Building on the model of its CFM56-7B engine pool serving North America, China and Europe, Willis Lease Finance is forming a second pool for the Boeing 787.

“The popularity of the new Boeing 787 is creating strong demand for spare engine support programs,” says CEO Charles Willis.

“At our first informational meeting in Seattle, we had more than 30 participants from a number of airlines, aircraft lessors and Boeing attending.

"With our proven expertise in developing automated engine sharing pools to support the 737NG, we have demonstrated the efficiency and cost-effectiveness of the pooling program.”

Air Canada is the first airline to express interest in the new 787 engine pool offered by Willis, which will allow members through a web-based reservation system to obtain the use of spare engines in a fractional lease arrangement managed by Willis.

“The Willis Lease pooling program initiative offers significant benefit to airlines, and we plan to participate in the discussions to help lead its development for the 787,'' says Yves Patrice, Air Canada's General Manager Engine Maintenance & Planning.

Source:'s sister premium news site Air Transport Intelligence news