Market Overview

FAA Approves AerTrak for Boeing 757-200 Series Aircraft to Comply with Automatic Dependent Surveillance-Broadcast (ADS-B) Operations Mandate

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The Federal
Aviation Administration (FAA)
has issued a Supplemental Type
Certificate (STC) for installation of AerSale®'s
AerTrak™ system on Boeing 757-200 series aircraft (ST04011NY), to comply
with the Automatic
Dependent Surveillance-Broadcast (ADS-B) Operations rule
, a critical
part of the agency's Next
Generation Air Transportation System (NextGen)
. Beginning January 1,
2020, the FAA has mandated that aircraft operating in airspace defined
by 14 CFR § 91.225 must be equipped with an ADS-B Out system that meets
the minimum performance requirements of 14 CFR § 91.227. The FAA
approved AerTrak for Boeing 737 NG series aircraft (ST04009NY) earlier
this year.

ADS-B provides enhanced navigational accuracy using precise tracking via
global positioning satellite (GPS) signals. Reducing risk and improving
safety, the technology increases navigational coverage, especially in
remote areas beyond radar range. Additionally, ADS-B enables more direct
flight plans, thereby saving time, costs, and reducing emissions.

"Given the FAA's concern over the low rate of aircraft upgrades versus
the approaching deadline, AerTrak offers an easy path to ADS-B Out
compliance," said Iso Nezaj, Chief Technical Officer at AerSale.
"Operators of Boeing 757 and 737 NG series aircraft especially
appreciate that AerTrak can be used with any OEM transponder/MMR
combination and seamlessly integrates with most existing avionics and
cockpit controls—making it very cost-effective."

AerTrak kits include all necessary parts and can be installed by
AerSale's technicians at any hangar around the world, typically
requiring only three days of ground time. Lead time for ordering AerTrak
is currently four weeks and allows operators to avoid potential
installation facility backlogs, component shortages, and price premiums
as the 2020 compliance deadline nears. In the coming months, AerTrak
will be expanded to cover additional aircraft types.

About AerSale

A global aviation leader, AerSale specializes in the sale, lease, and
exchange of used aircraft, engines, and components, in addition to
providing a broad range of maintenance, repair, and overhaul (MRO) and
engineering services for commercial aircraft and components. AerSale
also offers asset management services to owners of end-of-life aircraft
and engine portfolios. Headquartered in Coral Gables, Florida, AerSale
maintains offices and operations in the United States, Europe, and Asia.

For more information, visit our website at www.aersale.com
or contact AerSale Media Relations by calling (305) 764-3200 or via
e-mail at media.relations@aersale.com.

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