Willis Lease Finance Secures Purchase and Leaseback Agreement with Porter Airlines

Bombardier Q400 Porter AirlinesBombardier Q400 Porter Airlines

Aviation News – Willis Lease Finance Corporation has officially finalized a purchase and leaseback agreement involving six De Havilland Dash 8-400 aircraft currently operated by Porter Airlines, marking a significant milestone in regional aviation asset management.

The transaction allows Porter Airlines to effectively recycle capital from its existing regional fleet while maintaining full operational control of the aircraft. This strategic move aligns with standard industry practices, where carriers leverage existing assets to improve liquidity and support ongoing growth initiatives. As a leading lessor in the aviation sector, Willis Lease Finance Corporation continues to expand its footprint in the regional turboprop market. The deal underscores the enduring value of the Dash 8-400 as a reliable workhorse for short-haul, high-frequency route networks across North America.