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- Global Aviation Aftermarket Service Company | AerSale
- About - AerSale
- Investor Relations :: AerSale Corporation (ASLE)
- Aviation Careers - AerSale
- Contact Us - AerSale
- Products with FAA STCs | AerSale
- Services - AerSale
- Our History - AerSale
- Aircraft - AerSale
- Facilities - AerSale
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AerSale, Inc. is a Doral, Florida-based global supplier of aftermarket commercial jet aircraft, engines, used materials, and aeronautical engineering services to passenger and cargo airlines, government, multinational original equipment manufacturers, and independent MROs. AerSale is a member of the Aircraft Fleet Recycling Association.
History
The company was founded in Coral Gables, Florida, in 2008. The two founders invested US$250 million in equity in January 2010.
In July 2010, AerSale delivered a specially modified Boeing 737-400 aircraft to the National Nuclear Security Administration to fly depleted nuclear waste to disposal sites. It supplied low-cost, used turbine blades to the Department of Defense for use on the Air Force's KC-135 Stratotanker aircraft; it saved the government US$36 million.
Lines of business
AerSale operates three integrated lines of business: Aircraft & Engine Leasing; Material Sales; and Maintenance, Repair & Overhaul (MRO). The company is an aftermarket seller of original equipment manufacturers (OEM) used serviceable material.
AerSale sells and leases engines and aircraft, both commercial passenger and cargo aircraft. It has purchased Boeing 737-300, Boeing 737-400, Boeing 737-500, Boeing 747-400, Boeing 757-200, and Boeing 767-300 passenger and freighter aircraft; Airbus A300-600R, Airbus A310-200, Airbus A320-200, and Airbus A330-300 passenger aircraft; and McDonnell Douglas MD-90 passenger and McDonnell Douglas DC-8-70 series freighter aircraft.
In November 2013, it completed a major maintenance check for NASA on its flying laboratory, a specially modified McDonnell Douglas DC-8-70 series aircraft.
Certifications
On March 12, 2010, the Aviation Suppliers Association certified AerSale's quality system to meet the requirements of ASA-100 and FAA Advisory Circular 00-56A. On June 14, 2011, AerSale was certified by the Aircraft Fleet Recycling Association. On February 24, 2014, it received a U.S. Approval Certificate from the European Aviation Safety Agency (EASA).
In December 2023, the FAA approved the AerAware headset device SKYLENS as part of an enhanced flight vision system.
Acquisitions
AerSale's first acquisition came in 2009 when it acquired 44 McDonnell Douglas DC-8-70 series aircraft from a major international logistics company.
In May 2010, AerSale acquired the assets of Great Southwest Aviation located at the Roswell International Air Center in Roswell, New Mexico. In late 2010, AerSale acquired 19 Boeing 747-400 aircraft from Japan Airlines, representing two-thirds of the JAL fleet of 747-400s. In 2012, AerSale acquired 25 of Saudi Airlines's McDonnell Douglas MD-90 aircraft. In July 2015, AerSale acquired Aero Mechanical Industries, Inc. (AMI), located in Rio Rancho, New Mexico, to expand its component overhaul services to include aero structures. In 2018, AMI was rebranded AerSale Component Solutions.
In November 2018, AerSale acquired Avborne, located in Miami, Florida, to include overhaul capability for hydraulic, pneumatic, and landing gear. In June 2019, AerSale acquired airframe parts specialist Qwest Air Parts to add scale to its offering of airframe used serviceable material.
AerSale Corp. and Monocle Acquisition Corporation announced their merger in December 2019, with an implied enterprise value of about US$430 million. The deal was revised in September 2020, with a lower value of about US$300 million. The combined company, named AerSale Corporation, began trading on Nasdaq under the ticker symbol "ASLE" in December 2020.
References
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Global Aviation Aftermarket Service Company | AerSale
AerSale® is a global leader and market innovator specializing in aviation products and services to meet the growing demand for aftermarket support in global passenger, cargo, and government segments. Featuring complete aircraft nose-to-tail, value-added offerings, including: Aircraft & Component Maintenance, Repair and Overhaul Services (MRO)
About - AerSale
AerSale serves customers and supports employees through a passionate leadership team that includes highly experienced aviation professionals with decades of distinguished career service.
Investor Relations :: AerSale Corporation (ASLE)
Oct 24, 2024 · A global aviation leader, AerSale specializes in the sale, lease, and exchange of used aircraft, engines, and components, in addition to providing a broad range of maintenance, repair, and overhaul and engineering services for commercial aircraft and components.
Aviation Careers - AerSale
AerSale is an equal opportunity employer, with comprehensive employment benefits programs. If you are interested in joining AerSale to accelerate your career, we invite you to explore our current openings and to consider enrolling in our employment opportunity talent network.
Contact Us - AerSale
+1 305.764.3200 or sales@aersale.com. 24-hour worldwide AOG support is available. Call our AerSale AOG team now at +1.786.351.9937 or email us at aog@aersale.com
Products with FAA STCs | AerSale
Proprietary AerSale solutions are developed to comply with FAA mandates—often before they become customer needs. Our products with FAA STCs offer easy compliance and pain-free installation and help customers cost-effectively meet agency mandates, requirements, and …
Services - AerSale
AerSale is a reliable source of competitively priced, fully documented aircraft parts and airframe components for major airlines and MROs worldwide.
Our History - AerSale
AerSale was purpose-built to provide high-quality aviation aftermarket products, services, and turn-key solutions. From the beginning our founders Nicolas Finazzo and Robert Nichols set out to address the wide-ranging and underserved needs of mid-life flight equipment stakeholders.
Aircraft - AerSale
AerSale provides complete aircraft life cycle management from fleet introduction, including aircraft leasing and sales, through service life and aircraft maintenance to aircraft retirement. See our current aircraft portfolio.
Facilities - AerSale
AerSale’s 312,000 square-foot distribution center is located just minutes from Memphis International Airport, and features overnight delivery service from our vast stock of Used Serviceable Material (USM) airframe and engine parts inventories.