Business
Willis Lease Finance Corporation Closes Two Additional JOLCO Deals, Bringing Total JOLCO Financing to Nearly $150 Million
COCONUT CREEK, Fla., April 01, 2026 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of
About this update from Willis Lease Finance Corporation
[{"type":"text","content":"COCONUT CREEK, Fla., April 01, 2026 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and a global provider of aviation services, today announced the closing of two Japanese Operating Lease with Call Option (“JOLCO”) transactions, totaling approximately $50 million in financing. Both transactions closed in March 2026, bringing WLFC’s total JOLCO financing to nearly $150 million. The financings support LEAP-1A and LEAP-1B engines with both transactions maturing in 2031. “The JOLCO market provides the Company another term financing solution, allowing us to further diversify capital sources and to continue to offer competitive alternatives to our airline customers,” said Scott B. Flaherty, EVP, and Chief Financial Officer of Willis Lease Finance Corporation. Willis Lease Finance Corporation Willis Lease Finance Corporation (WLFC) leases large and regional spare commercial aircraft engines and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Additionally, through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the Company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO, and ground and cargo handling services. Forward-Looking Statements Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. By their nature, forward-looking statements involve several inherent risks, uncertainties and assumptions and are subject to change in circumstances that are difficult to predict and many of which are outside of our control. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. Forward-looking statements spe...