Record Results for Willis Lease Finance Corporation in 2023

March 13, 2024

https://www.globenewswire.com/news-release/2024/03/13/2845276/9504/en/Record-Results-for-Willis-Lease-Finance-Corporation-in-2023.html

COCONUT CREEK, Fla., March 13, 2024 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ:WLFC) (“WLFC”) today reported record annual total revenues of $418.6 million and pre-tax income of $67.1 million. For the year ended December 31, 2023, aggregate, core lease rent and maintenance reserve revenues were at an all-time record of $346.8 million, up 41.0% as compared to $246.0 million in 2022. The growth was predominantly driven by core, recurring lease and maintenance revenues associated with a strong, resurging aviation marketplace.

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