AerSale Corporation (ASLE) Tops Q2 EPS by 32c

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AerSale Reports Second Quarter 2021 Results

August 6, 2021 7:00 AM EDT

Second Quarter 2021 Highlights

Revenue of $91.9 million. GAAP net income of $16.5 million, or 18.0% of revenues. Adjusted EBITDA of $30.4 million, or 33.1% of revenues. Flight equipment sales included three aircraft, one airframe, and two engines in the quarter. Commercial activity continues to improve as expected. 2021 guidance unchanged; revenue of $340- $360 million and adjusted EBITDA of $60 - $70 million1. Poised to capitalize on asset acquisition opportunities with debt free balance sheet.

MIAMI--(BUSINESS WIRE)-- AerSale Corporation (Nasdaq: ASLE) (the Company) today reported results for the second... More