Willis Lease Finance Corporation (WLFC) has completed the acquisition of a portfolio comprising 12 commercial aircraft and 13 aircraft engines, strengthening its leasing and asset management capabilities.
The transaction adds to WLFC’s existing portfolio and provides the company with additional assets to support its aircraft and engine leasing operations, as well as its asset management, technical and aftermarket businesses.
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Austin C. Willis, CEO of Willis Lease Finance Corporation, said the acquisition provides an opportunity to deploy capital into assets that complement the company’s existing operations while advancing its strategy of disciplined growth and long-term value creation.
Milbank served as legal counsel to WLFC, while PwC provided accounting, tax and financial due diligence services. The seller was advised by Vedder and KPMG Ireland.
