Highest-materiality recent filing
Aersale shareholders approve redomestication from Delaware to Texas
All seven director nominees elected; Nicolas Finazzo received 32.3M for, 7.4M against.
AerSale Q1 2026 revenue $70.6M, net loss narrows to $3.5M from $5.3M YoY
Revenue $70.6M, up 7.4% YoY; net loss $3.5M vs $5.3M prior year, improved 34.6%.
AerSale Q4 net income surges to $5.4M; FY adjusted EBITDA up 38% to $46.1M
Q4 revenue $90.9M (-4% YoY); GAAP net income $5.4M vs $2.7M (up 100%) on margin expansion.
Fire destroyed a leased warehouse at Roswell, NM airport on Dec 4, 2025; cause unknown and under investigation.
AerSale Q3 revenue down 14% to $71.2M; GAAP net loss $0.1M, adjusted EBITDA up 16% to $9.5M
Revenue $71.2M vs $82.7M YoY; decline driven by zero aircraft/engine sales vs five engines ($22.6M) in prior period.
CEO Nicolas Finazzo swaps cash bonus for increased equity; 64% of comp long-term
Foregoes annual cash bonus (targeted at 100% of base salary) commencing FY2025.
AerSale increases CFO and COO target equity grants to 150% of base salary
Board approved 2025 target equity grants for CFO Garmendia and COO Jones at 150% of base salary, up from 100%.
AerSale Q2 revenue up 39% to $107.4M; net income $8.6M vs loss $3.6M
Revenue $107.4M (+39.3% YoY); GAAP net income $8.6M vs loss $3.6M; adjusted net income $9.4M.
All seven director nominees elected; 89.65% of shares represented.
AerSale Q1 net loss $5.3M; core revenue ex-flight equipment up 23%
Revenue $65.8M, down 27.4% YoY; GAAP net loss $5.3M vs net income $6.3M prior year.
AerSale appoints DiBattiste and Mitchell to Board; Nolan and Kehler not standing for re-election
Carol DiBattiste and Thomas D. Mitchell appointed as independent directors effective April 1, 2025.
AerSale repurchases $45M shares (6.4M at $7) from Leonard Green, director Seiffer resigns
Repurchased 6,428,571 shares from Leonard Green entities at $7.00/share (~$45M total).
AerSale Q4 revenue $94.7M, net income $2.7M vs loss; adjusted EBITDA $13M
Q4 revenue $94.7M (flat YoY); GAAP net income $2.7M vs net loss of $2.7M in Q4 2023.
AerSale appoints Thomas Mullins, former Raymond James banker, to Board
Board expands from 7 to 8 directors; Mullins appointed as independent director effective Feb 18, 2025.
AerSale gets $34.6M advance on $67M fire insurance claim for inventory loss
Roswell, NM warehouse fire destroyed aircraft parts inventory in April 2024; replacement claim filed for ~$67M.
AerSale Q3 2024 revenue $82.7M, net income $0.5M; adjusted EBITDA up to $8.2M
Revenue of $82.7M vs $92.5M prior year; base business up 26% excluding volatile flight equipment sales.
AerSale amends credit agreement covenants; modifies fixed charge coverage ratio for Q2 2024
Entered into Amendment No. 5 to Credit Agreement on October 24, 2024.
AerSale Q2 revenue +11% to $77.1M but net loss widens to $3.6M; Adj EBITDA turns positive
Revenue $77.1M vs $69.3M YoY; GAAP net loss $3.6M vs $2.7M loss (prior year).
AerSale boosts CEO equity target to 300% of base salary; raises CFO pay
CEO Nicolas Finazzo's annual target equity incentive increased from 200% to 300% of base salary.
AerSale annual meeting elects all seven director nominees and ratifies auditor Grant Thornton
47.9M shares (~90.4% of outstanding) voted at June 4, 2024 annual meeting.
AerSale Q1 revenue up 16% to $90.5M; net income $6.3M vs $5K prior year
Revenue $90.5M (+15.6% YoY); GAAP net income $6.3M vs $5K; Adjusted EBITDA $9.0M vs $5.0M.
