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AerSale Corporation - $ASLE STOCK NEWS

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

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 Corporation'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 Corporation's position in the market.

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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News
AerSale Announces Date for Third Quarter 2023 Earnings Release Conference Call
Rhea-AI Summary
AerSale Corporation will release its Q3 2023 earnings results on November 8, 2023. A conference call will be held at 4:30 pm Eastern Time to discuss the results. Participants can access the call and webcast using the provided links and phone numbers. A telephonic replay will be available until November 22, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
earnings
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News
AerSale Provides Update on AerAware Certification Status
Rhea-AI Summary
AerSale Corporation provides an update on the status of AerAware certification by the FAA. The company is nearing the conclusion of the certification process for its Enhanced Flight Vision System applicable to Boeing 737NG and MAX aircraft. No material issues have been identified by the FAA, and the company anticipates an award of the STC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.25%
Tags
none
News
Prescience Point Capital Management Reiterates "Strong Buy" Recommendation on AerSale Corporation with Price Target of $45.90
Rhea-AI Summary
Prescience Point Capital Management reiterates its Strong Buy recommendation on AerSale Corporation (Nasdaq: ASLE) and outlines several near-term catalysts that could nearly triple its current share price. The catalysts include the imminent FAA approval of AerAware, the company's Enhanced Flight Vision System, and the reacceleration of growth in the core business. Prescience Point expects the FAA to approve AerAware by September 20 and anticipates several large initial orders for the product. They also project that the core business will generate Adjusted EBITDA of $93.3 million in FY 2024. With these positive developments, Prescience Point values AerSale shares at $45.90, representing a 194.4% premium to the current share price of $15.59.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
none
-
News
AerSale Expands and Strengthens Engineered Solutions Leadership Team
Rhea-AI Summary
AerSale expands Engineered Solutions leadership team to enhance capabilities for scaling up production and R&D
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
management
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News
AerSale® Successfully Completes Certification Flight Testing for the AerAware™ Enhanced Flight Vision System (EFVS)
Rhea-AI Summary
AerSale completes certification flight testing for AerAware EFVS, totaling over 100 hours of flight time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.65%
Tags
none
News
AerSale Reports Second Quarter 2023 Results
Rhea-AI Summary
AerSale Corporation (Nasdaq: ASLE) reported a revenue of $69.3 million in the second quarter of 2023, a decrease from $139.6 million in the second quarter of 2022. GAAP net loss was $2.7 million compared to GAAP net income of $26.5 million in the prior year period. Adjusted EBITDA was $(0.5) million versus $41.1 million in the prior year period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.14%
Tags
earnings
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News
AerSale Announces Date for Second Quarter 2023 Earnings Release Conference Call
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
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News
AerSale Announces Pricing of Secondary Offering of Common Stock
Rhea-AI Summary
AerSale Corporation (NASDAQ: ASLE) has announced the pricing of a secondary offering of 4,000,000 shares of common stock by certain stockholders, including affiliates of Leonard Green & Partners, L.P. The underwriter has a 30-day option to purchase up to an additional 600,000 shares. RBC Capital Markets is acting as the underwriter for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.22%
Tags
offering
News
AerSale Announces Secondary Offering of Common Stock
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.22%
Tags
offering
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AerSale Corporation

Nasdaq:ASLE

ASLE Rankings

#3199 Ranked by Market Cap
#3875 Ranked by Stock Gains
N/A Ranked by Dividends

ASLE Stock Data

408.70M
24.73M
24.63%
78.08%
9.2%
Airports & Air Services
Industrials
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United States of America
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