Willis Lease Finance Corporation has amended and expanded its revolving credit facility, increasing total commitments from $1.0bn to $1.75bn and extending the maturity to April 2031.
The company announced on March 30, 2026 that the upsized facility was oversubscribed, with approximately $1.0bn in excess lender commitments, signalling strong backing from its banking group.
The amended agreement provides Willis Lease with additional liquidity, a longer tenor and greater flexibility as it looks to support growth across its leasing and aviation services businesses.
Scott B. Flaherty, executive vice president and chief financial officer, said the transaction reflected “the strength and confidence the markets have in our platform”. Adding: “The increased capacity, term and flexibility provided by our amended facility will support the continued growth and diversification of our platform as we strive to meet the evolving needs of our customers,” he explained.
Willis Lease specialises in leasing spare commercial aircraft engines, as well as providing related services to airlines, engine manufacturers and maintenance, repair and overhaul providers worldwide.
The expansion of the credit facility comes as demand for engine leasing and support services remains elevated, driven by ongoing supply chain constraints and delays in new aircraft and engine deliveries, which are extending the operational life of existing fleets.
By securing additional financing capacity through to 2031, the company is positioning itself to capitalise on sustained demand in the aviation aftermarket and leasing sectors.