Willis Lease Finance Corporation Acquires Regional Aircraft
COCONUT CREEK, Fla., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ:WLFC) ("Willis"), a leading lessor of commercial jet engines, announced today its investment into its regional aviation business with the purchase of four ATR 72-500 aircraft from Investec Bank plc. "After a significant review of the market, we saw this as the best opportunity for our Regional and Specialty Assets team to enhance our portfolio," said Charles F. Willis, Chairman & CEO. "Our team initiated a market search late last year issuing a Request for Proposal in November for interested parties with regional aircraft to sell. The purchase of these four aircraft launch us into regional a