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Willis Lease Opens New Module Shop to Reduce Engine Maintenance Costs

Willis Lease Finance Corporation Launches Willis Module Shop™
Willis Lease Finance Corporation (NASDAQ: WLFC), a leading lessor of commercial aircraft engines and a global provider of aviation services, has announced the successful completion of its first core engine restoration at its U.S.-based Willis Engine Repair Center®. This new in-house engine module restoration capability, branded as Willis Module Shop™, represents a significant advancement in the company’s technical and operational offerings.
The inaugural restoration involved a CFM56-7B core engine module, marking a key milestone in WLFC’s strategy to enhance its vertical integration and expand internal capabilities. Post-maintenance testing revealed a strong exhaust gas temperature (EGT) margin recovery, underscoring the precision and effectiveness of the restoration process. This achievement supports WLFC’s broader fleet transition strategy as the aviation industry moves from legacy to next-generation aircraft and engine platforms.
Strategic Implications and Industry Impact
The introduction of Willis Module Shop™ complements WLFC’s existing programs such as ConstantThrust® and ConstantAccess®, which assist customers worldwide in managing fleet and engine asset transitions. Together, these initiatives aim to provide reliable engine availability, predictable performance, disciplined core engine value restoration, improved asset utilization, cost efficiency, and enhanced long-term portfolio returns.
Austin C. Willis, Chief Executive Officer of WLFC, emphasized the strategic benefits of bringing core module restoration in-house. He noted that while the company has long engaged in module swaps and exchanges, internalizing this restoration process will reduce maintenance expenses for both WLFC and its customers. Additionally, it will improve control over turnaround times and strengthen the company’s competitive position in the market.
WLFC continues to broaden its aviation services platform, offering comprehensive support across the engine lifecycle. Its services encompass leasing and trading, engine and aircraft maintenance, repair and overhaul (MRO), disassembly, spare parts supply, consulting, and asset management. Through its subsidiaries and service centers, including Willis Engine Repair Center®, Willis Aviation Services Limited, and Jet Centre by Willis, the company provides Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, as well as airport fixed-base operator (FBO) and ground and cargo handling services.
About Willis Lease Finance Corporation
Willis Lease Finance Corporation specializes in leasing large and regional spare commercial aircraft engines and aircraft to airlines, engine manufacturers, and MRO providers worldwide. Its leasing activities are integrated with engine and aircraft trading, lease pools, and asset management services. The company also offers end-of-life solutions for engines and aviation materials through Willis Aeronautical Services, Inc.
Forward-Looking Statements
This announcement contains forward-looking statements that involve risks and uncertainties. These statements reflect expectations about future events and are not guarantees of performance. Actual outcomes may differ materially due to various factors beyond the company’s control. Readers are cautioned not to place undue reliance on these forward-looking statements.

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