Aersale reported quarterly revenue of $78.3 million, down on the $122.8 million in the first quarter of 2022. The company reported net income of $5,000 compared to the $17.2 million for the prior-year period, with adjusted net income of $3.3 million versus $22.2 million. Earnings per share were flat at 0.00, down on the 32 cents a share for Q1 2022. Earnings, or adjusted EBITDA, came to $5million, down almost $25 million year-on-year. Cash used in operating activities was $62.4 million, which Aersale said was “mainly due to continued investment in the 757 passenger to freighter  conversion programme”. The company

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