiently negotiate tools purchases, gross sales and leases, to gather excellent quantities due and to regulate prices and bills; adjustments in rates of interest and availability of capital, each to us and our clients; our skill to proceed to fulfill altering buyer calls for; regulatory adjustments affecting airline operations, plane upkeep, accounting requirements and taxes; the market worth of engines and different belongings in our portfolio; and dangers detailed within the Firm’s Annual Report on Kind 10-Okay and different persevering with experiences filed with the Securities and Trade Fee.

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