Industry & Services >> CEO Interviews >> May 1, 1998

Charles F. Willis Iv – Willis Lease Finance Corp (wlfc)

CHARLES F. WILLIS IV, founder of Willis Lease Finance Corporation (the 'Company', formerly known as Charles F. Willis Company, established in 1974 and incorporated in 1985) and its subsidiaries, has served as President, Chief Executive Officer, and a Director since its inception. Mr. Willis began his career in the aviation industry with his father, who was President of Alaska Airlines for nearly two decades. Mr. Willis has 30 years experience in the aviation industry. During the initial years, Mr. Willis provided services to airlines and freight carriers which included fleet planning, re-marketing of surplus aircraft, assistance with acquisitions through lease or purchase, aircraft inspections and appraisals, cost estimates of aircraft reconditioning, modification certification, and expert testimony. Additionally, Mr. Willis represented clients before regulatory commissions and financial institutions. Prior to starting the Company, he was Assistant Vice President of Sales at Seaboard World Airlines, a freight carrier, and from 1965 through 1972, held various positions within the departments of Flight Operations, Sales and Marketing at Alaska Airlines. Over the past 25 years, Mr. Willis has transacted business in over 60 countries worldwide. These countries have included industrialized nations as well as Third World developing nations and members of the Eastern Bloc. He has acquired all currently marketed commercial jet aircraft and aircraft engines and has either sold the equipment for a profit or placed it on lease. Under Mr. Willis' leadership, the Company has grown to over $100 million in assets, attaining a large percentage of the operating lease market for Stage III engines. Profile
TWST: Give us a brief sketch, a bit of an historical background on

Willis Lease Finance Corporation, and then bring us up to date. What

over the next two to three years do you see as the key