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Willis Lease Finance Corp

 
Hoover's Profile: Willis Lease Finance Corporation
(NASDAQ (GM):WLFC)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Willis Lease Finance Corporation
773 San Marin Dr., Ste. 2215
Novato, CA 94998
CA Tel. 415-408-4700
Fax 415-408-4701

Type: Public
On the web: http://www.willislease.com
Employees: 55
Employee growth: 5.8%

Hey, buddy, got any spare Pratt & Whitneys? Willis Lease Finance buys and sells aircraft engines that it leases to commercial airlines, air cargo carriers, and maintenance and repair organizations in some 30 countries. Its portfolio includes more than 140 aircraft engines and related equipment made by Pratt & Whitney, Rolls-Royce, CFM, GE Aircraft Engines, and International Aero. The engine models in the company's portfolio are used on popular Airbus and Boeing aircraft. The Willis Lease portfolio also includes four de Havilland DHC-8 commuter aircraft.

Key numbers for fiscal year ending December, 2008:
Sales: $152.3M
One year growth: 24.9%
Net income: $26.6M
Income growth: 83.0%

Officers:
Chairman, President, and CEO: Charles F. Willis IV
EVP, COO, and Director: Jesse V. Crews
SVP and CFO: Bradley S. (Brad) Forsyth

Competitors:
Boeing Capital
GE Commercial Aviation Services
ILFC

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