Willis Lease Finance Corporation and Mitsui & Co. Strengthen Partnership with Joint Venture Expansion

Reuters
07/01
Willis Lease Finance Corporation and Mitsui & Co. Strengthen Partnership with Joint Venture Expansion

Willis Lease Finance Corporation $(WLFC)$, a leading lessor of commercial aircraft engines, has completed the sale of its consultancy and advisory arm, Bridgend Asset Management Limited (BAML), to its long-standing joint venture with Mitsui & Co., Ltd., Willis Mitsui & Co. Engine Support Limited (WMES). With this transaction, BAML has been renamed Willis Mitsui & Co. Asset Management Limited (WAML), reflecting its new position within the joint venture structure. This move enhances the capabilities of WMES by integrating technical consultancy and records management services, thereby expanding its reach and efficiency in aviation asset management. WLFC retains a 50% ownership in WMES, and both companies aim to leverage this partnership to better serve the global aviation market and drive significant growth in their joint operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willis Lease Finance Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9487172-en) on June 30, 2025, and is solely responsible for the information contained therein.

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