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Willis Lease Finance WLFC Spare Parts Sales — Write-down of equipment
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Where this comes from
Reported directly by Willis Lease Finance in its filing.
Tagged under the XBRL concept us-gaap:ProductionRelatedImpairmentsOrCharges.
The source filing: Willis Lease Finance’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:17 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001018164-26-000053
| Three months ended March 31, 2026 | Leasing and Related Operations | Spare Parts Sales | Eliminations | Total |
|---|---|---|---|---|
| Depreciation and amortization expense | 30,167 | 11 | — | 30,178 |
| Cost of spare parts and equipment sales | 5,703 | 16,087 | (7,373) | 14,417 |
| Cost of maintenance services | 8,908 | — | (48) | 8,860 |
| Write-down of equipment | 1,149 | — | — | 1,149 |
| General and administrative | 55,232 | 1,372 | — | 56,604 |
| Technical expense | 9,727 | — | (39) | 9,688 |
| Net finance costs: | ||||
| Interest expense | 32,633 | — | — | 32,633 |
Item 1. Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Willis Lease Finance's spare parts sales — write-down of equipment?
- Willis Lease Finance (WLFC) reported spare parts sales — write-down of equipment of $0 in Q1 2026.
- What does spare parts sales — write-down of equipment mean?
- The reduction in the carrying value of inventory or equipment when its market value falls below its book value. This metric indicates potential obsolescence or impairment of spare parts and assets held for sale.
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