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Willis Lease Finance Announces Long-Term Storage Agreement With RTX's Pratt & Whitney To Provide Storage, Lease Return Services For PW1100G-JM, PW1500G, PW1900G, PW4000 And IAE AG V2500 Engines
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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 a long-term storage agreement with Pratt & Whitney, an RTX business, to provide storage and lease return services for PW1100G-JM, PW1500G, PW1900G, PW4000 and IAE AG V2500 engines. WLFC will support Pratt & Whitney's growing aftermarket storage requirements from its Coconut Creek, Florida and Bridgend, Wales facilities.

This five-year agreement builds on the Company’s decades-long relationship with Pratt & Whitney, strengthened through quality reviews of Willis Engine Repair Center® ("WERC®"), a subsidiary of WLFC, as well as WERC®’s technical capabilities and Maintenance & Storage Training (MTA) initiatives. Together, these capabilities and initiatives will support the continued expansion of the Company’s storage capacity.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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