Published on 20 May 2024 on Zacks via Yahoo Finance
Zacks Investment Research has recently initiated coverage of Willis Lease Finance Corporation WLFC with an “Outperform” recommendation, reflecting optimism about the company's strategic positioning and robust financial performance. This comprehensive report delves into the key factors that make WLFC an attractive investment in the evolving aviation industry.
Florida-based Willis Lease Finance is set to benefit significantly from the growing demand for spare engine leasing. As airlines prioritize liquidity, the trend toward leasing over buying engines is expected to intensify, with leased engines projected to rise from 35% to 50% of the global fleet. This shift is driven by the increasing frequency of engine shop visits, signaling strong demand for the company’s leasing services.