Willis Lease Finance Corporation and Blackstone Credit & Insurance announced a strategic partnership for aircraft engine leasing.
The partnership aims to deploy over $1 billion in current and next-generation aircraft engines and select aircraft.
This collaboration brings together WLFC as a leading lessor of commercial aircraft engines with Blackstone's scaled private credit business.
Strategic Partnership
WLFC and BXCI plan to focus on the engine asset class and accelerate the growth of WLFC's asset management business.
Immediate Scale and Diversification
The partnership includes a seed portfolio and near-term pipeline of high-quality engine assets for immediate scale and global diversification.
Capital Diversification
The partnership with Blackstone provides further capital diversification to the Willis platform, opening up new growth opportunities.
- The collaboration signifies a major step towards accelerating the growth and reach of WLFC's aircraft engine leasing business.
- BXCI's long-term capital commitment and expertise in asset-based credit complement WLFC's position in the market, promising attractive returns through disciplined asset selection.
The partnership between Willis Lease Finance Corporation and Blackstone Credit & Insurance marks a significant move in the aircraft engine leasing sector, combining expertise and capital for mutual growth and success.