Willis Renews and Broadens Contract with AFI KLM E&M

Paris, Amstelveen, 24 January 2014 - Willis Lease Finance has signed a new engine and APU support contract with AFI KLM E&M. The aircraft engine lease & finance company has added support for GE90 engine series, CFM56-5 series and the maintenance of all types of APU to the previous agreement covering its fleet of CF6-80 and CFM56-7 turbofan engines. The contract as of January 1, 2014 will be for multiple years. APU work will be carried out by EPCOR, AFI KLM E&M's specialized subsidiary. The scope of the contract continues to cover overhaul and repair services, on-wing support, and pre-return checks at the end of a lease, all on a "Time and Material" basis.

Mutual clients
Mr Charles Willis at Willis Lease Finance said: "We have decided to put our trust in AFI KLM E&M once more as much to extend our long-standing relationship as to continue benefitting from its proven flexibility and know-how and comprehensive range of solutions tailored to our needs". Fabrice Defrance, Senior Vice President Commercial AFI KLM E&M, said he was delighted with the agreement, "which strengthens our partnership with Willis and now includes EPCOR - a key player in the AFI KLM E&M global MRO network".

About Willis Lease Finance
Willis Lease Finance Corporation (NASDAQ-WLFC) leases large and regional spare commercial aircraft engines and aircraft to airlines, aircraft engine manufacturers, air cargo carriers and maintenance, repair and overhaul facilities in 110 countries. These leasing activities are integrated with the purchase and resale of used and refurbished commercial aircraft engines and aircraft through its subsidiary Willis Aeronautical Services (WASI). WLFC also provides cutting edge technology, lease pool engine and APU solutions throughout the world. www.wlfc.com

About AFI KLM E&M
Air France Industries and KLM Engineering & Maintenance, which joined forces following the AIR FRANCE KLM merger, are major multi-product MRO (Maintenance, Repair, Overhaul) providers. With a joint workforce of over 14,000, AFI KLM E&M offers comprehensive technical support for airlines, ranging from engineering and line maintenance to engine overhaul, aero structure and FTR support, as well as the management, repair and supply of aircraft components, structured around a powerful logistics network. AFI KLM E&M supports almost 1,300 aircraft operated by 150 major international and domestic airlines.

About EPCOR
EPCOR is a fully-owned subsidiary of KLM Engineering & Maintenance, part of the AIR FRANCE KLM group, holding EASA, CAAC, CAAV and FAR 145 certification. Within the group EPCOR provides MRO support for the APUs and pneumatic systems of a wide range of commercial aircraft. EPCOR maintains APUs on B737NG, B777, A320 (GTCP131-9A & APS3200), A330, A340 and the APS2300 for the Embraer 170/190 aircraft. The latest addition for EPCOR is the APS5000 capability for the Boeing 787 aircraft.  EPCOR is also an OEM warranty approved Honeywell and Pratt & Whitney AeroPower (former HSPS) Auxiliary Power Unit (APU) repair centre. Besides the APU capability EPCOR also maintains and overhauls air cycle machines, environmental control systems, starters, leading-edge flap drive units and many other pneumatic and nitrogen components installed on large commercial aircraft.                                     

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