AerSale FY2023: Revenue $334.5M, GAAP loss $5.6M, Adj. EBITDA $12.3M; AerAware certified
FY2023: Revenue $334.5M, GAAP net loss $5.6M, adjusted net income $3.5M, adjusted EBITDA $12.3M.
Audit Committee Chair Richard J. Townsend to retire; Andrew Levy named successor
Richard J. Townsend, Audit Committee chair, to retire from Board on March 11, 2024 for personal reasons; no disagreement with company.
AerSale secondary offering of 4M shares by selling stockholders
4,000,000 shares offered by Green Equity Investors CF, L.P. and affiliates; 30-day over-allotment option for 600,000 shares.
FAA issued STC for AerAware EFVS on Boeing B737NG on Dec 6, 2023; world's first dual-pilot EFVS with head-wearable display.
AerSale co-founder Robert Nichols retires as EVP Vice Chairman Dec 31; stays on Board
Nichols will retire from his roles as Executive Vice Chairman and Division President of Asset Management effective Dec 31, 2023.
AerSale Q3 revenue $92.5M (up 81% YoY); guides FY revenue $400-$420M
Revenue $92.5M vs $51.0M prior year; GAAP net loss $0.1M vs $9.0M loss.
AerSale achieves 50% visual advantage for AerAware EFVS on B737NG, a first in commercial aviation
50% visual advantage over naked eye in low visibility operations for AerAware™ EFVS on Boeing B737NG, per FAA OSR Revision 5 dated Oct 19, 2023.
All certification flight testing for AerAware EFVS completed on August 19, 2023 with FAA.
AerSale Q2 revenue $69.3M (-50% YoY), net loss $2.7M, cuts FY guidance
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.
AerSale enters Amendment No. 4 to credit agreement, adds $180M in revolving commitments
Lenders extended additional revolving credit commitments of $180 million under the amended credit agreement.
AerSale shareholders approve 2M share increase to equity plan; elect 8 directors
Plan amendment increased shares reserved by 2,000,000; vote: 44,583,883 for, 369,985 against.
AerSale enters underwriting agreement for secondary offering of 4M shares by existing stockholders
Secondary offering of 4,000,000 shares (plus 600,000 option) by Green Equity Investors affiliates; company receives no proceeds.
AerSale Q1 revenue falls to $78.3M, net income $5K; adjusted EBITDA $5.0M; reaffirms 2023 guidance
Q1 2023 revenue $78.3M vs $122.8M YoY; GAAP net income $5K vs $17.2M.
AerSale appoints Andrew Levy to board; three directors to retire at annual meeting
Andrew Levy, Founder/CEO of Avelo Airlines, appointed independent director effective April 15, 2023.
AerSale promotes Gary Jones to COO, retains division president role; salary raised to $400K
Gary Jones promoted from Division President, Airframe & Materials to COO effective March 27, 2023.
AerSale reports FY2022 revenue $408.5M (+20% YoY), guides FY2023 EBITDA $70-80M below FY2022 $87.4M
Full year 2022 revenue $408.5M (+20% YoY); GAAP net income $43.9M (+21.4% YoY); adjusted EBITDA $87.4M (21.4% of sales).
AerSale enters underwriting agreement for secondary offering of 4M shares by selling stockholders
Selling stockholders sell 4,000,000 shares with 30-day option for 600,000 more.
AerSale agrees to repurchase 1.5M shares from Green Equity Investors at secondary offering price
Repurchases 1,500,000 shares from Green Equity Investors CF, L.P., Green Equity Investors Side CF, L.P., LGP Associates CF, LLC, and Florida Growth Fund LLC.
AerSale Q3 revenue $51M, net loss $9.0M; flight equipment sales down sharply
Revenue $51.0M, down 30% YoY; GAAP net loss $9.0M vs loss $1.6M in Q3 2021.
AerSale selling stockholders launch secondary offering of 4.25M shares, raising ~$73.3M
Selling stockholders sold 4.25M shares plus 637,500 option shares fully exercised.
AerSale Q2 revenue up 52% to $139.6M; Adj. EBITDA $41.1M (+35%)
GAAP net income $26.5M ($0.47 diluted EPS) vs $16.5M ($0.38) a year ago; adjusted net income $31.7M.
AerSale appoints Judith Fedder, USAF Lt. Gen. (Ret.), to board effective July 1, 2022
Fedder appointed independent director; board size increases from 9 to 10.
