March 11, 2025 - 13:48
Willis Lease Finance has announced its financial results for the full year 2024, showcasing impressive growth and exceeding market expectations. The company reported a revenue of $557.5 million, marking a significant increase of 36% compared to the previous fiscal year. This surge in revenue highlights the company's robust operational performance and strategic initiatives aimed at expanding its market presence.
In addition to the revenue growth, Willis Lease Finance demonstrated strong profitability metrics. The net income for the year reached $45 million, reflecting a notable rise from the prior year. The company's earnings per share also saw a positive trajectory, further solidifying its financial health.
Management attributed this success to a combination of factors, including increased demand for leased aircraft and engines, as well as effective cost management strategies. Looking ahead, Willis Lease Finance remains optimistic about its growth prospects and is committed to enhancing shareholder value through continued investment in its fleet and services.
