COCONUT CREEK, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), the leading lessor of commercial aircraft engines and provider of global aviation service operations, is pleased to announce the appointment of Dr. Amy Ruddock in the newly created role of Senior Vice President, Sustainable Aviation & Corporate Development. Amy will be responsible for delivering and growing WLFC’s sustainable aviation business while also overseeing corporate development. Austin ...

租赁业务 - 公司的核心业务是收购和租赁商业飞机、飞机发动机及相关设备[126] - 截至2024年6月30日,公司的租赁组合包括2,317.9百万美元的运营租赁资产、115.5百万美元的应收票据、25.5百万美元的维修权利和6.2百万美元的销售型租赁投资[135] - 2024年第二季度租赁收入增加2.7%至55.9百万美元,主要由于获取更多发动机并投放租赁组合以及平均租赁费率上升[133] - 公司在2024年6月30日拥有23.179亿美元的运营租赁资产组合、1.155亿美元的应收票据、2,550万美元的维修权利和620万美元的销售型租赁投资[152] - 2024年上半年的平均利用率(基于净账面价值)约为84%,2023年上半年为85%[152] 维修储备收入 - 2024年第二季度维修储备收入增加77.6%至62.9百万美元,主要由于期末补偿和与下租约结束相关的长期维修储备的实现[136] - 维修储备收入增加4,790万美元,增长81.2%,达到1.068亿美元,其中长期维修收入为2,330万美元[153] 出售租赁资产收益 - 2024年第二季度出售租赁设备产生的收益为14.4百万美元,较上年同期增加223.4%[138] - 2024年上半年出售15台发动机、8架机身和其他部件和设备,获得净收益2,360万美元[155] 一般及行政费用 - 2024年第二季度一般及行政费用增加9.3%至34.7百万美元,主要由于人员成本增加6.2百万美元[145] - 2024年上半年的一般和行政费用增加470万美元,增长7.9%,达到6,430万美元,主要反映了人员成本增加960万美元[162] 融资成本 - 2024年上半年的净融资成本增加1,010万美元,增长26.9%,达到4,760万美元,主要由于债务水平增加和WEST VII票据利率较高[164] 现金流 - 2024年上半年的经营活动产生的现金流为12,970万美元,较2023年同期增加3,120万美元,增长31.6%[168] - 2024年上半年的投资活动使用的现金流为27,500万美元,主要用于购买32,160万美元的运营租赁和待售设备[169] - 2024年上半年的融资活动产生的现金流为12,520万美元,主要反映了35,720万美元的债务融资,部分被2.113亿美元的偿还所抵消[170] 未来发展 - 公司目前承诺在2027年前购买2台普惠发动机、7台新LEAP-1B发动机和18台新LEAP-1A发动机,总金额为4.753亿美元[176] - 公司已与普惠公司签订25台发动机的采购协议,并承诺在2030年前提供8850万至1.215亿美元的维修服务[178] - 公司认为目前的股权基础、内部产生的资金以及现有的债务融资渠道足以维持未来12个月的经营水平[180] - 如果租赁飞机数量增加、现有债务融资渠道减少或借款成本大幅上升,内部产生的资金可能会下降,从而影响公司维持当前经营水平的能力[180] - 公司正在与商业银行和投资银行讨论增加资本基础的事宜,如果无法获得额外资本,将会限制公司未来的资产增长[180] 利率风险 - 公司有527.3百万美元的浮动利率债务,每增加或减少1%的利率将使年利息费用增加或减少330万美元[182] - 公司通过对冲部分借款来固定利率,以保护较长期固定利率租赁的利润率,但这可能会限制从利率下降中获益的能力[183] 汇率风险 - 公司70%的租金收入来自非美国承租人,如果承租人货币贬值,可能会影响其支付租金的能力[184]

财务业绩 - 第二季度总收入创纪录达1.511亿美元，同比增长38.6%[3] - 核心租赁收入和维修储备收入创纪录达1.188亿美元，同比增长32%[3] - 维修储备收入创纪录达6290万美元，同比增长77.6%[3] - 出售租赁设备收益创纪录达1440万美元，同比增长223.4%[6] - 第二季度税前利润创纪录达5790万美元，同比增长205.3%[14] - 每股摊薄收益为6.21美元，同比增长207.4%[15] 资产负债表 - 截至2024年6月30日，租赁资产账面价值达28.033亿美元[8] - 每股账面价值增至73.64美元，较2023年12月31日的67.73美元有所增长[6] - 现金及现金等价物为50.44百万美元[17] - 受限现金为1,428.69百万美元[17] - 用于经营租赁的设备(扣除累计折旧)为23,179.03百万美元[17] - 维修权为254.69百万美元[17] - 待售设备为80.58百万美元[17] - 应收款项净额为540.95百万美元[17] - 备件存货为819.13百万美元[17] - 投资为637.65百万美元[17] - 物业、设备及家具(扣除累计折旧)为359.68百万美元[17] - 无形资产净额为54.28百万美元[17] 股东回报 - 公司宣布派发每股0.25美元的首次季度普通股股息[6]

COCONUT CREEK, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ:WLFC) ("WLFC" or the "Company") today reported record second quarter total revenues of $151.1 million and record quarterly pre-tax income of $57.9 million. The Company also announced its first regular quarterly dividend of $0.25 per share, expected to be paid on August 21, 2024, with a record holder date of August 12, 2024. For the three months ended June 30, 2024, aggregate, core lease rent and maintenance reser ...

COCONUT CREEK, Fla., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”) today reported record second quarter total revenues of $151.1 million and record quarterly pre-tax income of $57.9 million. The Company also announced its first regular quarterly dividend of $0.25 per share, expected to be paid on August 21, 2024, with a record holder date of August 12, 2024. For the three months ended June 30, 2024, aggregate, core lease rent and maintenance rese ...

COCONUT CREEK, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ:WLFC) ("WLFC" or the "Company"), the leading lessor of commercial aircraft engines and global provider of aviation services, announces the expansion of its technical senior leadership team into two distinct roles. In direct response to substantial and rapid growth, the Company has appointed industry veteran, Caroline M. Vandedrinck, as its new Senior Vice President ("SVP"), Materials & Services, to manage the Com ...

COCONUT CREEK, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC” or the “Company”), the leading lessor of commercial aircraft engines and global provider of aviation services, announces the expansion of its technical senior leadership team into two distinct roles. In direct response to substantial and rapid growth, the Company has appointed industry veteran, Caroline M. Vandedrinck, as its new Senior Vice President (“SVP”), Materials & Services, to manage the Co ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-15369 __________________________________________________________________ ...

Exhibit 99.1 CONTACT: Scott B. Flaherty Chief Financial Officer NEWS RELEASE (561) 349-9989 Record Results by Willis Lease Finance Corporation with First Quarter Pre-tax Income of $29.9 million COCONUT CREEK, FL — May 2, 2024 — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) today reported record first quarter total revenues of $119.1 million and record quarterly pre-tax income of $29.9 million. For the three months ended March 31, 2024, aggregate, core lease rent and maintenance reserve revenues w ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-15369 WILLIS LEASE FINANCE CORPORATION (Exact name of registrant as specified in its charter) Delaware 68-0070656 (State or other jurisdiction of incorporation or ...