Willis Lease guarantees spare engine availability for European airline

KUALA LUMPUR, Willis Lease Finance Corporation is set to provide ConstantAccess� Platinum to a major European airline operator involving 40 engines.

The agreement offers guaranteed availability of spare engines for both planned and unplanned removals.

Willis Lease corporate development senior vice-president, Austin C. Willis said: We are finding a greater number of airlines, both legacy operators as well as low cost carriers, opting to contract with us to provide them with spare engine coverage on a ‘just in time basis’, rather than maintaining a portfolio of underutilised assets.

The company leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft for airlines, aircraft engine manufacturers, and maintenance, repair and overhaul providers in a total of 120 countries.

Source: BERNAMA (News Agency)