Asia-Pacific Aerospace Briefs Today
May 2nd 2024
Today's briefs report news from Willis Lease Finance Corporation and AerCap Holdings. Read More »
Willis Lease Finance Corporation, the lessor of commercial aircraft engines and global provider of aviation services, announced the closing of its third engine-backed Japanese operating lease with call option (“JOLCO”), a US$21 million financing with a 5.0% interest loan maturing in March 2033 on a CFM LEAP-1B28 engine. WLFC closed its first JOLCO engine transaction in August 2023.
AerCap Holdings N.V. reported a first quarter 2024 net profit of $604 million. “AerCap continued its strong performance during the first quarter. Our business is performing very well and the demand for our aviation assets remains robust. During the quarter, we generated adjusted net income of $658 million and adjusted earnings per share of $3.29, as well as operating cash flow of $1.4 billion.
TEREZA says:
May 25th 2024 12:37am