AerSale hits $58.4 million revenue in first quarter 2021.

AerSale Corporation has reported its results for the first quarter ended March 31, 2021, which demonstrated the aviation specialists had overall revenues of $58.4 million.   This includes $13.8 million of flight equipment sales consisting of one B737-800 airframe and two Pratt & Whitney PW4000 engines sold to three different freighter operators, and one Pratt & Whitney PW4000 sold for parts. 

AerSale serves airlines operating large jets manufactured by Boeing, Airbus and McDonnell Douglas and is dedicated to providing integrated aftermarket services and products designed to help aircraft owners and operators to realize significant savings in the operation, maintenance and monetization of their aircraft, engines, and components. 

Revenue performance continued to improve during the period, with near capacity MRO maintenance schedules, at capacity storage facilities, and contributions from select engine sales. Offsetting this strength was softer demand for USM parts from the continued effect of COVID-19 on AerSale’s commercial customers and the conclusion of three B747 lease programs that contributed to the prior-year results.

AerSale announces additional Boeing 757 Passenger-To-Freighter conversions at Its Goodyear base

 AerSale’s Recent Acquisition of 24 Boeing 757-200 Passenger Aircraft Stored at AerSale’s Roswell, NM Facility Will Fuel Demand for More Dedicated Freighter Aircraft

AerSale, Inc., a leading global provider of aviation products and services, announced this week that it has inducted the first of its 24-owned Boeing 757-200 aircraft for passenger-to-freighter (“P2F”) conversion at its heavy-MRO center in Goodyear, AZ. The first aircraft was delivered by Boeing in 1999 to American Airlines. All 24 of these aircraft are powered by Rolls-Royce RB211-535 engines, making this fleet the narrow-body freighter of choice due to its attractive payload, range and cost of ownership characteristics.

AerSale buys 24 Boeing 757-200s and spare engines currently in storage at Roswell, New Mexico Airport.

Photo AerSale

AerSale, Inc. one of the leading providers of aviation products and services has announced this week that it has entered into a purchase agreement for 24 Boeing 757-200 passenger aircraft stored at AerSale’s Heavy MRO (maintenance, repair and overhaul) facility located at the Roswell Air Center in New Mexico. All of these aircraft are equipped with Rolls-Royce RB211-535 series engines, and 16 spares are included with the purchase.