Willis Lease Finance Corporation Undertakes New, Innovative “Power-to-Liquid” (PtL) Sustainable Aviation Fuel (SAF) Project
Retrieved on:
Monday, July 17, 2023
COCONUT CREEK, Fla., July 17, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), a leading lessor of commercial aircraft engines and provider of global aviation service operations for more than 45 years, today announced an innovative project to develop and produce Power-to-Liquid (“PtL”) Sustainable Aviation Fuel (“SAF”).
Key Points:
- COCONUT CREEK, Fla., July 17, 2023 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), a leading lessor of commercial aircraft engines and provider of global aviation service operations for more than 45 years, today announced an innovative project to develop and produce Power-to-Liquid (“PtL”) Sustainable Aviation Fuel (“SAF”).
- “Our pioneering PtL SAF project would directly support the global aviation industry’s ambitious goal of net-zero emissions by 2050, which represents a major, near-term step in the important effort to decarbonize aviation,” says Austin C. Willis, CEO of WLFC.
- “As one of the first aviation leasing companies to spearhead a SAF initiative of this magnitude, we are thrilled to be continuing our legacy as a leader and innovator in aviation.
- The SAF project is one element of our broader strategy to contribute towards the decarbonization of aviation.