AerSale reports fourth quarter and full year 2021 results

AerSale has reported full year 2021 revenue of $340.4 million, up 62.9% year-over-year, with a full year adjusted net income of $63.6 million, or 18.7% of sales. The company’s adjusted EBITDA was $89.3 million or 26.2% of sales for full year 2021, up 73.2% year-over-year. AerSale reported revenue of $116.8 million for the fourth quarter of 2021, which included $73.1 million of flight equipment sales. Revenue in the fourth quarter of 2020 was $49.4 million and did not include any flight equipment sales. During 2021, AerSale sold nine aircraft, two airframes, and ten engines, and notes that it expects to