SurvivorIndustrials
What Happened to AerSale?
Ticker: ASLESPAC Year: 2018
Return
-37.1%
Current Price
$6.29
Peak Price
$24.2
Trust Size
$640M
Summary
AerSale is an integrated aviation aftermarket company providing aircraft and engine sales, maintenance repair and overhaul (MRO) services, and used serviceable material to airlines worldwide.
What Happened
AerSale went public in December 2020 through a merger with Monocle Acquisition Corporation. The company provides a full suite of aviation aftermarket services including buying, selling, and leasing aircraft and engines, as well as MRO services and parts distribution. AerSale has benefited from aging global aircraft fleets that require more aftermarket support.
Timeline
2018-11-21
S-1 Registration Filed