AerSale topped expectations on strong demand for used aircraft and spare parts. However, the company has yet to receive an order for its closely watched pilot vision assist system.
AerSale had a tough year in 2023, with earnings declining considerably and sales decreasing in certain segments. The company no longer quantifies its guidance, which may not appeal to investors. AerAware, the company's enhanced flight vision system, received certification, but has not secured a launch order yet, raising concerns about its commercialization phase.
CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (NASDAQ: ASLE) (the “Company”) announced today that it will release its earnings results for the first quarter ended March 31, 2024, on Wednesday, May 8, 2024, after the market closes. The Company will host a conference call on the same day at 4:30 pm Eastern Time to discuss the results. Participants may access the call at 1-877-300-8521,...
CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (“AerSale”) announced a favorable recommendation by a U.S. Federal Magistrate Judge in AerSale's lawsuit with Jetaire Aerospace, LLC, Jetaire Flight Systems, LLC (collectively “Jetaire”), and Jetaire's owner Michael Williams, relating to AerSale's AerSafe products that provide a means for mitigating the risk of a catastroph...
AerSale (NASDAQ: ASLE ) stock is down on Friday after releasing its earnings report for the fourth quarter of 2023. The bad news for ASLE stockholders starts with the aftermarket commercial aircraft seller's adjusted earnings per share of -2 cents during the quarter.
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 of anticipated flight equipment sales shifted into 2024, which substantially impacted our 4th quarter and f...
As the saying goes, what goes up must come down. This adage holds true for three stocks.
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