AerSale Corporation - Common Stock (ASLE)

AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the third quarter ended September 30, 2024. The Company’s revenue for the third quarter of 2024 was $82.7 million compared to $92.5 million in the third quarter of 2023. In the current period, the Company sold $22.6 million of flight equipment, compared to $44.8 million in the prior-year. Flight equipment sales in the third quarter of 2024 consisted of five engines and no aircraft compared to seven engines and a P2F converted Boeing 757 aircraft in the prior year period. Excluding flight equipment sales, revenue increased 26.0% year over year to $60.1 million, driven by strong commercial demand, improved feedstock and a supportive MRO environment which continued to drive volume. As a reminder to investors, the Company revenue is likely to fluctuate from quarter-to-quarter and year-to-year based on flight equipment sales and therefore, progress should be monitored based on MRO activity, asset purchases and related sales.

AerSale Corporation (NASDAQASLE) (the “Company”) announced today that it will release its earnings results for the third quarter ended September 30, 2024, on Thursday, November 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.

AerSale Corporation (NASDAQASLE) (the “Company”), today announced that the Company’s Chief Financial Officer, Martin Garmendia, will present at the Jefferies Industrials Conference on Thursday, September 5, 2024 at 1:55 pm ET, as well as host investor meetings on both days of the conference.

AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the second quarter ended June 30, 2024. The Company’s revenue for the second quarter of 2024 was $77.1 million compared to $69.3 million in the second quarter of 2023. Revenue for the second quarter of 2024 included $17.9 million of flight equipment sales compared to $17.6 million of flight equipment sales in the prior-year period. Flight equipment sales in the second quarter of 2024 consisted of five engines compared to four engines and two unserviceable airframes in the prior year period. The increase in sales was primarily the result of higher volume of USM sold and strong MRO revenue amid a robust commercial backdrop. As a reminder to investors, the Company’s revenues are likely to fluctuate from quarter-to-quarter and year-to-year based on flight equipment sales and therefore, progress should be monitored based on MRO activity, asset purchases and related sales.

AerSale Corporation (NASDAQASLE) (the “Company”) announced today that it will release its earnings results for the second quarter ended June 30, 2024, on Wednesday, August 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.

AerSale Corporation (NASDAQASLE) (the “Company”), a leading provider of aviation products and services, proudly announces the opening of its newest location in Millington, Tennessee, with its first aircraft induction. This strategic expansion marks a significant milestone in AerSale's commitment to serving its customers and enhancing its MRO capabilities to better support the global commercial aviation industry.

AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the first quarter ended March 31, 2024. The Company’s revenue for the first quarter of 2024 was $90.5 million compared to $78.3 million in the first quarter of 2023. Revenue for the first quarter of 2024 included $38.6 million of flight equipment sales compared to $27.7 million of flight equipment sales in the prior-year period. Flight equipment sales in the first quarter of 2024 consisted of one aircraft and four engines, compared to two cargo aircraft (a 737 and 757), and one engine in the first quarter of 2023. Higher sales were primarily the result of the pacing of flight equipment sales, a higher volume of USM sold and strong MRO revenue amid a robust commercial backdrop. As a reminder to investors, the Company’s revenues are likely to fluctuate from quarter-to-quarter and year-to-year based on flight equipment sales and therefore, progress should be monitored based on MRO activity, asset purchases and related sales.

AerSale Corporation (NASDAQASLE) (the “Company”) announced today that it will release its earnings results for the first quarter ended March 31, 2024, on Wednesday, May 8, 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.

AerSale Corporation (Nasdaq: ASLE) (“AerSale”) announced a favorable recommendation by a U.S. Federal Magistrate Judge in AerSale’s lawsuit with Jetaire Aerospace, LLC, Jetaire Flight Systems, LLC (collectively “Jetaire”), and Jetaire’s owner Michael Williams, relating to AerSale’s AerSafe products that provide a means for mitigating the risk of a catastrophic fuel tank explosion on certain commercial aircraft, including Boeing 737-300/400/500, 737-600/700/800, 757- 200/300, 767-200/300 and 777-200/300, and the Airbus A319/320/321 family of aircraft.

AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the fourth quarter and full year ended December 31, 2023.

AerSale Corporation (NASDAQASLE) (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.

