Oman Air Plans to Add Six Widebody Aircraft by 2028 to Expand Global Network

Rolls-Royce Advances Trent 1000 XE to Reclaim 787 Market Share Rolls-Royce Holdings Plc is intensifying its efforts to regain a stronger foothold in Boeing’s 787 Dreamliner program by actively promoting its upgraded Trent 1000 XE engine. At the Singapore Airshow, Rob Watson, head of civil aerospace at Rolls-Royce, emphasized the company’s commitment to winning back customers and securing new contracts after years of trailing GE Aerospace, whose GEnx-1B engine has dominated the 787 market. Enhancing Durability and Market Presence The Trent 1000 XE, which entered production in late 2023, is marketed primarily for its improved durability—a critical factor as Rolls-Royce seeks to restore confidence among airlines. The engine’s recent introduction into Lufthansa’s fleet marks a significant milestone in the company’s campaign to increase its share of the 787 market. Despite this progress, Watson cautioned that it remains too early to determine whether the engine is fully meeting all performance targets. Historically, Rolls-Royce has held a minority position on the 787, with over 1,200 aircraft in service predominantly powered by GE’s GEnx-1B. The company’s renewed sales push includes targeting carriers such as Malaysia Airlines, aiming to rebuild momentum after losing key customers like British Airways, which opted for GE engines in its latest 787 deliveries. Broader Durability Initiatives and Industry Challenges This sales initiative is part of a wider £1 billion program focused on enhancing durability across Rolls-Royce’s largest engine families, including the Trent XWB series that powers Airbus’s A350 widebody jets. Durability issues, particularly with the larger XWB-97 variant, have posed challenges in recent years. Public criticism from Emirates President Tim Clark notably influenced the airline’s decision to forgo orders for Airbus’s largest production aircraft. Rolls-Royce’s efforts to upgrade the Trent 1000 XE come amid broader industry challenges such as supply chain disruptions and geopolitical uncertainties. The company has defended recent price increases as necessary to maintain competitiveness in this complex environment. Market response has been cautiously optimistic, with Lufthansa’s adoption of the upgraded engine viewed as a positive development. However, GE Aerospace is expected to respond by enhancing its own engine offerings to counter Rolls-Royce’s advances, particularly as the latter invests heavily in improving Trent engine durability. Strategic Outlook and Future Prospects Following its exit from the single-aisle market in 2012, Rolls-Royce has concentrated on widebody and business jet segments while exploring potential re-entry into narrowbody aircraft through strategic partnerships. Under CEO Tufan Erginbilgic, the company’s financial performance has improved significantly, with shares nearly quadrupling since early 2024. Rolls-Royce continues to develop its Ultrafan platform, integrating durability-focused technologies into existing Trent engines as it strives to reclaim a competitive position in the widebody engine market.

The Reason Behind Boeing’s Use of Engine Chevrons on the 737 MAX Evolution of Noise Regulations and Aircraft Design Commercial aviation has undergone significant transformation over the decades, shifting from an emphasis on raw performance to a more balanced focus on efficiency, environmental impact, and noise reduction. Early jetliners, while groundbreaking in their ability to provide extended range and speed, were notoriously loud. This noise became a growing concern as airports expanded and nearby communities increasingly demanded quieter operations. In response, regulatory bodies introduced progressively stricter noise limits. During the era of aircraft such as the Boeing 727 and McDonnell Douglas DC-9, compliance with Stage 2 noise standards was sufficient. However, by the late 1970s, Stage 3 regulations imposed tougher maximum noise levels for takeoff, approach, and runway operations. Today, the Federal Aviation Administration (FAA) requires all new jets and large turboprops to meet even more stringent Stage 5 standards. This tightening of noise regulations has spurred innovation in both aircraft and engine design. Among the most notable advancements is the introduction of chevrons—distinctive jagged edges located at the rear of some modern jet engines, including those on the Boeing 737 MAX. These features are not merely aesthetic; they serve a critical function in noise reduction. The Role of Chevrons in Noise Reduction The underlying science of chevrons is rooted in the dynamics of jet engine exhaust. Traditional engines generated significant noise as hot exhaust gases exited at high velocity, mixing turbulently with cooler bypass air and the surrounding atmosphere. This interaction created vortices and turbulence, which were primary contributors to the characteristic jet roar. The development of high-bypass ratio engines, which use large fans to move greater volumes of air at lower speeds, had already reduced noise levels by up to 50% compared to earlier designs. Nevertheless, as noise regulations became more stringent, further innovations were necessary. Chevrons mitigate noise by smoothing the mixing process between hot and cold air streams at the engine’s exhaust. This reduces