AerSale near conclusion of FAA certification process of AerAware

AerSale Corporation provided an update to the status of AerAware certification by the U.S. Federal Aviation Administration today. The company is nearing the conclusion of the FAA certification process of its Enhanced Flight Vision System “AerAware,” applicable to the Boeing 737NG and MAX aircraft. Nicolas Finazzo, AerSale’s Chief Executive Officer said, “Although we passed the flight-testing portion of the certification process on August 19th, there are several reports still under review by the FAA. This has led to a modestly longer-than-anticipated final approval process due in part to the 50 hours of extensive flight testing that occurred at the end of testing process, including the preparation and FAA review of post-flight summaries and final checklist items that are typical leading up to approval.” Finazzo added, “To date, no material issues have been identified by the FAA, and we see no impediment to certification of this system. Following final FAA acceptance and processing of all the reports submitted, we anticipate an award of the STC.”