AerSale Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2022

Schedule of intangible assets with indefinite lives

Goodwill and other intangibles as of the below dates are (in thousands):


	June 30, 2022		December 31, 2021
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. Intangible assets with definite lives as of the below dates are as follows (in thousands):


	Useful Life
	In Years	June 30, 2022		December 31, 2021
Qwest:
Customer relationships	10	$	6,627	$	7,109
ALGS:
Customer relationships	10		60		70
ACS:
Customer relationships	10		1,348		1,453
ACT:
Customer relationships	10		6,818		7,276
Total intangible assets with definite lives		$	14,853	$	15,908