14 March 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
AerSale Corp
CIK: 1754170•3 Annual Reports•Latest: 2026-03-10
10-K / March 10, 2026
Revenue:$335,286,000
Income:$8,575,000
10-K / March 11, 2025
Revenue:$345,066,000
Income:$5,851,000
10-K / March 27, 2024
Revenue:$334,503,000
Income:-$5,563,000
10-K / March 10, 2026
AerSale Corporation
Company overview
AerSale operates two primary reporting segments that together support mid-life commercial aircraft:
- Asset Management Solutions
- TechOps (maintenance, repair and overhaul)
The company’s mission is to provide full-service support to owners and operators of mid-life aircraft, helping them maintain these assets cost-effectively through an integrated suite of services.
Asset Management Solutions (≈63% of 2025 revenue)
- Business model: acquire flight equipment (airframes and engines) from airlines and lessors; monetize through sale and lease; disassemble end-of-life assets to recover used serviceable material (USM).
- Revenue streams:
- Sale and lease of whole aircraft and engines
- Disassembly for USM parts
- Third-party USM parts sales and related services
- Strategic advantages: extend monetization over a longer asset lifecycle, cross-sell with TechOps services, and use USM to reduce customer costs.
- Customer value: offers an alternative to buying new aircraft or parts by using integrated capabilities to optimize total value from flight equipment.
TechOps (≈37% of 2025 revenue)
- Core offering: nose-to-tail MRO services for popular commercial aircraft, engines, and components, including disassembly and recycling for retiring aircraft.
- Component and product focus:
- Specialized component MRO (hydraulics, composites, pneumatics, fuel systems, electro-mechanical systems, interiors, etc.)
- Engineered Solutions (proprietary repairs and modifications, STCs, PMA-based components) designed to lower maintenance costs and improve performance
- Engineered Solutions examples:
- AerSafe®: FAA/STC-approved fuel tank flammability mitigation solutions; approved by FAA for certain models and by EASA
- AerAware™: Enhanced Flight Vision System (EFVS) with FAA approval for Boeing 737NG and related platforms
- Regulatory and capabilities: FAA- and EASA-certified repair stations; PMA authority; STCs; airworthiness system integrations; in-house engineering to support MRO and modifications.
Government and international scope
- Global footprint with six FAA/EASA-certified repair stations (airframe and/or components) and international approvals for Engineered Solutions.
- Functional currency: U.S. dollar.
- Substantial international business: non-U.S. customers accounted for about 46% of 2025 revenue.
Customers and revenue concentration
- More than 1,000 customers worldwide.
- Customer loyalty and multi-service engagement:
- All of the top ten customers by revenue in 2025 had been customers for five years or more.
- 67% of revenue from the top 100 customers came from customers using more than one service offering.
People and places
- Employees: 704 worldwide as of February 1, 2026; approximately 117 contract workers.
- About 99% of employees are based in the United States.
- Key facilities:
- Goodyear, Arizona: aircraft MRO, storage, modification, disassembly (TechOps)
- Roswell, New Mexico: aircraft MRO, storage, disassembly, distribution (TechOps and Asset Management)
- Millington, Tennessee: aircraft MRO, flight control surfaces, disassembly (TechOps)
- Rio Rancho, New Mexico: landing gear MRO (TechOps)
- Doral, Florida: corporate headquarters; Engineered Solutions; flight equipment management (Corporate, Asset Management, TechOps)
- Miami, Florida: Engineered Solutions operations; component MROs (PMA, hydraulic/pneumatic/electro-mechanical)
- Hialeah Gardens, Florida: flight control surfaces (TechOps)
- Memphis, Tennessee: USM sales and distribution (Asset Management)
- Space and capacity:
- Combined facilities offer more than 530,000 square feet of hangar space and long-term storage capacity for up to 650 aircraft at main MRO sites.
- USM parts distribution from a dedicated Memphis warehouse plus on-site storage at Roswell.
Intellectual property and product development
- No patents; relies on trade secrets, proprietary analytics, market intelligence, and price modeling.
- Engineered Solutions are developed internally and proceed through FAA approvals (STCs, PMA).
- In-house FAA-designated and regulatory-approved personnel support design, repair, modification, and installation activities.
Growth and strategy
- Broaden MRO capabilities using FAA “unlimited” repair station licenses.
- Expand government business in the U.S. and abroad for USM and MRO services.
- Grow Engineered Solutions offerings.
- Expand geographic footprint and international allocations.
- Pursue strategic acquisitions to extend capabilities and service offerings.
Corporate history
- Monocle Acquisition Corporation formed in 2018; business combination completed December 22, 2020.
- Post-merger, AerSale Aviation (formerly AerSale Corp.) and Monocle’s assets were combined and the company was renamed AerSale Corporation. AerSale Aviation became a wholly owned subsidiary.
Financial and operational metrics (selected)
- 2025 revenue mix by segment:
- Asset Management Solutions: ~63%
- TechOps: ~37%
- Non-U.S. revenue share (2025): ~46%
- Top customer relationships: all top ten customers had 5+ years of engagement; 67% of 2025 revenue from the top 100 customers came from customers using more than one service offering
- Employees: 704 worldwide as of February 1, 2026; 117 contract workers
