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.
AerSale Corporation (NASDAQ: ASLE) is an aviation aftermarket company serving airlines that operate large jets manufactured by Boeing, Airbus and McDonnell Douglas. The ASLE news feed on Stock Titan aggregates AerSale’s publicly released updates, with a strong emphasis on quarterly and annual earnings results, operational developments in its Asset Management Solutions and TechOps segments, and commentary from management on business trends.
Investors following AerSale’s news can review detailed earnings releases that break down revenue from products, leasing and services, discuss the impact of flight equipment sales, and highlight the role of Used Serviceable Material (USM), leasing and maintenance, repair and overhaul (MRO) activity. These releases often explain how USM demand, AerSafe engineered solutions, engine and aircraft sales, and lease pool expansion contribute to gross margin and adjusted EBITDA.
News items also cover corporate actions and governance topics, such as share repurchase agreements with major shareholders and changes to executive compensation structures intended to align incentives with long-term stock performance. Operational updates have included information on MRO facilities in locations such as Goodyear, Arizona and Roswell, New Mexico, as well as the deployment of converted Boeing 757 freighter aircraft into AerSale’s lease pool.
Regulatory and safety-related disclosures appear through press releases and referenced SEC filings, such as the report of a fire at a leased warehouse at the Roswell airport that AerSale stated was not expected to significantly disrupt revenue generating operations. By monitoring the ASLE news page, readers can access a consolidated view of AerSale’s financial announcements, facility updates, engineered solutions activity and capital allocation decisions over time.
AerSale Corporation (Nasdaq: ASLE) reported a strong first quarter of 2022, with revenues reaching $122.8 million, a 110% increase year-over-year. GAAP net income surged by 72% to $17.2 million, and adjusted net income rose 115% to $22.2 million. Adjusted EBITDA was $29.9 million, reflecting a strong margin of 24.4%. Flight equipment sales contributed $75.9 million, primarily from five Boeing 757 aircraft. AerSale reaffirmed its 2022 revenue guidance of $420 - $450 million and adjusted EBITDA of $80 - $90 million.
AerSale Corporation (NASDAQ: ASLE) announced the expansion of its component MRO capabilities through the acquisition of advanced pneumatic system testing technology from Bauer, Inc. This investment significantly enhances AerSale Component Solutions' ability to provide comprehensive MRO services for pneumatic components, benefiting a growing customer base. The acquisition reflects AerSale’s commitment to improving operational efficiency and supporting its diverse MRO solutions for current and new generation aircraft fleets.
AerSale Corporation (NASDAQ: ASLE) announced that CFO Martin Garmendia will present at the 2022 Wells Fargo Industrials Conference on May 4, 2022, at 11:20 am ET in New York, NY. The presentation will be available via live webcast, and a replay will follow. AerSale specializes in aftermarket services for large jets from manufacturers like Boeing and Airbus, offering solutions such as MRO services, aircraft sales, and engineered solutions to enhance aircraft performance.
AerSale Corporation (NASDAQ: ASLE) is set to announce its earnings for Q1 2022 on May 9, 2022, after market close. A conference call will follow at 4:30 PM ET, where details on financial performance will be discussed. Investors can access the call via phone or a live webcast. A replay will be available until May 23, 2022. AerSale focuses on providing aftermarket services for large jets, offering solutions like Aircraft & Component MRO, sales, and engineered solutions to enhance operational economics.
AerSale, Inc. (NASDAQ: ASLE) will participate in the Shareholder Equity Conference on April 21, 2022, at 12:30 PM ET. This virtual fireside chat is designed for retail investors, allowing them to engage with management through a Q&A session. The live presentation will be available via webcast and can be accessed through the provided links. Additionally, an archived version will be accessible for 90 days post-event. AerSale focuses on providing aftermarket services for large jets from Boeing, Airbus, and McDonnell Douglas.
AerSale Corporation (NASDAQ: ASLE) reported a significant revenue growth of 62.9% year-over-year, reaching $340.4 million in 2021. The company achieved a GAAP net income of $36.1 million, or 10.6% of sales, while adjusted net income was $63.6 million, or 18.7% of sales. Revenue for Q4 2021 was $116.8 million, up from $49.4 million in Q4 2020. AerSale plans to monetize 15 Boeing 757s over 2022 and 2023, anticipating total revenue between $420-$450 million for 2022. The company also reported an adjusted EBITDA of $89.3 million, or 26.2% of sales for the year.
AerSale Corporation (NASDAQ: ASLE) will announce its earnings for the fourth quarter ended
AerSale (NASDAQ: ASLE) will present at the Cowen 43rd Annual Aerospace/Defense & Industrials Conference on February 8, 2022, at 11:00 a.m. ET.
The presentation will be accessible via live webcast on AerSale's investor relations website, enhancing investor engagement and market visibility for the company.
AerSale specializes in aftermarket services for airlines, providing solutions that help reduce operational costs and improve aircraft performance.
AerSale, Inc. (NASDAQ: ASLE) announced participation in the virtual Energy and Industrial Shareholder Equity Conference on December 13, 2021, at 1:30 PM ET. Management will engage in a fireside chat aimed at retail investors, allowing them to pose questions. The event will be webcast live at Shareholder-Equity-Conference.videoshowcase.net and archived for 90 days. AerSale specializes in aftermarket services for large jets, focusing on cost-effective operations for aircraft owners.
AerSale Corporation (ASLE) has announced its plan to redeem all outstanding public warrants at a redemption price of $0.01 per warrant on December 29, 2021. This cashless redemption limits shareholder dilution and reflects AerSale's strong balance sheet. The company achieved the necessary stock price performance, with shares exceeding $18.00 for 20 trading days within 30 days prior to the redemption notice. Registered holders must exercise their warrants by 5:00 p.m. ET on the redemption date to retain their rights.