AerSale Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of intangible assets with indefinite lives

Goodwill and other intangibles assets, net consisted of the following (in thousands):


	March 31, 2025		December 31, 2024
Qwest:
FAA Certifications	$	724	$	724
Goodwill		13,416		13,416
ALGS:
FAA Certifications		710		710
Goodwill		379		379
ACS:
Trademarks		600		600
FAA Certifications		7,300		7,300
Goodwill		63		63
ACT:
Trademarks		200		200
FAA Certificates		796		796
Goodwill		6,002		6,002
Total intangible assets with indefinite lives	$	30,190	$	30,190

Schedule of intangible assets with definite lives

Intangible assets with definite useful lives are amortized on a straight-line basis over their estimated useful lives. Net book value of intangible assets with definite lives are as follows (in thousands):


	Useful Life
	In Years	March 31, 2025		December 31, 2024
Qwest:
Customer relationships	10	$	3,947	$	4,187
ALGS:
Customer relationships	10		5		10
ACS:
Customer relationships	10		770		823
ACT:
Customer relationships	10		4,277		4,505
AerSale:
AerAware Flight manuals	10		659		675
Total intangible assets with definite lives, net		$	9,658	$	10,200