CWT Draft 12-21-20
Strictly Confidential
Exhibit 21.1
List of Subsidiaries
| Name of Subsidiary | Jurisdiction of Formation |
| Monocle Acquisition Corporation | Delaware |
| AerSale Aviation, Inc. | Delaware |
| AerSale, Inc. | Florida |
| AerSale Component Solutions, Inc. | New Mexico |
| Avborne Accessory Group, Inc. | Delaware |
| Aircraft Composite Technologies, Inc. | Florida |
| Aircraft MSN 24125 Trust | Utah Trust |
| AerSale Aviation Limited | Ireland |
| AerSale 25362 Aviation Limited | Ireland |
| AerSale 25430 Aviation Limited | Ireland |
| AerSale 27043 Aviation Limited | Ireland |
| AerSale 27469 Aviation Limited | Ireland |
| AerSale 27910 Aviation Limited | Ireland |
| AerSale 28149 Aviation Limited | Ireland |
| AerSale Ireland 1 Limited | Ireland |
| Gables MSN 26343 Limited | Ireland |
| Coral Gables 1 Limited | Ireland |
| Coral Gables 2 Limited | Ireland |
| AerSale Labuan 1 Limited | Labuan (Malaysia) |
| Qwest Air Parts, Inc. | Florida |
| Q2 Aviation LLC | Tennessee |
| AerSale 23440 LLC | Delaware |
| AerSale 23441 LLC | Delaware |
| AerSale 23765 LLC | Delaware |
| AerSale 24423 LLC | Delaware |
| AerSale 25212 LLC | Delaware |
| AerSale 25260 LLC | Delaware |
| AerSale 25313 LLC | Delaware |
| AerSale 25314 LLC | Delaware |
| AerSale 25417 LLC | Delaware |
| AerSale 26342 LLC | Delaware |
| AerSale 26343 LLC | Delaware |
| AerSale 26346 LLC | Delaware |
| AerSale 27043 LLC | Delaware |
| AerSale 27469 LLC | Delaware |
| AerSale 27910 LLC | Delaware |
| AerSale 27094 LLC | Delaware |
| AerSale USA 1 LLC | Delaware |
| AerSale USA 2 LLC | Delaware |
| AerSale USA 2 Sub LLC | Delaware |