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Stock impact report

AerSale Reports Fourth Quarter and Full Year 2023 Results

AerSale Corporation (ASLE) 
Company Research Source: Business Wire
2023 Full Year HighlightsRevenue of $334.5 millionGAAP net loss of $5.6 millionAdjusted net income1 of $3.5 millionAdjusted EBITDA1 of $12.3 millionFlight equipment sales included four (4) aircraft and seventeen (17) engines during 2023AerAware™ receives Supplemental Type Certificate from the Federal Aviation Administration; Company launches go-to-market activitiesFeedstock acquisitions of $131.9 million and an additional $72.0 million under contractFlight Equipment inventory available of $329.2 million which will fuel Asset Management Solutions activity in 2024Technical Operations revenue up 11.3% (excluding flight equipment sales) showing underlying strength in both on airport and component MROs CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the fourth quarter and full year ended December 31, 2023.Nicolas Finazzo, AerSale’s Chief Executive Officer, commented, “The end of 2023 proved challenging as a large volume Show less Read more
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