Business
AerSale Reports First Quarter 2025 Results
MIAMI, May 07, 2025--AerSale Corporation (Nasdaq: ASLE) ("AerSale" or the "Company") today reported results for the first quarter ended March 31, 2025. The Company’s revenue was $65.8 million, a decrease of 27.4% from $90.5 million in the prior year. Lower year-over-year revenue was primarily the result of fewer whole asset sales during the period, which tend to be volatile quarter-to-quarter. In the current period, the Company sold $1.8 million of flight equipment, compared to $38.6 million in
About this update from Aersale Corporation
[{"type":"text","content":"First Quarter 2025 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $65.8 million versus $90.5 million in the prior year period. Excluding flight equipment sales, revenue increased 23.4% to $64.0 million.","length":147,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"GAAP net loss of $5.3 million versus GAAP net income of $6.3 million in the prior year period.","length":94,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted net loss1 of $2.7 million versus adjusted net income of $5.5 million in the prior year period.","length":103,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA1 of $3.2 million versus $9.0 million in the prior year period.","length":78,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"One engine was sold in the first quarter of 2025, compared to one aircraft and four engines in the prior year period.","length":117,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Feedstock acquisitions of $43.4 million and an additional $23.8 million under contract.","length":87,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Available inventory of $449.0 million as of March 31, 2025.","length":59,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":685,"olType":false},{"type":"text","content":"MIAMI, May 07, 2025--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) ("AerSale" or the "Company") today reported results for the first quarter ended March 31, 2025. The Company’s revenue was $65.8 million, a decrease of 27.4% from $90.5 million in the prior year. Lower year-over-year revenue was primarily the result of fewer whole asset sales during the period, which tend to be volatile quarter-to-quarter. In the current period, the Company sold $1.8 million of flight equipment, compared to $38.6 million in the prior-year period. One engine was sold in the first quarter of 2025 compared to one aircraft and four engines in the prior year period. Excluding flight equipment sales of aircraft and engines, revenue increased 23.4% to $64.0 million, driven by strong commercial demand for Used Serviceable Material ("USM") and AerSafe™ products, along with additional contributions from the engine leasing portfolio. As a remi...