turbulence and weakens the vortices responsible for much of the noise. By incorporating chevrons, aircraft like the 737 MAX can comply with the latest regulatory requirements without incurring significant weight penalties or compromising engine performance. Industry Context and Boeing’s Challenges Boeing’s integration of chevrons on the 737 MAX reflects a broader industry trend toward quieter and more efficient aircraft. However, the MAX program has encountered considerable challenges, including ongoing safety concerns and intensified regulatory scrutiny that have complicated its certification process. Although the FAA has recently approved the 737 MAX 10 for the next stage of certification, several obstacles remain before the aircraft can enter widespread service. Simultaneously, engine manufacturers such as GE Aerospace have seen increased demand for their LEAP and GE9X engines, driven by Boeing’s ramped-up 737 MAX production and efforts to certify the 777X. Despite these hurdles, Boeing’s renewed emphasis on safety and its so-called “industrial reset” have contributed to stabilizing its position within the global aviation market. The adoption of chevrons on the 737 MAX thus exemplifies the intersection of regulatory pressure, technological innovation, and market dynamics that continue to shape the future of commercial aviation, enabling the delivery of quieter, more efficient, and safer aircraft for airlines and communities worldwide.

Osaka Launches Electric Air Taxis to Transform Urban Mobility Osaka is poised to become a leader in advanced air mobility with the introduction of electric air taxi services aimed at significantly reducing travel times for both tourists and residents. Spearheaded by Vertical Aerospace in collaboration with Marubeni Corporation, the initiative seeks to establish a network of zero-emission air taxi routes throughout Japan’s Kansai region. Key connections will include Osaka, Awaji Island, and other prominent destinations, marking a major step forward in sustainable transportation. Enhancing Tourism and Regional Connectivity The deployment of electric air taxis is expected to revolutionize travel experiences across the region. A flagship route linking Osaka and Awaji Island promises to cut travel times by as much as 80 percent compared to conventional ground transportation. By circumventing congested roadways, these air taxis will provide direct access to scenic locations such as Shodoshima and nearby islands, appealing to premium tourists and visitors attending major international events, including the forthcoming Osaka World Expo. In addition to boosting tourism, the service will improve airport connectivity. Planned routes will connect Osaka’s Izumisano Airport with the city center and Kobe, facilitating smoother first- and last-mile travel for international travelers while alleviating congestion at busy terminals. Expanding Applications and Commitment to Sustainability Beyond passenger transport, Vertical Aerospace and Marubeni are exploring the use of electric air taxis for essential services such as medical emergencies and logistics. The ability to rapidly reach remote or densely populated areas could enhance emergency response capabilities and streamline supply deliveries, thereby strengthening the region’s overall mobility infrastructure. The aircraft, named Valo, is engineered for zero-emission operation, aligning with Japan’s broader environmental objectives. Vertical Aerospace aims to secure regulatory certification from both the U.S. Federal Aviation Administration and UK authorities by 2028, reflecting a strong commitment to safety and environmental responsibility. Challenges and Competitive Dynamics Despite the promising outlook, the introduction of electric air taxis in Osaka faces considerable challenges. Regulatory approval remains a complex and rigorous process, with authorities closely examining safety standards and operational procedures. Public concerns regarding noise pollution, low-altitude flights, and potential disruptions echo skepticism observed in other cities such as Los Angeles, where similar projects have encountered resistance. The competitive environment is intensifying as well. While Vertical Aerospace advances its plans in Japan, competitors like Archer Aviation and Joby Aviation are actively pursuing opportunities in other global markets. Archer is positioning itself as a leading transit provider in Los Angeles, whereas Joby continues to navigate regulatory and safety hurdles. Legal disputes over trade secrets among these companies underscore the high stakes and rapid pace of innovation within the sector. Market Perspectives Reactions to electric air taxis remain mixed. Industry proponents emphasize the advantages of reduced travel times and environmentally sustainable transport, while critics and some local residents question the feasibility and broader impact of widespread air taxi adoption. As Osaka prepares to host major international events and accommodate increased tourism, the success of this initiative will hinge on effectively balancing technological innovation with regulatory compliance, community engagement, and stringent safety protocols. If realized successfully, Osaka’s electric air taxi network could establish a new benchmark for urban mobility, offering a forward-looking model for sustainable and efficient travel in Japan and beyond.

