Willis Lease Finance Corporation has reported year-over- year second quarter net income grew 83% and net earnings applicable to common shareholders increased 140%. Net income increased to $3.5 million in the second quarter of 2011, up from $1.9 million in the second quarter a year ago. After payment of preferred dividends, net income available to common shareholders was $2.7 million or $0.31 per diluted common share, up from $1.1 million or $0.12 per diluted share in the second quarter a year ago. For the first six months of 2011, net income grew 72% to $8.5 million from $5.0 million in

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