WILLIS LEASE FIN. DL-,01

Willis Lease Finance acquired 12 commercial aircraft and 13 engines to expand its leasing and aftermarket portfolio, citing disciplined growth and capital allocation. Management expects the assets to be integrated into its global platform to drive utilization and long-term value. Risks include integration, utilization, maintenance costs and residual-value pressure. Recent Q2 results showed mixed performance with lease rent up 6.7% but total revenue down 0.8% and net income falling 51.2%; institutional holdings rose while short interest remains elevated. » Altro su finance.yahoo.com

Willis Lease Finance reported operating income up 20% driven by higher lease rent revenue and a $32.0 million gain on equipment sales, while assets under management rose 21% to $4.4 billion and management fees more than doubled thanks to new fund partnerships. Net income attributable to shareholders fell 51.2% to $28.7 million, weighed by the absence of a prior-year one-time gain and $5.4 million loss on debt extinguishment this quarter. The company reduced debt and engine count in its owned lease portfolio even as hedge fund ownership doubled and short interest remains elevated at 22.05% of float. » Altro su finance.yahoo.com

Willis Lease Finance has signed a purchase agreement for three commercial properties in Coconut Creek, Florida, totaling 375,000 square feet for $118 million. The acquisition equals roughly 8% of market capitalization and is intended to serve as corporate headquarters as well as for the spare-parts business, MRO services, and engine storage. The company reports a current ratio of 1.54; closing remains subject to customary closing conditions. In the second quarter, revenue rose to $194 million, but diluted EPS of $1.31 missed expectations due to higher costs and financing expenses. » Altro su de.investing.com