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Stock impact report

AerSale Reports Second Quarter 2021 Results

AerSale Corporation (ASLE) 
Company Research Source: Business Wire
Second Quarter 2021 HighlightsRevenue 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 quarter ended June 30, 2021. The Company posted second quarter 2021 revenue of $91.9 million compared to $45.4 million in the second quarter of 2020. Revenue for the second quarter of 2021 included $42.7 million of flight equipment sales.In addition to flight equipment sales, revenue improved during the period as maintenance work continued at an elevated pace as airlines recommissioned Show less Read more
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