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AerSale Corp - ASLE STOCK NEWS

Welcome to our dedicated news page for AerSale (Ticker: ASLE), a resource for investors and traders seeking the latest updates and insights on AerSale.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AerSale's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AerSale's position in the market.

News
AerSale Announces Date for First Quarter 2024 Earnings Release Conference Call
Rhea-AI Summary
AerSale (NASDAQ: ASLE) announced the date for its first-quarter 2024 earnings release conference call. The earnings results for the quarter ended March 31, 2024, will be released on May 8, 2024, after the market closes. The conference call will take place at 4:30 pm Eastern Time on the same day, with access details provided for participants. A live webcast and telephonic replay options are also available for interested parties.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
earnings
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News
U.S. Federal Magistrate Judge Recommends Invalidation of Jetaire Patents in Lawsuit Against AerSale
Rhea-AI Summary
A U.S. Federal Magistrate Judge recommends invalidation of Jetaire Patents in AerSale's lawsuit, favoring AerSale in the dispute over AerSafe products designed to reduce fuel tank explosion risks on certain commercial aircraft. The Judge's report, issued on April 17, 2024, suggests the District Court should invalidate Jetaire's patents, potentially ending the patent claims against AerSale.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
none
-
News
AerSale Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
AerSale Corporation (ASLE) reported 2023 full-year revenue of $334.5 million with a GAAP net loss of $5.6 million. Adjusted net income was $3.5 million, and adjusted EBITDA stood at $12.3 million. The company faced challenges due to delayed flight equipment sales impacting Q4 and full-year financial performance. AerAware™ received FAA certification, launching go-to-market activities. Despite lower flight equipment sales, revenue excluding flight equipment increased by 7.6% year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.9%
Tags
earnings
News
AerSale Announces Date for Fourth Quarter and Full Year 2023 Earnings Release Conference Call
Rhea-AI Summary
AerSale Corporation (ASLE) will release its Q4 and full year 2023 earnings on March 7, 2024. A conference call will be held at 4:30 pm ET on the same day to discuss the results. Participants can access the call via phone or webcast. A replay will be available until March 21, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.42%
Tags
earnings
-
News
AerSale Announces Pricing of Secondary Offering of Common Stock
Rhea-AI Summary
AerSale Corporation (ASLE) announces the pricing of a secondary offering of 4,000,000 shares of common stock by affiliates of Leonard Green & Partners, L.P. The underwriter, RBC Capital Markets, will have a 30-day option to purchase up to an additional 600,000 shares. No shares are being issued or sold by AerSale, and all proceeds from the offering will go to the Selling Stockholders. The Offering is made pursuant to a shelf registration statement on Form S-3 filed by AerSale with the SEC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.53%
Tags
offering
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News
AerSale Announces Secondary Offering of Common Stock
Rhea-AI Summary
AerSale Corporation (ASLE) announced a secondary offering of 4,000,000 shares of common stock by certain stockholders, with an additional 600,000 shares as an option. RBC Capital Markets is the underwriter, and the proceeds will go to the Selling Stockholders. The Offering will be made through the Nasdaq Capital Market and other channels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.53%
Tags
offering
News
AerSale® Receives Boeing 737NG Supplemental Type Certificate for its Enhanced Flight Vision System “AerAware™”
Rhea-AI Summary
AerSale Corporation (ASLE) has achieved a milestone with the FAA's issuance of a Supplemental Type Certificate for its revolutionary Enhanced Flight Vision System, AerAware, for the Boeing B737NG product line. This marks the world's first commercial EFVS system to achieve a 50% visual advantage and the first large transport aircraft to be certified with a complete dual-pilot EFVS solution featuring a Head-Wearable Display. The system enhances safety, reduces operating costs, improves airline efficiency, and has environmental advantages. AerSale has developed the AerAware certification program under license with The Boeing Company and in collaboration with Universal Avionics, an Elbit Systems company, featuring the integration of ClearVision™ technology. The system aligns with the FAA’s Next Generation Air Transportation System project and is a key strategic aspect of the FAA’s Human Systems Integration Roadmap. For more information, visit www.aersale.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.91%
Tags
none
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News
AerSale® Announces Retirement of Co-Founder and Vice Chairman Robert Nichols with Continued Board Membership
Rhea-AI Summary
AerSale Corporation (ASLE) announced the retirement of Robert Nichols, Vice Chairman and President of Asset Management, after fifteen years with the company. Nichols will continue to serve as a member of the Board of Directors. His strategic vision and leadership have been instrumental in the growth and success of AerSale. As President of Asset Management, he played a key role in implementing strategies related to AerSale’s business portfolio, partner agreements, as well as mergers and acquisitions. Nichols will continue to provide his insights and expertise in guiding the Company’s future endeavors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
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News
AerSale Reports Third Quarter 2023 Results
Rhea-AI Summary
AerSale Corporation (Nasdaq: ASLE) reported third-quarter revenue of $92.5 million, up from $51.0 million in the same period last year, with an adjusted net income of $0.9 million. The company also provided an update on its 2023 guidance, expecting revenue in the range of $400 - $420 million and adjusted EBITDA in the range of $40 - $45 million. The company is in the final stages of FAA certification for its Enhanced Flight Vision System 'AerAware,' with all testing successfully completed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.74%
Tags
earnings
News
AerSale’s Enhanced Flight Vision System “AerAware™” is First to Achieve 50% Visual Advantage
Rhea-AI Summary
AerSale Corporation has achieved a groundbreaking 50% visual advantage in low visibility operations for its AerAware Enhanced Flight Vision System (EFVS) on the Boeing B737NG aircraft. The visual advantage was achieved through a collaboration with Universal Avionics and Elbit Systems. The system enhances safety, efficiency, and cost savings, and reduces environmental impact. Final approval by the FAA is pending.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
Tags
none
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AerSale Corp

Nasdaq:ASLE

ASLE Rankings

#3234 Ranked by Market Cap
#3875 Ranked by Stock Gains
N/A Ranked by Dividends

ASLE Stock Data

366.17M
24.73M
24.63%
78.08%
9.2%
Airports & Air Services
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United States
Coral Gables