Willis Lease Finance Authorizes $100M 5-Year Share Repurchase Program

Willis Lease Finance Corporation

announced today that its Board of Directors has authorized a plan to repurchase up to $100 million of its common stock over the next five years. Willis Lease had 9.4 million shares of common stock outstanding as of June 30, 2012. This plan extends the previous plan authorized on December 8, 2009, and increases the number of shares authorized for repurchase to up to $100 million.