Willis Lease Finance Corporation

Exhibit 21.1 List of Subsidiaries

	State or Jurisdiction
Subsidiary	of Incorporation
Terandon Leasing Corporation	California
T-2 Inc.	California
T-4 Inc.	California
T-5 Inc.	California
T-7 Inc.	California
T-8 Inc.	California
T-10 Inc.	California
T-11 Inc.	California
WLFC Funding Corporation	Delaware
WLFC Engine Pooling Company	California
WLFC (Ireland) Limited	Rep.of Ireland
WLFC-AC1, Inc.	Delaware