Home > Boards > US Listed > Automotive and Transportation > AerSale Corporation (ASLE)
Followed By 218
Posts 11535
Boards Moderated 10
Alias Born 04/05/2009

Tuesday, January 05, 2021 11:25:43 PM

Re: None

Post# of 56
AerSale Announces Additional Boeing 757 Passenger-To-Freighter Conversions at Its Goodyear, AZ MRO Facility (1/05/21)

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

CORAL GABLES, Fla.--(BUSINESS WIRE)--AerSale, Inc., a leading global provider of aviation products and services (NASDAQ: ASLE), announced today 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’s Goodyear, AZ heavy-MRO facility has been performing P2F conversions on 757 aircraft since 2013. “There is no rival to the B757 as a freighter, and with our younger, high-spec, and well maintained fleet we are ideally positioned to support cargo airlines with turnkey freighters to meet the booming e-commerce market,” stated Craig Wright, AerSale’s President of Aircraft & Engine Management. “Post-COVID, the lack of freight capacity has been further exacerbated by the dramatic decrease in passenger aircraft flights whose cargo holds have typically carried the bulk of global air freight.”

AerSale’s fleet of 24 B757-200 aircraft are presently stored at its Roswell, New Mexico MRO facility. AerSale will ferry these aircraft to its Goodyear, AZ facility for the performance of P2F conversions.

Nicolas Finazzo, AerSale’s Chairman & CEO added, “Because of AerSale’s integrated product and services offerings, we are well positioned to transition a large fleet of passenger aircraft to their best and highest use, whether through outright sale, leasing, or P2F conversions, and at both the whole aircraft and component level for engines and used serviceable material (“USM”) piece-parts. We are confident we can offer our customers these high quality products at competitive prices.”

About AerSale

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. AerSale’s offerings include: Aircraft & Component MRO, Aircraft and Engine Sales and Leasing, Used Serviceable Material sales, and internally developed ‘Engineered Solutions’ to enhance aircraft performance and operating economics (e.g. AerSafe™, AerTrak™, and now AerAware™).

https://www.businesswire.com/news/home/20210105005470/en/AerSale-Announces-Additional-Boeing-757-Passenger-To-Freighter-Conversions-at-Its-Goodyear-AZ-MRO-Facility
Recent ASLE News

IGEN Networks Corporation wins award to provide Medallion GPS to New York State Counties IGEN Jun 24, 2022 6:00 AM

BOX Pure Air Supplies Highland Park Independent School District (TX) AIRBOX ™ Air Purification Units Improving Air Quality in Schools SING Jun 23, 2022 1:05 PM

Gaensel Energy Group, Inc. (GEGR) Presents Its Partners and Activities of Its CONSORZIO GREEN SOLUTION & GNL GEGR Jun 23, 2022 11:40 AM

Resgreen Group Announces Major Milestone with LilBuddy ™ Pilot Testing RGGI Jun 23, 2022 7:07 AM

Demand Brands engages BF Borgers CPA PC as auditor DMAN Jun 22, 2022 9:11 AM

Global Fiber Technologies, Inc., Closes its First Round of Inventory Financing. GFTX Jun 22, 2022 9:00 AM

Maison Luxe Appoints Aether Diamonds CEO Ryan Shearman to Its Board of Directors MASN Jun 22, 2022 8:54 AM

Pasithea Therapeutics Acquires Alpha-5 Integrin, LLC KTTA Jun 22, 2022 8:07 AM

Amesite Launches V5 Platform, Enabling Every Business, University and Museum to Deliver or Sell AI-Powered, Branded eLearning AMST Jun 22, 2022 7:34 AM

Dalrada Financial Corporation Appoints Brian McGoff as President and Chief Operating Officer DFCO Jun 21, 2022 9:30 AM

Global Arena Holding Initiates 1 for 12 Reverse in Support of Potential Capital and Growth Endeavors GAHC Jun 21, 2022 7:21 AM

Hillcrest Investor Technology Poised For Central Role In The Reimagined Energy Future HLRTF Jun 20, 2022 6:04 AM

Co Brand Partners Investing in Social Revolution Jun 17, 2022 4:00 AM

Resgreen Group Announces Release of Significant Update to BotWay ™ Fleet and Management System RGGI Jun 16, 2022 6:00 AM

GoDaddy Founder, Bob Parsons Details Journey of Healing Through Psychedelics in Exclusive Interview With PSYC PSYC Jun 15, 2022 8:30 AM

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y