AerSale Corp

AerSale Corp. engages in serving airlines operating large jets manufactured by Boeing, Airbus and McDonnell Douglas. It also provides integrated aftermarket services and products designed to help aircraft owners and operators to realize significant savings in the operation, maintenance and monetization of their aircraft, engines, and components. The company was founded by Nicolas Finazzo and Robert B. Nichols in 2008 and is headquartered in Coral Gables, FL.

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AerSale Corp (ASLE) reports record revenue in 2022, eyes growth opportunities

AerSale's strong financial performance in 2022, coupled with strategic initiatives, positions the company for continued growth. Despite challenges in the conversion program and market competition, AerSale's focus on efficiency and market demand bodes well for future success. The company's outlook for 2023 indicates a positive trajectory with revenue and EBITDA growth expectations.

AerSale Corp reports Q1 sales decline, eyes market leadership

AerSale Corp's Q1 performance reflects lower sales impacted by timing of asset sales, with a focus on boosting flight equipment sales and maintaining operational efficiency.
Strengths lie in progress towards becoming a market leader in new technology equipment, effective aircraft refurbishment capabilities, and competitive deal-winning success.
Challenges include regulatory hurdles, short-term sales and EBITDA declines, and dependence on partners' capacity post-FAA approval, while opportunities exist in growth strategies and profitability targets.

AerSale Corp reports Q2 sales decline, eyes growth opportunities

AerSale Corp faced sales decline and EBITDA loss in Q2 2023, with segments showing mixed performance but strong service demand in TechOps.
The company's focus on feedstock acquisition, AerAware certification, and revenue diversification poses challenges amidst market uncertainties.
Despite challenges, AerSale's competitive advantage, growth opportunities in USM business, and strong business model position them for future value creation.

AerSale Corp posts strong Q3 results amidst market challenges

AerSale Corp delivered robust Q3 results with notable sales growth and improved EBITDA, underpinned by a strong balance sheet and strategic asset management approach.
While facing challenges in the cargo market and operational disruptions, the company remains focused on capitalizing on growth opportunities through technological advancements and strategic initiatives.
Optimism surrounds future prospects, with a positive outlook for revenue and EBITDA, supported by market acceptance of AerAware and potential expansion in the aftermarket segment.
Navigating challenges and leveraging opportunities will be key for AerSale to sustain growth momentum, enhance operational resilience, and drive shareholder value in the dynamic aviation industry.

AerSale Corp reports sales decline in 2023, eyes growth opportunities

AerSale Corp faced sales decline in 2023 but remains optimistic about 2024 and future performance.
Strong commercial demand and focus on expanding MRO services are key strengths.
Challenges include uncertain EBITDA outlook and difficulty in predicting asset monetization.
Opportunities lie in engaging potential customers for AerAware and maximizing returns from inventory.

AerSale Corp reports robust Q1 performance and eyes growth opportunities

AerSale Corp delivered strong financial performance in Q1 2024, driven by revenue growth and improved EBITDA. The company's focus on asset management, TechOps segment, and innovative products like AerAware and AerSafe positions it for future success.
While facing challenges in a competitive market and inventory monetization, AerSale's strategic approach to documentation, inventory management, and product development presents opportunities for growth and profitability.
With a solid foundation in engine material inventory and a proactive stance on market dynamics, AerSale anticipates continued growth through increased leasing activity and enhanced product margins, signaling a positive trajectory for the company.

AerSale Corp reports strong Q3 earnings, eyes MRO expansion

AerSale Corp's Q3 performance demonstrated robust revenue growth and improved EBITDA, driven by strategic initiatives in lease pool expansion and MRO business development. While challenges in feedstock acquisition persist, disciplined management and growth opportunities in the MRO segment position the company for continued success.

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AerSale Corp. engages in serving airlines operating large jets manufactured by Boeing, Airbus and McDonnell Douglas. It also provides integrated aftermarket services and products designed to help aircraft owners and operators to realize significant savings in the operation, maintenance and monetization of their aircraft, engines, and components. The company was founded by Nicolas Finazzo and Robert B. Nichols in 2008 and is headquartered in Doral, FL.

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This aerospace company has missed the Zacks Consensus Estimate in each of the last four quarters and estimates have crashed lower.

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AerSale (NASDAQ: ASLE ) stock is down on Friday after releasing its earnings report for the fourth quarter of 2023. The bad news for ASLE stockholders starts with the aftermarket commercial aircraft seller's adjusted earnings per share of -2 cents during the quarter.

Why Is AerSale (ASLE) Stock Down 18% Today?

AerSale Corporation (ASLE) Q4 2023 Earnings Call Transcript

AerSale Corporation (ASLE) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.45. This compares to earnings of $0.23 per share a year ago.

AerSale Corporation (ASLE) Reports Q4 Loss, Misses Revenue Estimates

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the fourth quarter and full year ended December 31, 2023. Nicolas Finazzo, AerSale's Chief Executive Officer, commented, “The end of 2023 proved challenging as a large volume of anticipated flight equipment sales shifted into 2024, which substantially impacted our 4th quarter and full-year financial performance. As we regularly note, flight equipment sales fluctuate quarter-over-qu.

AerSale Reports Fourth Quarter and Full Year 2023 Results

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With its shares trading near all-time lows, AerSale offers over 100% near-term potential upside and significant downside protection. AerSale experienced temporary challenges in FY 2023 but has seen a sharp recovery in its core business in 2H'23, fueled by robust feedstock purchases. ASLE remains on track to receive initial orders for AerAware later this year, including a large order from rumored launch customer United Airlines.

