Willis Lease Finance Corp. posted stronger second-quarter profit as gains on sales of leased equipment rose and its asset-management platform expanded, with assets under management reaching $4.4 billion at the end of June. The Coconut Creek, Florida-based lessor reported operating income of $34.0 million for the quarter ended 30 June 2026, supported by a larger portfolio recycling programme and continued growth at Willis Aviation Capital.
Lease rent revenue increased 6.7% to $77.1 million, while maintenance services revenue also improved. The company booked $32.0 million in gains on sales of leased equipment during the period, reflecting active disposals of engines and other equipment. Willis Lease also disclosed a lease asset book value of $3.72 billion, underscoring the scale of its core leasing portfolio alongside the faster-growing managed-capital business.
First-half strategy centred on building Willis Aviation Capital through new investment partnerships and seed asset sales, as the group continued to monetise assets and expand its managed platform. Chief executive Austin C. Willis and chief financial officer Scott B. Flaherty were identified in the filing accompanying the results.