COCONUT CREEK, Fla., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”) is excited to announce that it is joining the 2022 Green Berets at Golden Bear charity golf tournament as its Title Sponsor. The tournament has already raised over $125,000 in sponsorships and donations, with net proceeds exclusively benefitting the Green Beret Foundation (“GBF”).
“As the title sponsor, we hope to motivate others to support the GBF,” said Austin C. Willis, Chief Executive Officer of WLFC, who served as a Green Beret in the U.S. Army’s 20th Special Forces Group. “This event is a great way to spend time with U.S. Army Special Forces veterans in a casual setting and gain a better understanding of the ways that the GBF supports them in times of need,” remarked Willis.
“We’re ecstatic to partner with WLFC for this year’s event, which helps support our mission of providing Special Forces Soldiers and their families with emergency, immediate and ongoing support through our five program pillars: Casualty Support, Heath & Wellness Support, Family Support, Gold Star & Surviving Families Support, and Transition Support,” said Brent Cooper, Executive Director of the GBF.
For additional tournament details, visit www.orlandocharitygolf.com.
Willis Lease Finance Corporation
Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services supported by cutting edge technology through its subsidiary, Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through its subsidiary, Willis Aeronautical Services, Inc. With business units Willis Engine Repair Center US/UK and Jet Centre by Willis, as well as subsidiary Willis Aviation Services Limited, the Company’s service offerings also include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground handling services.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing reports filed with the Securities and Exchange Commission.
| CONTACT: | Lynn Kohler |
| Manager, Corporate Communications | |
| (415) 328-4798 |