Aersale stockholders elect all nine director nominees and ratify auditor at annual meeting
All nine director nominees (Finazzo, Nichols, Devabhaktuni, Kehler, Kirton, Nolan, Seiffer, Townsend, Zahler) were elected.
Revenue $122.8M (+110% YoY); GAAP net income $17.2M ($0.32 diluted EPS); adjusted EPS $0.41.
AerSale appoints Charles McDonald as CTO and Division President of Heavy MRO Services
Charles McDonald, 57, was named Chief Technical Officer and Division President of Heavy MRO Services effective March 11, 2022.
AerSale FY2021 revenue $340.4M (+62.9%); guides FY2022 rev $420-450M
FY2021 revenue $340.4M (+62.9% YoY); GAAP net income $36.1M.
AerSale calls cashless redemption of public warrants; holders get 0.3717 shares per warrant
Redemption of all public warrants (ASLEW) for $0.01 each, effective Dec 29, 2021.
AerSale Q3 revenue $73.3M, GAAP net loss $1.6M; raises FY adjusted EBITDA guidance to $80-90M
Revenue $73.3M vs $57.1M YoY; flight equipment sales of $27.4M (none in prior year).
AerSale Q2 revenue $91.9M, GAAP net income $16.5M, adjusted EBITDA $30.4M
Revenue $91.9M vs $45.4M YoY; GAAP net income $16.5M vs net loss $7.9M YoY.
each of Peter Nolan and General C. Robert Kehler notified the Company of their intent not to stand for re-election as a member of the Board at the 2025 Annual Meeting
each of Peter Nolan and General C. Robert Kehler notified the Company of their intent not to stand for re-election as a member of the Board at the 2025 Annual Meeting
appointed Carol DiBattiste, and Thomas D. Mitchell, to serve as independent members of the Board to fill the Board’s current vacancies, effective April 1, 2025
appointed Carol DiBattiste, and Thomas D. Mitchell, to serve as independent members of the Board to fill the Board’s current vacancies, effective April 1, 2025
On March 14, 2025, Jonathan Seiffer resigned from the board of directors of the Company effective immediately.
increased the size of the Board from seven to eight directors and appointed Thomas Mullins to serve as an independent member of the Board to fill the resulting vacancy, effective February 18, 2025
On February 9, 2024, Richard J. Townsend, a member of the board of directors (the “Board”) of AerSale Corporation (the “Company”) and chairperson of the Board’s Audit Committee, notified the Board of his intention to retire as a member of the Board for personal reasons, effective March 11, 2024.
The Board appointed Andrew Levy to replace Mr. Townsend as the chairperson of the Board’s Audit Committee, effective March 11, 2024
and designated Lt. General Judith Fedder to fill the vacancy in the Board’s Audit Committee upon Mr. Townsend’s retirement on March 11, 2024.
Robert Nichols, Executive Vice Chairman, and Division President of Asset Management of AerSale Corporation (the “Company”) and employee member of the Board of Directors of the Company (the “Board”), notified the Company of his decision to retire from his position as Vice Chairman, and Division President of Asset Management of the Company effective December 31, 2023, however, as approved by the Board upon recommendation from the Board’s Nominating and Corporate Governance Committee, Mr. Nichols will remain on the Board as a compensated non-employee director as of January 1, 2024.
Also on April 14, 2023, Michael Kirton, a member of the Board since December 2020, notified the Board of his decision to not seek re-election to the Board at the Annual Meeting due to Leonard Green & Partners, L.P. (“Leonard Green”) reduction of its ownership position in the Company, which will result in Leonard Green having a single Board seat.
On April 14, 2023, Eric J. Zahler, a member of the Board since December 2020 and currently the Board’s Lead Independent Director and a member of the Board’s Compensation Committee, and Sai S. Devabhaktuni, a member of the Board since December 2020 and currently a member of the Board’s Audit Committee and Nominating and Corporate Governance Committee, each notified the Board of their decision to retire from the Board at the end of their current term and not seek re-election to the Board at the 2023 annual meeting of stockholders of the Company (the “Annual Meeting”).
Max materiality 0.85 · Median 0.60 · Most common event earnings