Willis Lease Secures $50M in March JOLCO Deals, Lifts Total to $150M
Willis Lease Finance closed two JOLCO transactions in March totaling $50M financing for LEAP-1A and LEAP-1B engines, raising its total Japanese Operating Lease with Call Option financing to nearly $150M. These deals mature in 2031 and diversify WLFC’s capital sources for engine leasing operations.
1. Details of JOLCO Transactions
Willis Lease Finance closed two Japanese Operating Lease with Call Option (JOLCO) transactions in March 2026, securing approximately $50 million in financing. Both deals support LEAP-1A and LEAP-1B engines and carry maturities in 2031 under the JOLCO structure.
2. Capital Diversification Strategy
These March financings bring the company’s total JOLCO commitments to nearly $150 million, enhancing long-term term funding options. The expanded JOLCO portfolio strengthens WLFC’s ability to offer competitive lease alternatives to airline customers and diversify its capital sources.