AerSale Corporation (“AerSale”) (NASDAQASLE), 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 “SEC”). The shares will be offered by the underwriter from time to time for sale in one or more transactions on the Nasdaq Capital Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The Selling Stockholders have granted the underwriter a 30-day option to purchase up to an additional 600,000 shares of common stock on the same terms and conditions. No shares are being issued or sold by AerSale. The Selling Stockholders will receive all of the proceeds from the Offering.

AerSale Corporation (“AerSale”) (NASDAQASLE), 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 and Exchange Commission (the “SEC”). The underwriter intends to offer the shares from time to time for sale in one or more transactions on the Nasdaq Capital Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The Selling Stockholders expect to grant the underwriter a 30-day option to purchase up to an additional 600,000 shares of common stock on the same terms and conditions. No shares are being issued or sold by AerSale. The Selling Stockholders will receive all of the proceeds from the Offering.

AerSale Corporation (NASDAQASLE) (“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 first large transport aircraft to be certified with a complete dual-pilot EFVS solution featuring a Head-Wearable Display. AerSale developed the AerAware certification program under license with The Boeing Company, which included access to necessary technical services, maintenance, and engineering data.

AerSale® Corporation (NASDAQASLE) (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 member of the Board of Directors.

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 2023 consisted of seven engines and a P2F converted Boeing 757 aircraft, compared to two engines in the third quarter of 2022. This improvement was mainly the result of the pacing of flight equipment sales, which tend to occur at irregular intervals throughout the year evidenced by these fluctuations. As a reminder to investors, the Company’s revenues are likely to fluctuate from quarter-to-quarter and year-to-year due to the timing of flight equipment sales, and therefore progress should be monitored based on the volume of asset purchases and related sales.

AerSale® Corporation (NASDAQASLE) (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 with The Boeing Company which included access to necessary technical services, maintenance, and engineering data.

AerSale Corporation (NASDAQASLE) (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.

AerSale Corporation (NASDAQASLE) (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.

AerSale Corporation (NASDAQASLE) (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).

AerSale Corporation (NASDAQASLE) (the “Company”), a leading provider of aviation products and services, announced today that it has successfully completed all certification flight testing for AerAware™, its Enhanced Flight Vision System (EFVS), in coordination with the U.S. Federal Aviation Administration (FAA).

AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the second quarter ended June 30, 2023. The Company’s revenue for the second quarter of 2023 was $69.3 million compared to $139.6 million in the second quarter of 2022. Revenue for the second quarter of 2023 included $13.3 million of flight equipment sales compared to $92.5 million of flight equipment sales in the prior-year period. Flight equipment sales in the second quarter of 2023 consisted of only four engines and no aircraft compared to three engines and three aircraft in the second quarter of 2022, which included two AerSale converted Boeing 757 freighter aircraft and a Boeing 747 Freighter. The decline in sales was primarily the result of the pacing of flight equipment sales, which tend to occur at irregular intervals throughout the year as evidenced by these fluctuations, which led to record first and second quarters in 2022. As a reminder to investors, the Company’s revenues are likely to fluctuate from quarter-to-quarter and year-to-year based on flight equipment sales and therefore, progress should be monitored based on asset purchases and related sales.

AerSale Corporation (NASDAQASLE) (the “Company”) announced today that it will release its earnings results for the second quarter ended June 30, 2023, on Tuesday, August 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.

AerSale Corporation (“AerSale” or the “Company”) (NASDAQASLE) today announced the pricing of the previously announced underwritten secondary offering (the “Offering”) by certain of its stockholders, including 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 the Company with the U.S. Securities and Exchange Commission (the “SEC”). The shares will be offered by the underwriter from time to time for sale in one or more transactions on the Nasdaq Capital Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The Selling Stockholders have granted the underwriter a 30-day option to purchase up to an additional 600,000 shares of common stock on the same terms and conditions. No shares are being issued or sold by AerSale. The Selling Stockholders will receive all of the proceeds from the Offering.

AerSale Corporation (“AerSale”) (NASDAQASLE), 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 and Exchange Commission (the “SEC”). The underwriter intends to offer the shares from time to time for sale in one or more transactions on the Nasdaq Capital Market, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices. The Selling Stockholders expect to grant the underwriter a 30-day option to purchase up to an additional 600,000 shares of common stock on the same terms and conditions. No shares are being issued or sold by AerSale. The Selling Stockholders will receive all of the proceeds from the Offering.