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WLFC, the seller of the assets to WEST IV along with several WLFC affiliates, will retain a position as E certificate holder, consistent with similar investments made by WLFC in prior WEST transactions.
The airframe and engines in the pool will be sold from WLFC to WEST IV during a delivery period ending 270 days after closing of the transaction.
NOVATO, CA: Willis Lease Finance Corporation (NASDAQ: WLFC), the premier independent jet engine lessor, announced today that it has expanded its $700 million revolving credit facility by over 40% to $1 billion, which includes a $110 million accordion feature.
Novato, CA: Willis Lease Finance Corporation (Nasdaq: WLFC) announced today that Marc Pierpoint joined the firm as its Vice President, Portfolio Management & Trading.
NOVATO, CA: Willis Lease Finance Corporation (NASDAQ: WLFC), the premier independent jet engine lessor in the commercial finance sector, today reported pretax earnings for 2015 of $14.1 million, up 19.4% from $11.8 million in 2014.
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- Wlfred Owen