Strong Performance in USM and MRO Business Units
Continued growth in USM, landing gear, and component MRO business units, higher leasing revenue, and increased sales of AerSafe.
Improved Feedstock Acquisition
Acquired $43.4 million of feedstock with a 10.4% win rate, taking advantage of favorable market conditions.
Significant Revenue Growth Excluding Whole Assets
Revenue increased 81.7% to $37.5 million excluding whole asset sales, driven by stronger USM sales and a larger active lease pool.
Positive Outlook for AerAware and AerSafe
Increased AerSafe deliveries and active discussions with potential AerAware customers; backlog of $11 million with sufficient orders for 2025 financial plan.
MRO Facility Expansion
Progress on component MRO facility expansion projects, expected to generate new incremental revenue within the next 30 to 60 days.