Aviation Giants Join Forces to Boost Engine Leasing

A new team-up in the aviation world is set to shake things up.

Willis Lease Finance Corporation (WLFC) and Blackstone Credit & Insurance (BXCI) have teamed up to invest over $1 billion in aircraft engines and some planes over the next two years. This isn't just any partnership; it combines WLFC's expertise in engine leasing with BXCI's massive financial muscle.

Combining Expertise and Financial Muscle

WLFC is known for its deep knowledge of aircraft engines and strong relationships with airlines. They've already lined up a solid list of engine assets to kickstart this partnership. This move isn't just about throwing money around; it's about smart investments and active management to get the best returns.

A Win-Win Partnership

Both companies are pretty excited about this deal.

• WLFC's CEO Austin C. Willis sees BXCI's long-term commitment as a big boost for their asset management business.
• BXCI's Senior Managing Director Aneek Mamik praises WLFC's technical know-how and customer connections.

Beyond Engines

BXCI's Infrastructure and Asset Based Credit group manages a whopping $100 billion and has over 80 investment pros on board. They're into all sorts of credit investments, from infrastructure to real estate loans.

Risks and Challenges

But let's not forget the risks. The aviation industry is full of uncertainties, from global events like wars and natural disasters to changes in oil prices and interest rates. WLFC acknowledges these challenges in their forward-looking statements, urging caution when relying on future projections.