UK Civil Aviation Authority Issues Notice to Air India Over Fuel Switch on Flight AI-132 Air India has confirmed receipt of a formal notice from the UK Civil Aviation Authority (CAA) concerning the operation of the fuel control switch (FCS) on one of its Boeing 787-8 Dreamliner aircraft. The notice follows a pilot’s report of a potential defect in the fuel control switch during flight AI-132, which operated from London Heathrow to Bengaluru. As a precautionary measure, the airline grounded the affected aircraft pending further investigation. Precautionary Measures and Inspections In response to the CAA’s concerns, Air India undertook comprehensive re-inspections of the fuel control switches across its entire Boeing 787 fleet. The airline reported that these inspections revealed no faults or irregularities. In an official statement, Air India emphasized that the checks were conducted out of an abundance of caution following the pilot’s observation, underscoring the airline’s commitment to operational safety. Regulatory Advisory and Broader Safety Context The UK CAA’s notice specifically urged Air India to ensure strict compliance with established procedures for operating the fuel cut-off switches on the 787 aircraft. This advisory arrives amid intensified scrutiny of fuel switch operations, particularly in light of an ongoing investigation into a fatal Air India 787-8 crash in June 2025. That tragic incident, which claimed 260 lives, has heightened concerns regarding the safety and reliability of fuel control systems on this aircraft model. Aviation safety experts have called for heightened vigilance in response to these developments. The Safety Matters Foundation, a prominent aviation safety organization, has urged regulators and operators to apply the highest level of scrutiny to fuel control systems, stressing the critical importance of rigorous inspections and strict adherence to operational protocols. Air India has reaffirmed its dedication to safety and regulatory cooperation, assuring that it will maintain stringent oversight of its fleet. The airline reiterated that recent inspections found no defects and confirmed that all operational procedures are being rigorously followed to safeguard passengers and crew.

ATP Flight School to Expand Fleet with Over 30 New Aircraft in 2026 ATP Flight School, recognized as the largest producer of commercial multi-engine pilots in the United States, is poised to significantly expand its training fleet with the delivery of more than 30 new aircraft in 2026. This expansion will include additional Piper Seminoles, a longstanding component of ATP’s training program, alongside the introduction of 27 Cessna 172 Skyhawks scheduled for delivery throughout the year. Over the past two years, ATP has incorporated 144 factory-new Skyhawks into its fleet, with orders extending into 2027. These acquisitions ensure that students continue to train on one of the youngest and most advanced fleets available in the country. Currently, ATP operates a fleet of 658 aircraft, collectively logging approximately 600,000 flight hours annually. This extensive operation is supported by substantial ongoing investments in new aircraft and a comprehensive maintenance infrastructure, which includes 26 Tech Ops bases nationwide. ATP’s maintenance protocols exceed regulatory requirements, a proactive approach credited with minimizing downtime and enhancing operational safety. The school reports that its reliability and safety performance surpass the national average for general aviation flight instruction by a factor of ten. Michael Arnold, Vice President of Marketing at ATP Flight School, emphasized the importance of fleet growth in meeting industry demand. “With ATP training 25% of all regional airline new hire pilots, our investment in fleet growth is crucial in keeping pace with demand for ATP-trained pilots,” he stated. Arnold further highlighted ATP’s unique position as the nation’s most trusted provider of airline pilots, noting that only ATP possesses the aircraft and resource capacity to consistently deliver a proven, no-compromise airline career solution to over 2,500 students annually. Navigating a Competitive and Evolving Flight Training Landscape ATP’s expansion occurs amid a competitive and rapidly evolving environment for flight training providers. The school faces increasing competition from other institutions striving to attract aspiring pilots, many of whom carefully evaluate factors such as program reputation, safety standards, and fleet quality. As ATP grows, it must maintain its rigorous training and safety standards while adapting to evolving aviation industry regulations. These dynamics may invite heightened scrutiny from aviation authorities and influence enrollment patterns as prospective students compare available options. In response, competitors are enhancing their training programs, expanding their fleets, and targeting specific market segments to differentiate themselves from ATP. This intensifying competition underscores the critical importance of ATP’s continued investments in fleet modernization and operational excellence. With four decades of experience in professional flight training, ATP Flight School remains a leading institution in preparing pilots for careers in both airline and corporate aviation. As the market continues to evolve, the school’s ability to adapt while upholding its high standards will be essential to sustaining its leadership position within the industry. For further details on ATP’s investment in new aircraft and upcoming deliveries, visit ATPFlightSchool.com/new-planes.

