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Spirit AeroSystems and Boeing Amend Agreement on Advance Repayments

Spirit AeroSystems, a leading U.S. aerospace manufacturer, and Boeing have agreed to amend a prior memorandum of agreement (MOA) dated April 2024. The updated terms will postpone Spirit’s repayment of advances to Boeing until 2026, providing Spirit with additional financial flexibility.

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Willis Lease Finance Secures $1 Billion Revolving Credit Facility

Willis Lease Finance Corporation (WLFC), a leading U.S.-based provider of aviation leasing and asset management services, has entered into a new five-year revolving credit facility totaling $1 billion. This significant agreement, which includes WLFC’s wholly-owned subsidiaries as guarantors, replaces the company’s previous $500 million credit facility, enhancing its financial flexibility and supporting its long-term growth…

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Willis Lease Finance Reports Strong Q3 2024 Revenue and Income Growth

Willis Lease Finance Corporation (WLFC), based in the United States, has announced a significant financial performance for the third quarter of 2024, with total revenues increasing by 38.3% to $146.2 million and net income rising by 64.8% to $24 million. This impressive growth highlights WLFC’s strong market position and successful business strategies in the aircraft…