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Willis Lease Finance Corporation Leases an Additional 50 Acres at Teesside International Airport [Yahoo! Finance]

Willis Lease Finance Corporation (WLFC) 
US:NASDAQ Investor Relations: willislease.com/investors.aspx
Company Research Source: Yahoo! Finance
leading lessor of commercial aircraft engines and global provider of aviation services, announced today that its subsidiary, Willis Aviation Services Limited (“WASL”), a premier provider of aircraft maintenance, repair and overhaul (“MRO”) services, has signed a 250-year lease for an additional 50 acres at Teesside International Airport (“Teesside”) in Northeastern England. The agreement reflects WASL's long-term confidence in the Northeast England region and the expansion will increase maintenance, repair and overhaul (“MRO”) services capacity. “With this acquisition, we take another strategic step toward offering end-to-end aviation services and supporting the continued growth of the United Kingdom's aviation industry,” said Charles F. Willis, WLFC's Executive Chairman. Phil Forster, Managing Director of Teesside Airport, said: "WLFC has been a fantastic supporter of Teesside Airport for many years, and this long-lease agreement is a huge step in their commitment to our airpor Show less Read more
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