US lessor Willis Lease Finance Corporation (WLFC) has posted strong second quarter 2024 results. As a result, it has declared its first, regular quarterly dividend of 25 cents per share. The company’s total revenues were up 38.6% to $151.1 million. The company said the core drivers to the increase in revenues were its lease rent and maintenance reserve revenues, which totalled a record of $118.8 million. Lease rent revenue was 2.7% to an approximate $55.9 million. Maintenance reserve revenue was $62.9 million, up from $35.4 million in the same period a year prior. Its gain on sale of lease equipment
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