Willis Lease signs ConstantAccess™ agreement with major European Airline

Willis Lease Finance Corporation has entered into an agreement to provide ConstantAccess™ Platinum to a major European operator for a fleet consisting of 40 engines. The agreement will provide guaranteed availability of spare engines for both planned, and unplanned removals. “We are finding a greater number of airlines, both legacy operators as well as low cost carriers, are opting to contract with us to provide them with spare engine coverage on a ‘just in time basis’ rather than maintaining a portfolio of underutilized assets” - commented Austin C. Willis, SVP of Corporate Development of Willis Lease.