(WLFC) Willis Lease Finance - Ratings and Ratios

Willis Lease Finance Corporation is a global player in the aviation industry, specializing in the leasing and servicing of commercial aircraft and aircraft engines. With a diverse portfolio, the company operates through two primary segments: Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment involves the acquisition and leasing of commercial aircraft, aircraft engines, and other related equipment, as well as the purchase and resale of these assets. This segment also encompasses various related businesses, such as engine management and consulting services, which cater to the needs of commercial aircraft operators and maintenance, repair, and overhaul organizations.

The Spare Parts Sales segment focuses on the purchase and resale of after-market engine parts, whole engines, engine modules, and portable aircraft components. This segment is critical in supporting the maintenance and repair activities of aircraft operators, ensuring that they have access to the necessary parts and components to keep their fleets operational. By providing these services, Willis Lease Finance Corporation plays a vital role in the global aviation supply chain, enabling airlines and other operators to maintain their aircraft efficiently and effectively.

As of December 31, 2023, the company's lease portfolio consisted of 337 engines, 12 aircraft, one marine vessel, and other leased parts and equipment, with a diverse customer base of 74 lessees across 42 countries. Additionally, Willis Lease Finance Corporation managed a total lease portfolio of 198 engines, aircraft, and related equipment on behalf of other parties, further demonstrating its expertise and capabilities in the aviation leasing and management space. With a history dating back to 1985, the company is headquartered in Coconut Creek, Florida, and is publicly traded on the NASDAQ stock exchange under the ticker symbol WLFC.

Willis Lease Finance Corporation's business model is designed to provide a range of benefits to its customers, including flexible leasing options, access to a diverse portfolio of aircraft and engine assets, and expert management and consulting services. By leveraging its extensive industry experience and global reach, the company is well-positioned to support the evolving needs of the aviation industry, while also delivering value to its shareholders. With a strong online presence, including its website at https://www.wlfc.global, the company is committed to transparency and investor engagement, providing regular updates on its financial performance and business activities.