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AerSale Says Aging Fleets, Engine Shortages Keep Aviation Aftermarket Demand Strong

USM Jefferies Nasdaq MarketBeat Supply chain

AerSale (NASDAQ:ASLE) Chief Financial Officer Martin Garmendia said the aviation aftermarket remains supported by aging fleets, strong passenger demand and supply chain constraints that are extending the service lives of existing aircraft.

Speaking at Jefferies’ second annual MRO Summit, Garmendia described AerSale as operating at the intersection of three aftermarket businesses: trading and leasing mid-life aircraft and engines, tearing down assets for used serviceable material, or USM, and operating maintenance, repair and overhaul facilities.

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