COCONUT CREEK, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) — Willis Leasing Financial Corporation (NASDAQ: WLFC ) (“WLFC”), a leading commercial aircraft engine lessor and provider of global aviation services operations, is pleased to announce the appointment of Dr. Amy Ruddock Announce as Senior Vice President, Sustainable Aviation and Corporate Development. Amy will be responsible for delivering and growing WLFC’s sustainable aviation business while overseeing the company’s development.
Austin C. Willis, Chief Executive Officer of WLFC, commented on the appointment: “We are excited to welcome Amy to our leadership team. As we continue to expand our service businesses, we look forward to welcoming Amy for her deep expertise in transportation and Sustainable aviation and his proven track record in project development and technology implementation have hired Amy to lead the Willis Sustainable Aviation Fuels UK project in Tee Valley, UK, which is currently in the advanced planning stage and funded by the Advanced Fuels Fund. The UK will have a significant role to play, and will contribute to wider global strategic initiatives.
Amy most recently served as Vice President of EMEA at Carbon Engineering, a leader in direct air absorption technology. Previously, as vice president of corporate development and sustainability at Virgin Atlantic, he was significantly involved in shaping the airline’s carbon strategy and raising its £1.2 billion ($1.55 billion) capital during the Covid-19 pandemic. had Prior to Virgin Atlantic, Amy spent a decade at The Boston Consulting Group, where she led aviation-focused projects across EMEA and North America in strategy, transformation, operations and business development. Amy holds a Ph.D. in physical chemistry and natural sciences from the University of Cambridge.
“I am delighted to be joining WLFC at such an exciting time for the aviation industry. With the company’s innovative spirit and ambition to play a leading role in the decarbonisation of the industry, I look forward to contributing to WLFC’s continued success and advancing our shared vision for the future of aviation.” .
For more information about Willis Lease Financial and the company’s comprehensive aviation services, visit www.wlfc.global.
Willis Lease Financial Corporation
Willis Leasing Financial Corporation (“WLFC”) leases large and regional commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers worldwide. These leasing activities include engine and aircraft businesses, engine leasing pools and asset management services through Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials through Willis Aeronautical Services, Inc. They are integrated through the Willis Engine. Repair center®Jet Center by Willis and Willis Aviation Services Limited, services provided by this company include Part 145 engine maintenance, aircraft line and base maintenance, aircraft parts disassembly, parking and storage, airport FBO and ground transportation services and It is cargo.
Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not place undue reliance on forward-looking statements, which represent only future expectations and are not guarantees. Forward-looking statements speak only as of the date they are made and we undertake no obligation to update them. Our actual results may differ materially from those discussed in the forward-looking statements. Factors that may cause such a difference include, but are not limited to: the effects of events such as war, terrorist activities and the COVID-19 pandemic on the airline industry and the global economy. Oil price changes, inflation and other disruptions in global markets; trends in the airline industry and our ability to capitalize on those trends, including market growth rates and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate purchases, sales and leases of equipment, collect outstanding amounts and control costs and expenses; changes in interest rates and the availability of capital, both for us and our customers; our ability to continue to meet changing customer demands; Regulatory changes to airline operations, aircraft maintenance, accounting and tax standards. the market value of the engines and other assets in our portfolio; And the risks are detailed in particle for direct object The company’s annual report on Form 10-K and other ongoing reports filed with the Securities and Exchange Commission.
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Lynn Milliard Koehler |
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