Willis Lease Finance 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.
Willis Lease Finance leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries