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 numerous Upkeep, Restore & Overhauls (“MROs”) in Asia and Europe. With longstanding technical asset administration expertise, Willis Asset is dedicated to offering environment friendly, custom-made and cost-effective options supporting airways, lessors, MROs and financiers across the globe.

“Willis Lease, and our subsidiaries, are nicely positioned to help our prospects with fleet transitions attributable to 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 stay up for exceeding their expectations,” stated Austin C. Willis, CEO of Willis Lease.   

Willis Lease Finance Company

Willis Lease Finance Company leases massive and regional spare industrial 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 companies supported by leading edge expertise by means of its subsidiary, Willis Asset Administration Restricted, in addition to numerous end-of-life options for engines and aviation supplies supplied by means of its subsidiary, Willis Aeronautical Providers, 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 should not ensures. Ahead-looking statements converse 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. Components which may trigger such a distinction embrace, however should not restricted to: the consequences on the airline trade and the worldwide financial system of occasions equivalent to conflict, terrorist exercise and the COVID-19 pandemic; modifications in oil costs, rising inflation and different disruptions to world markets; tendencies within the airline trade and our means to capitalize on these tendencies, together with progress charges of markets and different financial components; dangers related to proudly owning and leasing jet engines and plane; our means to efficiently negotiate gear purchases, gross sales and leases, to gather excellent quantities due and to manage prices and bills; modifications in rates of interest and availability of capital, each to us and our prospects; our means to proceed to fulfill altering buyer calls for; regulatory modifications affecting airline operations, plane upkeep, accounting requirements and taxes; the market worth of engines and different property in our portfolio; and dangers detailed within the Firm’s Annual Report on Type 10-Ok and different persevering with experiences filed with the Securities and Trade Fee.