C. Robert Kehler
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
Highest-materiality recent filing
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.
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.
Max materiality 0.80 · Median 0.60 · Most common event earnings