Exhibit 21.1

Willis Lease Finance Corporation

List of Subsidiaries

Subsidiary	State or Jurisdiction 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
Willis Engine Funding LLC	Delaware
WLFC Engine Pooling Company	California
WLFC (Ireland) Limited	Rep. of Ireland
WLFC-AC1, Inc.	Delaware
WLFC Funding (Ireland) Limited	Rep. of Ireland