Aerospace & Aviation
Willis Lease reports $1.3 billion in discretionary fund capital ready to deploy and signs engine storage deal with Pratt & Whitney
Willis Lease Finance Corporation disclosed it has roughly $1.3 billion of additional capital ready to deploy in its discretionary funds while also signing a major engine storage agreement with Pratt & Whitney. CEO Austin Willis said assets under management rose from about $3.6 billion in the second quarter of 2025 to roughly $4.4 billion in the second quarter of 2026, with earnings before tax of $38 million and adjusted EBITDA of $120.7 million. The company completed the seeding of its fund portfolios and will now focus on growing assets under management through third-party purchases. Willis Lease also acquired three Airbus A330-300 aircraft leased to China Airlines and EVA Air, and signed definitive documentation to acquire entities owning an additional 12 commercial aircraft and 13 engines. CFO Scott Flaherty reported second-quarter revenues of $194 million, net income of $28.7 million, and diluted earnings per share of $1.31.