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Willis Lease Finance Corporation Appoints Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate Development

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Willis Lease Finance (NASDAQ: WLFC) has appointed Dr. Amy Ruddock as Senior Vice President, Sustainable Aviation & Corporate Development. In this newly created role, Ruddock will lead WLFC's sustainable aviation business and oversee corporate development. She brings extensive experience from her previous positions at Carbon Engineering and Virgin Atlantic, where she focused on sustainable aviation and corporate strategy.

Ruddock will play a key role in driving Willis Sustainable Fuels' UK Sustainable Aviation Fuel project in Tees Valley, England, which is supported by the UK's Advanced Fuels Fund. Her appointment aligns with WLFC's expansion of services and focus on industry decarbonization. CEO Austin C. Willis expressed enthusiasm for Ruddock's expertise in sustainable aviation and project development, highlighting her potential contribution to the company's global strategic initiatives.

Willis Lease Finance (NASDAQ: WLFC) ha nominato Dr. Amy Ruddock come Vice Presidente Senior per l'Aviazione Sostenibile e lo Sviluppo Aziendale. In questo nuovo ruolo, Ruddock guiderà l'attività di aviazione sostenibile di WLFC e superviserà lo sviluppo aziendale. Porta con sé un'ampia esperienza dai precedenti incarichi in Carbon Engineering e Virgin Atlantic, dove si è concentrata sull'aviazione sostenibile e sulla strategia aziendale.

Ruddock avrà un ruolo chiave nel guidare il progetto di carburante sostenibile per l'aviazione nel Regno Unito di Willis Sustainable Fuels a Tees Valley, in Inghilterra, supportato dal Fondo per i Carburanti Avanzati del Regno Unito. La sua nomina è in linea con l'espansione dei servizi di WLFC e il focus sulla decarbonizzazione dell'industria. Il CEO Austin C. Willis ha espresso entusiasmo per l'expertise di Ruddock nell'aviazione sostenibile e nello sviluppo di progetti, sottolineando il suo potenziale contributo alle iniziative strategiche globali dell'azienda.

Willis Lease Finance (NASDAQ: WLFC) ha nombrado a Dr. Amy Ruddock como Vicepresidenta Senior de Aviación Sostenible y Desarrollo Corporativo. En este nuevo rol, Ruddock liderará el negocio de aviación sostenible de WLFC y supervisará el desarrollo corporativo. Aporta amplia experiencia de sus posiciones anteriores en Carbon Engineering y Virgin Atlantic, donde se centró en la aviación sostenible y la estrategia corporativa.

Ruddock desempeñará un papel clave en impulsar el proyecto de Combustible Sostenible para Aviación de Willis Sustainable Fuels en Tees Valley, Inglaterra, el cual cuenta con el apoyo del Fondo de Combustibles Avanzados del Reino Unido. Su nombramiento se alinea con la expansión de servicios de WLFC y el enfoque en la descarbonización de la industria. El CEO Austin C. Willis expresó entusiasmo por la experiencia de Ruddock en aviación sostenible y desarrollo de proyectos, destacando su potencial contribución a las iniciativas estratégicas globales de la empresa.

윌리스 리스 파이낸스 (NASDAQ: WLFC)는 Dr. Amy Ruddock을 지속 가능한 항공 및 기업 개발 담당 수석 부사장으로 임명했습니다. 이 새로 만들어진 역할에서 Ruddock은 WLFC의 지속 가능한 항공 비즈니스를 이끌고, 기업 개발을 감독하게 됩니다. 그녀는 탄소 공학과 버진 애틀랜틱에서의 이전 직책에서 지속 가능한 항공 및 기업 전략에 중점을 두고 광범위한 경험을 쌓아왔습니다.

