WLFC - Willis Lease Finance Corporation Completes Delivery of 4th ATR 72-500 Aircraft under its ConstantThrust® Engine Maintenance Program | Benzinga
COCONUT CREEK, Fla., March 21, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ:WLFC) ("WLFC") announces it has successfully delivered its fourth ATR 72-500 aircraft to Transportes Aéreos Guatemaltecos (TAG Airlines) ("TAG") as part of its lease agreements with the airline for four ATR 72-500 aircraft. The aircraft were overhauled and refurbished and fitted with new Pratt & Whitney Canada PW127M engines.
Under the lease agreements, the aircraft are included in WLFC's ConstantThrust® program for PW127M engines. WLFC will oversee the maintenance and care for the engines and will provide replacement engines as applicable. "We are thrilled to support TAG, our first regional ConstantThrust® airline partner, with a fourth aircraft delivery," said Austin C. Willis, Chief Executive Officer of WLFC. "We value the relationship we continue to build with TAG, as it expands its service in Central America."
WLFC provides unique leasing solutions and programs to its global large-fan and regional airline customers to help them navigate today's complex engine maintenance and supply chain issues, reducing maintenance costs while providing predictability ...