---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-013920"
form_type: "8-K"
ticker: "ASLE"
cik: "0001754170"
company_name: "AerSale Corp"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:24:11.129511+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# AerSale Q2 revenue $69.3M (-50% YoY), net loss $2.7M, cuts FY guidance

## Summary
- Revenue $69.3M vs $139.6M YoY; flight equipment sales $13.3M (4 engines, no aircraft) vs $92.5M (3 engines, 3 aircraft) in prior year.
- GAAP net loss $2.7M vs net income $26.5M YoY; adjusted net loss $0.6M vs adjusted net income $31.7M.
- Adjusted EBITDA -$0.5M vs $41.1M YoY.
- 2023 guidance: revenue $400-$440M, adjusted EBITDA $40-$55M, citing soft freight demand extending B757 P2F sales cycle.
- AerAware final flight testing tentatively week of Aug 14 or 21 after completing FAA modifications.

## SEC filing metadata
- accession: 0001558370-23-013920
- form_type: 8-K
- ticker: ASLE
- cik: 0001754170
- company_name: AerSale Corp
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1754170/000155837023013920/0001558370-23-013920-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1754170/000155837023013920/asle-20230808x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-013920
- JSON: https://secwatch.observer/filing/0001558370-23-013920.json
- Plain text: https://secwatch.observer/filing/0001558370-23-013920.txt

## Key facts
- Earnings Releases
  AerSale Corp reported 2023 results: revenue $400 - $440 million. Guidance lowered.
  - Period: 2023
  - Revenue: $400 - $440 million
  - Guidance: lowered
  - Result: guidance update
  source text: 2023 guidance update: expects revenue in the range of $400 - $440 million and adjusted EBITDA in the range of $40 - $55 million, which excludes any potential AerAware sales
  evidence_url: https://www.sec.gov/Archives/edgar/data/1754170/000155837023013920/0001558370-23-013920-index.htm
- Earnings Releases
  AerSale Corp reported second quarter ended June 30, 2023 results: EPS Diluted loss per share was $0.08 for the second quarter of 2023.
  - Period: second quarter ended June 30, 2023
  - EPS: Diluted loss per share was $0.08 for the second quarter of 2023
  - Result: reported results
  source text: set forth by specific reference in such a filing.. ​ --- EX-99.1 (EX-99.1) --- ​ AerSale Reports Second Quarter 2023 Results ​ Second Quarter 2023 Highlights ● Revenue of $69.3 million versus $139.6 million in the prior year period. ● GAAP net loss of $2.7 million versus GAAP net income of $26.5 million in the prior year period. ● Adjusted Net Loss of $0.6
  evidence_url: https://www.sec.gov/Archives/edgar/data/1754170/000155837023013920/0001558370-23-013920-index.htm
- Earnings Releases
  AerSale Corp reported second quarter ended June 30, 2023 results: EPS Diluted loss per share was $0.08 for the second quarter of 2023.
  - Period: second quarter ended June 30, 2023
  - EPS: Diluted loss per share was $0.08 for the second quarter of 2023
  - Result: reported results
  source text: Second Quarter 2023 Highlights ● Revenue of $69.3 million versus $139.6 million in the prior year period. ● GAAP net loss of $2.7 million versus GAAP net income of $26.5 million in the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1754170/000155837023013920/0001558370-23-013920-index.htm
- Earnings Releases
  AerSale Corp reported second quarter ended June 30, 2023 results: EPS Diluted loss per share was $0.08 for the second quarter of 2023.
  - Period: second quarter ended June 30, 2023
  - EPS: Diluted loss per share was $0.08 for the second quarter of 2023
  - Result: reported results
  source text: Diluted loss per share was $0.08 for the second quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1754170/000155837023013920/0001558370-23-013920-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.