AerSale Corporation (ASLE) Tops Q1 EPS by 28c

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Go back to AerSale Corporation (ASLE) Tops Q1 EPS by 28c

AerSale Reports First Quarter 2021 Results

May 7, 2021 7:00 AM EDT

First Quarter 2021 Highlights

Revenue of $58.4 million. GAAP net income of $10.0 million, or 17.1% of sales. Adjusted EBITDA of $16.5 million, or 28.3% of sales. Continued strong demand for freighters and improving commercial activity. AerAware flight testing by FAA in progress. Finalizing the sale/lease of 18 Boeing 757s. 2021 guidance unchanged: revenue of $340 - $360 million and adjusted EBITDA of $60 - $70 million1.

MIAMI--(BUSINESS WIRE)-- AerSale Corporation (Nasdaq: ASLE) (the Company) today reported results for the first quarter ended March 31, 2021.

AerSale reported first quarter... More