StockWatch
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Industrial Specialties
PartnershipJul 29, 2026, 06:32 AM

Willis Lease Finance Secures 5-Year Storage Deal with Pratt & Whitney

AI Summary

Willis Lease Finance Corporation announced a new long-term, five-year storage agreement with Pratt & Whitney, an RTX business. Under the agreement, WLFC will provide storage and lease return services for several Pratt & Whitney and IAE engine types, including PW1100G-JM, PW1500G, PW1900G, PW4000, and IAE AG V2500. This collaboration, leveraging WLFC's facilities in Florida and Wales, strengthens a decades-long relationship and supports WLFC's strategy to expand its integrated aviation services.

Key Highlights

  • Willis Lease Finance signed a 5-year storage agreement with Pratt & Whitney.
  • The agreement covers storage and lease return services for various engine types.
  • Engines include PW1100G-JM, PW1500G, PW1900G, PW4000, and IAE AG V2500.
  • Services will be provided from facilities in Coconut Creek, Florida and Bridgend, Wales.
  • The deal builds on a decades-long relationship between the companies.
  • It expands WLFC's integrated aviation services and storage capacity.