Global AI Partners with European Airline to Automate Revenue and Financial Reconciliation **New York, Feb. 4, 2026** – Global AI Inc. (OTC: GLAI), a prominent provider of enterprise artificial intelligence solutions, has secured a contract with a leading European commercial airline to automate and streamline its revenue mapping and financial reconciliation processes. This collaboration represents a significant advancement in applying AI technology to manage the complex and high-volume financial workflows that are vital to the airline industry’s operations. Transforming Financial Workflows with AI Through this partnership, Global AI will implement its Agentic AI Platform to fully automate the airline’s revenue mapping lifecycle. The platform replaces fragmented, manual reconciliation procedures with an intelligent, governed orchestration layer designed to function at enterprise scale. This solution aims to enhance the accuracy and timeliness of revenue recognition, mitigate operational risks, and improve financial transparency. The automation is expected to support the airline’s strategic growth initiatives, including route expansion and increased ticket sales. Darko Horvat, Chairman and CEO of Global AI, emphasized the critical nature of efficiency and scalability in the airline sector, which operates with massive transaction volumes and narrow profit margins. He noted that the engagement exemplifies how Global AI transforms complex financial operations into measurable returns on investment. Horvat further highlighted that the deployment model developed through this partnership is highly replicable across airlines, travel platforms, and other transaction-driven digital commerce enterprises. Challenges and Market Context Despite the promising outlook, the partnership underscores ongoing challenges in adopting AI within the financial operations of heavily regulated industries. Research from Protiviti points to regulatory compliance and data governance as significant obstacles, particularly in Europe where stringent data privacy standards prevail. Ensuring that AI platforms comply with these regulations is crucial for the success and scalability of such automation initiatives. The broader market environment also influences industry responses to AI integration. Recent volatility in European software and data analytics stocks, triggered by the launch of Anthropic’s new legal AI model, highlights the disruptive potential of AI on traditional business frameworks. This disruption has compelled competitors to accelerate investments in AI technologies to maintain competitiveness, while simultaneously raising questions about the valuation of AI companies. Coverage by CNBC on firms such as SpaceX, OpenAI, and Anthropic illustrates how rapid AI innovation is generating both opportunities and uncertainties across public and private markets. Global AI positions itself as a provider of secure, high-performance AI solutions with embedded governance and compliance features. The company’s Agentic AI platform is engineered to enable organizations to design, deploy, and scale AI workflows while adhering to regulatory requirements, thereby facilitating accelerated digital transformation and delivering measurable shareholder value. --- **Forward-Looking Statements** This announcement contains forward-looking statements concerning the anticipated performance, benefits, and potential expansion of Global AI’s platform, as well as the company’s future operations and business prospects. These statements involve risks and uncertainties, including regulatory changes and market dynamics, many of which are beyond the company’s control. For further information, visit www.global.ai.

Rolls-Royce Secures Long-Term Engine Service Agreement with Taiwan’s China Airlines Rolls-Royce has formalized a significant long-term maintenance contract with China Airlines, Taiwan’s national carrier, reinforcing its dominant position in the long-haul aircraft engine sector. Announced on Wednesday, the agreement is anchored in Rolls-Royce’s TotalCare service model and encompasses 36 Trent XWB engines that power 18 Airbus A350 aircraft within the airline’s fleet. Strategic Growth and Revenue Stability The contract stipulates that Rolls-Royce will provide maintenance for 30 Trent XWB-97 engines installed on 15 A350-1000 aircraft, as well as six Trent XWB-84 engines for three A350-900s. Notably, the Trent XWB-97 is the exclusive engine for the A350-1000, ensuring a consistent and high-margin revenue stream for Rolls-Royce throughout the operational lifespan of these aircraft. TotalCare, a pivotal element of Rolls-Royce’s business strategy, operates on a fixed fee per engine flight hour basis, with the manufacturer assuming full responsibility for maintenance and spare parts. This