AerSale Expected to Join Russell 2000® Index
AerSale Corporation (Nasdaq: ASLE) (the “Company”) is set to
join the Russell 2000® Index at the conclusion of the 2021 Russell
indexes annual reconstitution, effective after the US market opens
on June 28, 2021.
Index membership means automatic inclusion in the appropriate
growth and value style indexes also and remains in place for one
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $10.6 trillion in
assets are benchmarked against Russell’s US indexes. Russell
indexes are part of FTSE Russell, a leading global index
Forward Looking Statements
This press release includes “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995, including without
limitation statements regarding our anticipated financial
performance; our growth trajectory; the impact of investments in
our Boeing 757 program on our financial performance; our ability to
sell our aircraft on the timelines we anticipate; the expected
operating capacity of our MRO facilities; the expected commencement
date of sales of our AerAware product; and our anticipated revenue
split between our two segments. AerSale’s actual results may differ
from their expectations, estimates and projections and
consequently, you should not rely on these forward looking
statements as predictions of future events. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “continue,” and similar expressions are
intended to identify such forward-looking statements. Many factors
could cause actual future events to differ materially from the
forward-looking statements in this presentation, including without
limitation, the impact of the COVID-19 pandemic; factors adversely
impacting the commercial aviation industry; the fluctuating market
value of our products; our ability to repossess mid-life commercial
aircraft and engines; our ability to comply with stringent
government regulation; the shortage of skilled personnel, including
as a result of work stoppages; the highly competitive nature of the
markets in which we operate; and risks associated with our
international operations. You should carefully consider the
foregoing factors and the other risks and uncertainties described
in the “Risk Factors” section of the Company's Annual Report on
Form 10-K for the year ended December 31, 2020, filed with the
Securities and Exchange Commission ("SEC") on March 16, 2021, and
its other filings with the SEC, including its quarterly report on
Form 10-Q for the quarter ended March 31, 2021 filed with the SEC.
These filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements.
Forward-looking statements speak only as of the date they are made.
Readers are cautioned not to put undue reliance on forward-looking
statements, and AerSale Corporation assumes no obligation and does
not intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise, except as required by law.
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™).
For more information about AerSale, please visit our website:
www.AerSale.com. Follow us on: LinkedIn | Twitter | Facebook |
About FTSE Russell:
FTSE Russell is a global index leader that provides innovative
benchmarking, analytics and data solutions for investors worldwide.
FTSE Russell calculates thousands of indexes that measure and
benchmark markets and asset classes in more than 70 countries,
covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $17.9
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create ETFs, structured products
and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance and embraces the IOSCO Principles.
FTSE Russell is also focused on index innovation and customer
partnerships as it seeks to enhance the breadth, depth and reach of
FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com.
version on businesswire.com: https://www.businesswire.com/news/home/20210623005082/en/
Media Contact: AerSale: Craig Wright Telephone: (305)
764-3200 Email: email@example.com
Investor Contact: AerSale: AersaleIR@icrinc.com
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