Justin Hughes's questions to Willis Lease Finance Corp (WLFC) leadership • Q3 2024
Question
Justin Hughes from Phase 2 asked about the company's future leverage strategy, questioning if it would continue to delever or if portfolio growth would absorb capital generation. He also asked if the $3 million special bonus to the Executive Chairman was a one-time item.
Answer
Executive Austin Willis and CFO Scott Flaherty clarified that the objective is to both grow and delever, targeting a BB-type credit profile. Flaherty noted that the current net leverage in the low 3x range is a comfortable level. Willis confirmed the $3 million bonus was a one-time item for strategic initiatives executed during the year and that no similar targets are currently in place for next year.