approach guarantees predictable cash flow and underpins the company’s ongoing transformation initiatives. This agreement with China Airlines adds to a series of recent successes for Rolls-Royce in the Asia-Pacific region, which is anticipated to be the fastest-growing aviation market over the coming decade. Earlier this year, Malaysia Airlines placed an order for 20 Airbus A330neo aircraft, securing 40 Trent 7000 engines from Rolls-Royce. These developments underscore the company’s expanding presence in a region where demand for maintenance, repair, and overhaul (MRO) services is rapidly increasing. Challenges Amid Competitive Pressures Despite these achievements, Rolls-Royce faces challenges in maintaining competitive pricing for its service agreements. Some airlines have criticized engine manufacturers for capitalizing on ongoing supply chain disruptions, placing pressure on Rolls-Royce to balance profitability with customer satisfaction. The company’s strong financial performance has propelled its shares to record levels, buoyed by robust results in its power systems and defense divisions, yet this success also raises expectations for sustained delivery. Competitors are expected to respond with strategic initiatives aimed at securing similar service contracts in the Asia-Pacific market, intensifying competition within the lucrative MRO sector. Operational Enhancements and Market Outlook Rolls-Royce is actively working to restore confidence among operators of its Trent 1000 engines, which power the Boeing 787 Dreamliner. The introduction of new high-pressure turbine blades is designed to double engine service life and address previous durability concerns. Investor attention is now focused on the company’s full-year 2025 financial results, scheduled for release in late February. Management has projected an underlying operating profit between £3.1 billion and £3.2 billion, with free cash flow expected to reach £3.0 billion to £3.1 billion. These forecasts reflect progress under CEO Tufan Erginbilgic, who has emphasized operational efficiency and margin enhancement. As Rolls-Royce continues to expand its service footprint across Asia-Pacific, the industry will closely monitor whether the company can sustain its positive momentum amid intensifying competition and evolving customer expectations.

Joramco Marks Milestone with First EASA Type Rating Graduates Amid Regional MRO Challenges Amman-based aircraft maintenance, repair, and overhaul (MRO) provider Joramco, the engineering division of Dubai Aerospace Enterprise (DAE), has celebrated the graduation of its inaugural cohort to receive the European Union Aviation Safety Agency (EASA) Type Rating certification for the Airbus A320. This achievement was formally recognised during a ceremony held at the Aviation Week MRO Middle East 2026 event in Dubai. The milestone arrives at a critical juncture for the Middle East’s MRO sector, which is grappling with a widening skills gap alongside rapidly increasing market demand. The graduates successfully completed Joramco’s Structured On-the-Job Training (SOJT) programme, a curriculum developed in collaboration with FSTC Europe and regulated by the Hellenic Civil Aviation Authority (HCAA). This initiative aims to mitigate the acute shortage of qualified aircraft mechanics in the region—a challenge that industry experts warn could impede the sector’s capacity to support growing global air traffic and provide essential aftermarket services, particularly for ageing fleets. Addressing Workforce Shortages Through Comprehensive Training Adam Voss, Joramco’s chief executive, emphasised the significance of this achievement, stating, “These first EASA Type Rating graduates reflect Joramco’s commitment to building a highly skilled, future-ready workforce. By combining structured on-the-job training with international certification, we are equipping professionals to meet the evolving demands of global aviation and positioning Joramco as a hub for technical excellence.” Joramco’s SOJT programme extends beyond the Airbus A320, encompassing training for Boeing B737 and B777 aircraft as well. This diversified approach is considered essential given projections that widebody aircraft maintenance will dominate the Middle East’s MRO market over the coming decade, driven by unprecedented growth in engine MRO services. As the industry confronts a critical shortage of skilled personnel, initiatives such as Joramco’s SOJT programme are increasingly vital to sustaining the region’s aviation momentum. The graduation of the first EASA Type Rating class not only highlights Joramco’s proactive role in addressing workforce challenges but also reinforces its commitment to supporting the long-term expansion of the Middle East’s aviation maintenance capabilities.

