Exhibit 21.1 SUBSIDIARIES OF THE COMPANY Name of Subsidiary State of Incorporation - ------------------ ---------------------- 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 T-12 Inc. California Willis Aeronautical Services, Inc. California Terandon Leasing Corp. California WLFC Engine Pooling Company California Pacific Gas Turbine Center, Incorporated Delaware WLFC Ireland Ireland WLFC Funding Corporation Delaware