Recent Updates — WLFC
Willis Lease Finance Corporation completed the acquisition of WNG II Aircraft Leasing (Cayman) Ltd. and WNG Aircraft Management 3, LLC on August 24, 2026. The transaction involves a portfolio comprising twelve commercial aircraft and thirteen spare aircraft engines. The adjusted purchase price was approximately $262,900,000, derived from a base price of $379,300,000 after adjustments for rent, reserves, deposits, holdbacks, debt discharge, and vendor costs. Willis Lease Finance Corporation is an aircraft leasing company that provides aviation services including engine maintenance and asset management.
On August 3, 2026, Willis Lease Finance Corporation executed a Purchase and Sale Agreement to acquire three commercial buildings in Coconut Creek, Florida, totaling 375,000 square feet for $118.0 million. The company intends to utilize these properties to support expanding operations, including its corporate headquarters, spare parts business facilities, maintenance repair and overhaul services, as well as space for preservation and engine storage. Closing is subject to customary conditions. Willis Lease Finance Corporation operates in the aviation industry, providing aircraft leasing, maintenance, repair, and overhaul services.
Willis Lease Finance Corporation reported second quarter 2026 financial results for the period ended June 30, 2026. The company generated $77.1 million in quarterly lease rent revenue and recognized a $32.0 million gain on the sale of leased equipment. Net income attributable to common shareholders was $28.7 million, resulting in diluted earnings per share of $1.31. Adjusted EBITDA increased 4.0% year-over-year to $120.7 million. The company also announced the issuance of $200 million in senior convertible notes and reported total assets under management of $4.4 billion. Willis Lease Finance Corporation operates as a lessor of commercial aircraft engines and provider of aviation services.
Willis Lease Finance Corporation declared a quarterly cash dividend of $0.133 per share, adjusted for a recent three-for-one stock split. The payment is scheduled for August 21, 2026, to shareholders of record as of August 11, 2026. Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines and aircraft to airlines, manufacturers, and MRO providers worldwide.