IFS and Albatechnics Partner to Enhance Digital MRO Services in the Middle East Enterprise cloud software provider IFS has formed a strategic partnership with Albatechnics, an Italy-based aviation maintenance and engineering firm, to advance digital maintenance, repair, and overhaul (MRO) services across the Middle East. Announced at the Aviation Week MRO Middle East 2026 event in Dubai, the collaboration aims to improve maintenance execution, increase supply-chain visibility, and accelerate turnaround times by leveraging advanced digital tools and integrated workflows. Driving Digital Transformation in Aviation Maintenance As Albatechnics expands its operational footprint to serve both European and international clients, the company is investing heavily in modern, data-driven MRO capabilities. Mark Buongiorno, president of aerospace and defence at IFS, highlighted the growing trend within the global MRO sector toward adopting digital solutions that enhance efficiency, resilience, and real-time decision-making. He noted that the partnership with Albatechnics underscores a shared commitment to modernizing maintenance operations and delivering measurable value to customers. Alessandro Fagotto, chief executive of Albatechnics, described the alliance as a pivotal milestone in the company’s digital evolution. By integrating advanced and intelligent maintenance technologies, Albatechnics aims to elevate reliability, improve service performance, and streamline operations, ultimately providing a superior experience for its customers. Addressing Industry Challenges Through Innovation The partnership emerges amid significant challenges facing the aviation industry, including supply-chain constraints, aging fleets, and increasing demand for MRO services. By deploying next-generation digital solutions, IFS and Albatechnics seek to equip maintenance teams with enhanced tools for faster planning, coordinated material readiness, and improved predictability in maintenance activities. Nonetheless, integrating sophisticated digital technologies into traditional MRO operations in the Middle East presents considerable challenges. Both companies must navigate the complexities of merging new systems with existing legacy infrastructure, ensure compliance with regional regulatory frameworks, and manage workforce transitions effectively. The move toward digitalization may also encounter skepticism from established MRO providers resistant to change. In response, competitors are likely to accelerate their own digital transformation efforts or pursue acquisitions of complementary technologies to maintain competitive advantage. The success of the IFS-Albatechnics partnership will ultimately depend on its ability to deliver tangible operational improvements tailored to the specific needs of the Middle Eastern aviation sector. Positioned as a significant step toward modernizing MRO services, the collaboration aims to set new standards for efficiency and reliability in the region’s aviation maintenance landscape.

Willis Lease Finance Secures ConstantThrust® Engine Agreement with Nauru Airlines Willis Lease Finance Corporation (NASDAQ: WLFC), a prominent global lessor of commercial aircraft engines, has finalized a purchase and leaseback agreement with Nauru Airlines involving seven CFM56-7B engines. This strategic deal will provide Nauru Airlines with ConstantThrust® support for its entire fleet of Boeing 737-700 and 737-800 aircraft over a period exceeding six years. Enhancing Operational Efficiency through ConstantThrust® The ConstantThrust® program facilitates the exchange of engines for fully serviceable replacements as they reach major maintenance milestones, thereby minimizing operational disruptions. This initiative capitalizes on Willis Lease Finance’s extensive expertise in spare parts provisioning, technical management, and maintenance, repair, and overhaul (MRO) services. The program is designed to ensure consistent engine performance and reliability for airline clients across the globe. Austin C. Willis, CEO of Willis Lease Finance, emphasized the significance of the partnership, stating, “This partnership with Nauru Airlines underscores the global reach and adaptability of the ConstantThrust® program. Nauru Airlines operates in a uniquely demanding and remote environment as an island nation in the Pacific. We are excited to support their continued growth and leadership in regional aviation with our investment.” Echoing this sentiment, Hon. Minister Asterio Appi, Minister for Nauru Air Corporation, remarked, “Working with a global lessor like WLFC will bring us the operational leverage we need. We are thrilled to be leveraging the Willis ecosystem.” The agreement also includes provisions for extension to accommodate future aircraft deliveries, aligning with Nauru Airlines’ ongoing expansion and its critical role in maintaining air connectivity throughout the Central and South Pacific regions. Market Context and Industry Implications This agreement arrives amid intensifying competition within the aircraft engine leasing sector. Key industry players such as Bridgepoint Group and Residco remain active investors, contributing to a dynamic and competitive market environment. Analysts observe that these competitors may pursue more aggressive strategies to secure high-value deals and partnerships, thereby increasing pressure on Willis Lease Finance to sustain its market leadership and profitability. Willis Lease Finance’s core operations encompass leasing large and regional spare commercial aircraft engines and aircraft to airlines, engine manufacturers, and MRO providers worldwide. The company offers integrated services including engine and aircraft trading, lease pools, asset management, and end-of-life solutions through Willis Aeronautical Services, Inc. Additional capabilities extend to engine maintenance, aircraft disassembly, parking and storage, and ground handling services via subsidiaries such as Willis Engine Repair Center® and Jet Centre by Willis. As the aviation industry continues its recovery and transformation, the performance of the ConstantThrust® program with Nauru Airlines will serve as a key indicator of Willis Lease Finance’s capacity to navigate a competitive and rapidly evolving market landscape.