Willis Lease buys nine Pratt & Whitney GTF engines for ~$200M; deliveries by year-end 2024

WILLIS LEASE FINANCE CORP

Purchase of nine PW1133G-JM engines from Pratt & Whitney valued at approx. $200 million at 2024 list prices.
All purchases expected to close by December 31, 2024.
GTF engines offer up to 20% better fuel efficiency vs prior gen and are certified for 50% SAF.
Willis CEO cites alignment with growth strategy and long-term fleet modernization.
Pratt & Whitney is a subsidiary of RTX (NYSE: RTX).

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