AerSale: Inflection In H2'23 Results And Recent AerAware Approval Set Stage For A Potential Near-Term Double

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CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”) announced today that it will release its earnings results for the fourth quarter and full year ended December 31, 2023, on Thursday, March 7, 2024, after the market closes. The Company will host a conference call on the same day at 4:30 pm Eastern Time to discuss the results. Participants may access the call at 1-877-407-3982, international callers may use 1-201-493-6780, and request to join the AerSale Corp.

AerSale Announces Date for Fourth Quarter and Full Year 2023 Earnings Release Conference Call

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CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (“AerSale”) (NASDAQ: ASLE), a leading provider of aviation products and services, today announced the pricing of the previously announced underwritten secondary offering (the “Offering”) by affiliates of Leonard Green & Partners, L.P. (the “Selling Stockholders”), of 4,000,000 shares of common stock of AerSale pursuant to a shelf registration statement on Form S-3 filed by AerSale with the U.S. Securities and Exchange Commission (the.

AerSale Announces Pricing of Secondary Offering of Common Stock

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (“AerSale”) (NASDAQ: ASLE), a leading provider of aviation products and services, today announced that certain of its stockholders, including affiliates of Leonard Green & Partners, L.P. (the “Selling Stockholders”) intend to offer for sale in an underwritten secondary offering (the “Offering”) 4,000,000 shares of common stock of AerSale pursuant to a shelf registration statement on Form S-3 filed by AerSale with the U.S. Securities a.

AerSale Announces Secondary Offering of Common Stock

AerSale's long-anticipated AerAware vision system has been approved for use in older Boeing airplanes. AerAware sales should boost revenue and enjoy higher margins than AerSale's core business.

Why AerSale Stock Is Taking Flight Today

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (“AerSale”, the "Company"), a leading provider of aviation products and services, announced today that the FAA has issued AerSale a Supplemental Type Certificate (STC) for “AerAware™”, the Company's revolutionary Enhanced Flight Vision System (EFVS) for the Boeing B737NG product line.1 This achievement marks the world's first commercial EFVS system2 to achieve a 50% visual advantage (over unaided natural vision) and the fir.

AerSale® Receives Boeing 737NG Supplemental Type Certificate for its Enhanced Flight Vision System “AerAware™”

AerSale Corporation's Q3 financial results show significant growth in flight equipment sales, driving total revenues up from $51 million to $92.5 million. The demand for Boeing 757 converted freighters remains soft, with only one sale in Q3 and uncertainty surrounding leases. The main growth driver for AerSale is its AerAware system, which enhances flight safety and efficiency, but certification and rollout have been delayed.

AerSale: AerAware Is The Reason Why I Bought Back

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale® Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, announced today that Robert “Bob” Nichols will be retiring from his role as Vice Chairman and President of Asset Management after fifteen years with AerSale, Inc. and many years of distinguished service within the aviation industry. Robert Nichols' retirement will take effect on December 31, 2023, but he will continue to serve the Company as a dedicated.

AerSale® Announces Retirement of Co-Founder and Vice Chairman Robert Nichols with Continued Board Membership

AerSale Corporation (NASDAQ:ASLE ) Q3 2023 Earnings Conference Call November 8, 2023 4:30 PM ET Company Participants Jackie Carlon - Vice President of Marketing and Communications Nicolas Finazzo - Chairman and Chief Executive Officer Martin Garmendia - Chief Financial Officer Conference Call Participants Bert Subin - Stifel Kenneth Herbert - RBC Capital Markets Michael Ciarmoli - Truist Jack Ayers - TD Cowen Operator Good day, and welcome to the AerSale, Inc. Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

AerSale Corporation (ASLE) Q3 2023 Earnings Call Transcript

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the third quarter ended September 30, 2023. The Company's revenue for the third quarter of 2023 was $92.5 million compared to $51.0 million in the third quarter of 2022. Revenue for the third quarter of 2023 included $44.8 million of flight equipment sales compared to $2.7 million of flight equipment sales in the prior-year period. Flight equipment sales in the third quarter of 202.

AerSale Reports Third Quarter 2023 Results

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale® Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, is proud to announce a groundbreaking achievement in aviation safety and efficiency. The Company has successfully achieved a 50% visual advantage in low visibility operations over the naked eye for its AerAware™ Enhanced Flight Vision System (EFVS) on the Boeing B737NG aircraft, a first in commercial aviation1. AerSale developed AerAware under license w.

AerSale's Enhanced Flight Vision System “AerAware™” is First to Achieve 50% Visual Advantage

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”) announced today that it will release its earnings results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023, after the market closes. The Company will host a conference call on the same day at 4:30 pm Eastern Time to discuss the results. Participants may access the call at 1-877-300-8521, international callers may use 1-412-317-6026, and request to join the AerSale Corporation ea.

AerSale Announces Date for Third Quarter 2023 Earnings Release Conference Call

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, provided an update to the status of AerAware™ certification by the U.S. Federal Aviation Administration (FAA) today. The Company is nearing the conclusion of the FAA certification process of its Enhanced Flight Vision System “AerAware,” applicable to the Boeing 737NG and MAX aircraft. Nicolas Finazzo, AerSale's Chief Executive Officer said, “Although we.

AerSale Provides Update on AerAware Certification Status

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”), a leading provider of aviation products and services, announced today that it has expanded and strengthened its Engineered Solutions leadership team as the Company enhances its capabilities, allowing for scaling up production and R&D, particularly as AerSale nears the commercialization phase of AerAware™, its Enhanced Flight Vision System (EFVS). Iso Nezaj, the current President of Engineered Solutions,.

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