AerSale

#5235

Rank

$715.05M

MarketCap US

US United States

Country

Summary
AerSale Corporation provides aftermarket commercial aircraft, engines, and its parts to passenger and cargo airlines, leasing companies, original equipment manufacturers, and government and defense contractors, as well as maintenance, repair, and overhaul (MRO) service providers worldwide. It operates in two segments, Asset Management Solutions and Technical Operations (TechOps). The Asset Management Solutions segment engages in the sale and lease of aircraft, engines, and airframes, as well as disassembly of these assets for component parts. The TechOps segment provides internal and third-party aviation services, including internally developed engineered solutions, heavy aircraft maintenance and modification, and component MRO, as well as end-of-life disassembly services. This segment also provides aircraft modifications, cargo and tanker conversions of aircraft, and aircraft storage; and MRO services for landing gear, thrust reversers, hydraulic systems, and other aircraft components. The company was founded in 2008 and is headquartered in Coral Gables, Florida.

History

AerSale was established in 2007 with a clear vision to create a global market for the trading of surplus aircraft, engines and serviceable aviation material. AerSale's operations today span five continents and a wide-ranging customer base that includes major airlines, leasing companies, financial institutions, OEMs and independent operators. The company's foothold in the global market is bolstered by a team of certified airframe, engine, and component engineers collectively possessing more than 100 years of aviation experience.


Mission
Our mission is to deliver outstanding customer service and value by providing efficient and cost effective solutions, based on tailored expertise and global presence in Aviation operations.

Vision
AerSale strives to be an industry leader in the aviation ancillary services marketplace by leveraging the technical expertise of our employees and the excellent products and services we are committed to supplying.

Key Team

Mr. Martin Garmendia (CFO, Treasurer & Sec.)

Mr. Ronald Wolf (Sr. VP of Operations & Quality Assurance)

Mr. Charles P. McDonald (CTO & Divisional Pres of Heavy MRO Services)

Mr. Frederick Craig Wright (Division Pres of Aircraft & Engine Management)

Ms. Vanessa Russi-Machado (Sr. VP of HR)

Mr. Enrique Pizzi (Chief Information Officer)

Mr. James A. Fry (Exec. VP, Gen. Counsel & Corp. Sec.)


Recognition and Awards
AerSale has been awarded two consecutive Aviation Week Laureate awards in 2016 and 2017. In addition, AerSale was recently recognized by Inc. Magazine’s prestigious 5,000 fastest growing companies in the US.

References
AerSale
Leadership team

Mr. Nicolas Finazzo (Chairman, CEO & Division Pres of TechOps)

Mr. Robert B. Nichols (Exec. Vice Chairman & Division Pres of Asset Management Solutions)

Mr. Gary Edmund Jones (Pres of Materials Group)

Products/ Services
Aerospace, Manufacturing, Sales
Number of Employees
500 - 1000
Headquarters
Coral Gables, Florida, United States
Established
2008
Company Registration
SEC CIK number: 0001754170
Net Income
20M - 100M
Revenue
100M - 500M
Traded as
ASLE
Social Media
Wed Feb 28 2024
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