AerSale Corporation, a provider of integrated aftermarket services and products for large jets, has released its financial results for the first quarter of 2025. The company reported a significant decrease in revenue and net income compared to the same period last year, primarily due to fewer whole asset sales. Financial Highlights For the first quarter of 2025, AerSale reported a revenue of $65.8 million, a 27.4% decrease from $90.5 million in the prior year period. The GAAP net loss was $5.3 million, compared to a GAAP net income of $6.3 million in the first quarter of 2024. Adjusted net loss was $2.7 million, down from an adjusted net income of $5.5 million in the prior year period. Adjusted EBITDA also saw a decline, coming in at $3.2 million versus $9.0 million in the previous year. Business and Operational Highlights During the first quarter of 2025, AerSale sold one engine, compared to one aircraft and four engines in the prior year period.