Willis Lease Finance of California announced the signing of an engine sharing agreement with American Airlines, Southwest Airlines and WestJet covering CFM56-7Bs used to power 737NGs. The pool initially will service more than 450 aircraft. "I believe engine sharing pools will ultimately change the way all engines are leased...Engines can literally be rented in a matter of minutes," WLFC President and CEO Charles Willis said. "We have worked with the management teams of these airlines for ...

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