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June 9, 2014
09:04 EDTWLFCWillis Lease, CASC announce engine leasing joint venture
Willis Lease Finance and China Aviation Supplies Import & Export Corporation announced the launch of CASC Willis Engine Lease, a new 50/50 joint venture. The new company will be dedicated to supplying Chinese airlines with the best engine support solutions and creating an engine resource sharing platform. CASC Willis will be based in Shanghai and will concentrate on meeting the demand for leased commercial aircraft engines and aviation assets in the People's Republic of China. The formation of the joint venture company is subject to board approvals and certain Chinese government approvals, which are in process and expected in the near term.
News For WLFC From The Last 14 Days
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November 17, 2015
08:00 EDTWLFCWillis Lease begins modified Dutch auction tender offer for up to $8M of shares
Willis Lease announced that it has commenced a modified "Dutch auction" tender offer repurchase for cash up to 516,129 of shares of its common stock at a price not less than $15.50 per share nor greater than $18.00 per share, for an aggregate purchase price not to exceed $8M. The Tender Offer is subject to the conditions set forth in the offer to purchase, dated November 17, and in the related Letter of Transmittal. The Tender Offer, as approved by the company's board, will expire at 5:00 p.m., New York City time, on December 16.

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