Willis Lease Finance Corporation (NASDAQ:WLFC) Files An 8-K Other Events
Item 8.01 Other Events.
On January 8, 2019, the Company completed the sale and leaseback of the remaining four A319 aircraft, powered by CFM56-5B engines, with easyJet Airline Company Limited, which transaction was previously reported in the Form 8-K filed with the Commission on December 21, 2018.
On January8, 2019, the Company also issued a press release regarding this completed sale and leaseback transaction with easyJet Airline Company Limited. A copy of the press release is attached hereto as Exhibit99.1 to this report.
Item 9.01 Financial Statements and Exhibits.
The Company hereby furnishes the following exhibit to Item 8.01, “Other Events”.
WILLIS LEASE FINANCE CORP Exhibit
EX-99.1 2 a19-2216_1ex99d1.htm EX-99.1 Exhibit 99.1 Willis Lease Finance Corporation Power to Spare Worldwide® CONTACT: Scott B. Flaherty Chief Financial Officer (415) 408-4700 NEWS RELEASE Willis Lease Finance Closes Ten Aircraft Sale and Leaseback with easyJet Airline COCONUT CREEK,…
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About Willis Lease Finance Corporation (NASDAQ:WLFC)
Willis Lease Finance Corporation along with its subsidiaries is a lessor of commercial aircraft engines. The Company operates through two business segments, such as Leasing and Related Operations, and Spare Parts Sales. The Leasing and Related Operations segment involves acquiring and leasing, primarily pursuant to operating leases, commercial aircraft, aircraft engines and other aircraft equipment, and the selective purchase and resale of commercial aircraft engines and other aircraft equipment. The Spare Parts Sales segment involves the purchase and resale of after-market engine and airframe parts, whole engines, engine modules and portable aircraft components, and leasing of engines destined for disassembly and sale of parts. Its lease portfolio consists of approximately 200 engines and related equipment, 10 aircrafts and five spare engine parts packages. The Company’s business activities also include equipment leasing and spare parts sales.