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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.

AerSale Corporation (ASLE) is a prominent name in the aviation aftermarket industry, known for its integrated and diversified approach to offering a wide range of products and services. Established to serve the needs of commercial aviation, AerSale specializes in the sale, lease, and exchange of used aircraft, engines, and components. The company prides itself on its comprehensive maintenance, repair, and overhaul (MRO) services, ensuring that aircraft and components meet rigorous safety and performance standards.

AerSale operates through two main segments: Asset Management Solutions and TechOps. The Asset Management Solutions segment is the primary revenue driver, focusing on strategically acquiring, managing, and monetizing aviation assets. This includes aircraft and engine sales, leasing, and trading. TechOps, on the other hand, offers extensive MRO services, along with engineering support for commercial aircraft and components. These services are designed to extend the life and efficiency of aircraft, ensuring they meet the industry's highest standards.

Recent Achievements and Projects:

  • AerSale has achieved significant milestones in expanding its fleet and enhancing its service offerings, including the acquisition of several high-demand aircraft and engines.
  • The company has also entered into strategic partnerships to bolster its MRO capabilities and engineering services.
  • AerSale continues to invest in advanced technologies to improve the efficiency and reliability of its operations, ensuring customer satisfaction and industry compliance.

Financially, AerSale maintains a strong position, leveraging its diversified service portfolio and robust asset management strategies to drive growth and profitability. The company's focus on quality, innovation, and customer-centric solutions positions it as a leader in the aviation aftermarket sector.

For the latest news and updates on AerSale Corporation, including recent developments, financial performance, and industry insights, visit our news section.

Rhea-AI Summary

Prescience Point Capital Management has published a detailed analysis of AerSale Corporation (Nasdaq: ASLE), recommending a Strong Buy and setting a price target of $47.13. The analysis highlights AerSale's projected 231% CAGR in adjusted EPS from FY 2020 to FY 2022, trading significantly lower than peers (10x vs. 25x-30x earnings). Key catalysts include anticipated FAA approval for the AerAware HUD and potential large orders from major airlines. Prescience Point expects AerSale to increase FY 2021 EBITDA guidance, projecting a total of $109.4 million for the year.

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AerSale Corporation (Nasdaq: ASLE) reported a strong second quarter for 2021 with revenue of $91.9 million, up from $45.4 million in 2020, driven by $42.7 million in flight equipment sales. The company achieved a GAAP net income of $16.5 million, compared to a loss of $7.9 million in Q2 2020. Adjusted EBITDA increased to $30.4 million, representing a 33.1% margin. AerSale anticipates 2021 revenue guidance of $340–$360 million, supported by improved market activity and demand for asset management and MRO services.

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AerSale Corporation (NASDAQ: ASLE) will release its Q2 earnings results for the period ending June 30, 2021, on August 6, 2021, prior to market opening. A conference call will follow at 8:30 am ET to discuss the results. Participants can join via phone at 1-877-407-3982 for domestic calls or 1-201-493-6780 internationally. A live webcast will also be available on their investor relations website. A telephonic replay will be accessible until August 20, 2021. AerSale specializes in aftermarket services for large jets, offering MRO services, aircraft sales, and engineered solutions.

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AerSale, Inc. (NASDAQ: ASLE) will present at the inaugural Shareholder Equity Conference on July 12, 2021, at 1:10pm ET. The virtual event aims to engage retail investors through a fireside chat format, allowing them to pose questions to management. Interested parties can access the live stream via the conference's website or AerSale's investor relations page, with a replay available for 90 days post-event.

AerSale specializes in integrated aftermarket services for large jets, focusing on cost-saving solutions for aircraft owners and operators.

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AerSale Corporation (Nasdaq: ASLE) will join the Russell 2000 Index starting June 28, 2021, after the annual reconstitution. This inclusion extends to related growth and value style indexes, reinforcing its position in the market. Russell indexes, used widely by investment managers, benchmark approximately $10.6 trillion in assets. The company focuses on providing integrated aftermarket services to airlines, offering MRO, aircraft sales, leasing, and engineered solutions. However, investors should consider inherent risks, including market fluctuations and industry competition.

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AerSale Corporation (Nasdaq: ASLE) reported robust first-quarter results for 2021, with revenues of $58.4 million, marking an increase from $57.1 million in Q1 2020. The company achieved a GAAP net income of $10 million (17.1% of sales), up from $1.1 million (1.9% of sales) last year. Adjusted EBITDA rose to $16.5 million (28.3% of sales). Significant growth is anticipated from MRO services and a fleet acquisition of 24 Boeing 757s. The outlook for 2021 includes projected revenue of $340–360 million and adjusted EBITDA of $60–70 million.

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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.

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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.

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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.

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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.

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FAQ

What is the current stock price of AerSale Corporation (ASLE)?

The current stock price of AerSale Corporation (ASLE) is $6.57 as of November 22, 2024.

What is the market cap of AerSale Corporation (ASLE)?

The market cap of AerSale Corporation (ASLE) is approximately 345.3M.

What does AerSale Corporation specialize in?

AerSale specializes in the sale, lease, and exchange of used aircraft, engines, and components, along with maintenance, repair, and overhaul (MRO) services.

What are the main operating segments of AerSale?

AerSale operates through two main segments: Asset Management Solutions and TechOps.

Which segment generates the most revenue for AerSale?

The Asset Management Solutions segment generates the maximum revenue for AerSale.

What services does the TechOps segment offer?

The TechOps segment offers maintenance, repair, and overhaul (MRO) services, along with engineering support for commercial aircraft and components.

How does AerSale maintain its competitive edge in the market?

AerSale maintains its competitive edge by investing in advanced technologies, forming strategic partnerships, and focusing on quality and customer-centric solutions.

What recent achievements has AerSale made?

AerSale has expanded its fleet, enhanced its service offerings, and entered into strategic partnerships to improve its MRO capabilities and engineering services.

How does AerSale ensure the safety and performance of its services?

AerSale ensures safety and performance through rigorous maintenance, repair, and overhaul (MRO) services, meeting the highest industry standards.

What financial position does AerSale hold?

AerSale holds a strong financial position, leveraging its diversified service portfolio and robust asset management strategies to drive growth and profitability.

Does AerSale invest in technology?

Yes, AerSale invests in advanced technologies to improve the efficiency and reliability of its operations.

Where can I find the latest news and updates about AerSale?

You can find the latest news and updates about AerSale in our news section on this webpage.

AerSale Corporation

Nasdaq:ASLE

ASLE Rankings

ASLE Stock Data

345.34M
31.92M
21.59%
66.82%
5.68%
Airports & Air Services
Wholesale-machinery, Equipment & Supplies
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United States of America
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