Willis Lease Finance Corporation (WLFC) Reports Q1 Earnings

May 12, 2008 7:42 AM EDT

Willis Lease Finance Corporation (Nasdaq: WLFC) reports Q1 EPS of $0.49, up 19% from $0.42 per diluted share, in the first quarter of 2007.

Total first quarter revenue grew 19% to $32.2 million from $27.1 million in the first quarter of 2007. Total assets increased 20% to $900.6 million at March 31, 2008, compared to $747.9 million a year ago.

Willis Lease Finance Corporation (Willis) is a lessor of commercial aircraft engines. The Company provides this service to commercial aircraft operators and maintenance, repair and overhaul organizations (MROs). [SM]


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