Ruddock은 영국 티즈 밸리에서의 윌리스 지속 가능한 연료의 지속 가능한 항공 연료 프로젝트를 주도하는 주요 역할을 하게 되며, 이는 영국의 고급 연료 기금으로 지원받고 있습니다. 그녀의 임명은 WLFC의 서비스 확장 및 산업 탈탄소화에 대한 집중과 일치합니다. CEO 오스틴 C. 윌리스는 Ruddock의 지속 가능한 항공 및 프로젝트 개발에 대한 전문성에 대한 열정을 표현하며, 그녀의 회사의 글로벌 전략적 이니셔티브에 대한 잠재적인 기여를 강조했습니다.

Willis Lease Finance (NASDAQ: WLFC) a nommé Dr. Amy Ruddock au poste de Vice-Présidente Senior, Aviation Durable et Développement Corporatif. Dans ce nouveau rôle, Ruddock dirigera l'activité d'aviation durable de WLFC et supervisera le développement d'entreprise. Elle apporte une vaste expérience de ses précédents postes chez Carbon Engineering et Virgin Atlantic, où elle s'est concentrée sur l'aviation durable et la stratégie d'entreprise.

Ruddock jouera un rôle clé dans la conduite du projet de carburant durable pour l'aviation de Willis Sustainable Fuels dans la vallée de Tees, en Angleterre, qui est soutenu par le Fonds pour les carburants avancés du Royaume-Uni. Sa nomination s'inscrit dans le cadre de l'expansion des services de WLFC et de l'accent mis sur la décarbonisation de l'industrie. Le PDG Austin C. Willis a exprimé son enthousiasme pour l'expertise de Ruddock en matière d'aviation durable et de développement de projets, soulignant sa contribution potentielle aux initiatives stratégiques mondiales de l'entreprise.

Willis Lease Finance (NASDAQ: WLFC) hat Dr. Amy Ruddock zur Senior Vice President für nachhaltige Luftfahrt und Unternehmensentwicklung ernannt. In dieser neu geschaffenen Rolle wird Ruddock das nachhaltige Luftfahrtgeschäft von WLFC leiten und die Unternehmensentwicklung überwachen. Sie bringt umfassende Erfahrungen aus ihren vorherigen Positionen bei Carbon Engineering und Virgin Atlantic mit, wo sie sich auf nachhaltige Luftfahrt und Unternehmensstrategie konzentrierte.

Ruddock wird eine Schlüsselrolle bei der Umsetzung des Sustainable Aviation Fuel-Projekts von Willis Sustainable Fuels im Tees Valley, England, spielen, das durch den Advanced Fuels Fund des Vereinigten Königreichs unterstützt wird. Ihre Ernennung entspricht der Expansion der Dienstleistungen von WLFC und dem Fokus auf die Dekarbonisierung der Branche. CEO Austin C. Willis äußerte Begeisterung für Ruddocks Fachwissen in nachhaltiger Luftfahrt und Projektentwicklung und hob ihren potenziellen Beitrag zu den globalen strategischen Initiativen des Unternehmens hervor.

Positive
  • Appointment of Dr. Amy Ruddock, an expert in sustainable aviation, as Senior VP
  • Expansion into sustainable aviation business with UK Sustainable Aviation Fuel project
  • Support from UK's Advanced Fuels Fund for the Tees Valley project
  • Strategic focus on industry decarbonization and service expansion
Negative
  • None.

COCONUT CREEK, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), the leading lessor of commercial aircraft engines and provider of global aviation service operations, is pleased to announce the appointment of Dr. Amy Ruddock in the newly created role of Senior Vice President, Sustainable Aviation & Corporate Development. Amy will be responsible for delivering and growing WLFC’s sustainable aviation business while also overseeing corporate development.

Austin C. Willis, WLFC’s Chief Executive Officer, commented on the appointment: “We are thrilled to welcome Amy to our leadership team. As we continue to expand our services businesses, we have recruited Amy for her deep expertise in sustainable aviation and her proven track record in project development and technology implementation. Amy will be instrumental in driving Willis Sustainable Fuels’ UK Sustainable Aviation Fuel project in Tees Valley, England, which is currently in the advanced planning stage and supported by the UK’s Advanced Fuels Fund. Additionally, she will contribute to broader global strategic initiatives.

