AerSale Corporation provides integrated aviation aftermarket services and solutions for operators of Boeing, Airbus and legacy McDonnell Douglas aircraft. Its news commonly covers aircraft and engine sales and leasing, used serviceable material sales, component and airframe MRO, asset management for mid-life and end-of-life aircraft, and FAA-certified engineered solutions such as AerSafe®, AerTrak® and AerAware™.
Company updates also address quarterly results, feedstock and inventory levels, flight equipment sales, leasing activity, MRO capacity, and customer transactions involving commercial aircraft and freighter platforms. Recurring operating themes include the mix between Asset Management Solutions and TechOps, demand for USM and maintenance services, and engineered products tied to aircraft safety, performance and regulatory compliance.
AerSale Corporation (NASDAQ: ASLE) will release its Q1 2021 earnings results on May 7, 2021, before market opening. A conference call is scheduled for the same day at 8:30 AM ET to discuss these results. Participants can join the call via phone or a live webcast. A replay of the call will be available until May 21, 2021. AerSale provides integrated aftermarket services for large jets, focusing on cost-saving solutions for aircraft owners and operators, including MRO, sales, leasing, and engineered solutions.
AerSale Corporation (ASLE) reported Q4 2020 revenue of $49.4 million, down from $120.9 million in Q4 2019, and full-year revenue of $208.9 million, a decline from $304.2 million in 2019. The results were impacted by COVID-19 on commercial operations, leading to reduced sales of used serviceable material (USM) and whole assets. However, the company achieved net income of $0.6 million in Q4 and $8.5 million for the year. Looking ahead, AerSale expects revenue of $340-$360 million in 2021, driven by MRO services and the launch of its AerAware product.
AerSale Corporation (NASDAQ: ASLE) will release its fourth-quarter earnings results for the year ended December 31, 2020, on March 15, 2021, after market close. A conference call to discuss these results will follow at 5:00 PM ET the same day. Participants can join the call using designated phone numbers or access it via a live webcast on the company's investor relations website. The call will have a telephonic replay available until March 29, 2021. AerSale specializes in aftermarket services for airlines operating large jets.
AerSale, Inc. (NASDAQ: ASLE) has confirmed its participation in the Cowen 42nd Annual Aerospace/Defense & Industrials Conference on February 10, 2021. Management will present at 4:00 p.m. ET and will also hold one-on-one meetings for institutional investors. A webcast will be available on AerSale's investor relations website, allowing broader access to the presentation. AerSale is focused on providing integrated aftermarket services for airlines operating large jets from Boeing, Airbus, and McDonnell Douglas, aiming to enhance operational savings and performance.
AerSale, Inc. (NASDAQ: ASLE) has commenced the passenger-to-freighter (P2F) conversion of its first Boeing 757-200 aircraft at its Goodyear, AZ facility. This is part of a larger plan involving 24 aircraft, all powered by Rolls-Royce engines, which are ideal for the growing e-commerce market. The company's heavy-MRO facility has been converting 757s since 2013. AerSale's CEO emphasized their ability to transition aircraft efficiently, offering competitive products and services to meet market demands affected by reduced passenger flights post-COVID.