Amy most recently served as Vice President of EMEA at Carbon Engineering, a leader in direct air capture technology. Previously, as Vice President of Corporate Development and Sustainability at Virgin Atlantic, she was significantly involved in shaping the airline’s carbon strategy and its £1.2 billion ($1.55 billion) recapitalization during the COVID-19 pandemic. Prior to Virgin Atlantic, Amy spent a decade at Boston Consulting Group, where she led aviation-focused projects across EMEA and North America in strategy, transformation, operations and commercial development. Amy holds a Ph.D. in Physical Chemistry and Natural Sciences from the University of Cambridge.

“I am delighted to join WLFC at such an exciting time for the aviation industry. With the Company’s innovative spirit and ambition to play a leading role in industry decarbonization, I look forward to contributing to WLFC’s continued success and driving forward our shared vision for the future of aviation,” said Amy Ruddock.

For more information on Willis Lease Finance Corporation and the Company’s comprehensive aviation services, visit www.wlfc.global.

Willis Lease Finance Corporation 

Willis Lease Finance Corporation (“WLFC”) leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair, and overhaul providers worldwide. These leasing activities are integrated with engine and aircraft trading, engine lease pools and asset management services through Willis Asset Management Limited, as well as various end-of-life solutions for engines and aviation materials provided through Willis Aeronautical Services, Inc. Through Willis Engine Repair Center®, Jet Centre by Willis, and Willis Aviation Services Limited, the company’s service offerings include Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground and cargo handling services.

Except for historical information, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Do not unduly rely on forward-looking statements, which give only expectations about the future and are not guarantees. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include, but are not limited to: the effects on the airline industry and the global economy of events such as war, terrorist activity and the COVID-19 pandemic; changes in oil prices, rising inflation and other disruptions to world markets; trends in the airline industry and our ability to capitalize on those trends, including growth rates of markets and other economic factors; risks associated with owning and leasing jet engines and aircraft; our ability to successfully negotiate equipment purchases, sales and leases, to collect outstanding amounts due and to control costs and expenses; changes in interest rates and availability of capital, both to us and our customers; our ability to continue to meet changing customer demands; regulatory changes affecting airline operations, aircraft maintenance, accounting standards and taxes; the market value of engines and other assets in our portfolio; and risks detailed in the Company’s Annual Report on Form 10-K and other continuing reports filed with the Securities and Exchange Commission.

CONTACT:   Lynn Mailliard Kohler
Manager Corporate Communications
lkohler@willislease.com
   

FAQ

Who is the new Senior VP of Sustainable Aviation & Corporate Development at Willis Lease Finance (WLFC)?

Dr. Amy Ruddock has been appointed as the new Senior VP of Sustainable Aviation & Corporate Development at Willis Lease Finance (NASDAQ: WLFC).

What is Willis Lease Finance 's (WLFC) new sustainable aviation project?

WLFC is developing a UK Sustainable Aviation Fuel project in Tees Valley, England, which is currently in the advanced planning stage and supported by the UK's Advanced Fuels Fund.

What is Dr. Amy Ruddock's background before joining Willis Lease Finance (WLFC)?

Dr. Ruddock previously served as Vice President of EMEA at Carbon Engineering and Vice President of Corporate Development and Sustainability at Virgin Atlantic. She also spent a decade at Boston Consulting Group leading aviation-focused projects.

How does the appointment of Dr. Amy Ruddock align with Willis Lease Finance 's (WLFC) strategy?

Dr. Ruddock's appointment aligns with WLFC's strategy to expand its services businesses, focus on sustainable aviation, and drive global strategic initiatives in industry decarbonization.

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