AerSale Receives Boeing 737NG Supplemental Type Certificate for its Enhanced Flight Vision System “AerAware”

AerSale Corporation (NASDAQ: ASLE) (“AerSale”, the "Company"), a leading provider of aviation products and services, announced today that the FAA has issued AerSale a Supplemental Type Certificate (STC) for “AerAware”, the Company’s revolutionary Enhanced Flight Vision System (EFVS) for the Boeing B737NG product line.¹ This achievement marks the world's first commercial EFVS system² to achieve a 50% visual advantage (over unaided natural vision) and the first large transport aircraft to be certified with a complete dual-pilot EFVS solution featuring a Head-Wearable Display. AerSale developed the AerAware certification program under license with The Boeing Company, which included access to necessary technical services, maintenance, and engineering data.

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AerAware 737-800 (Photo: Business Wire)

The certification of AerAware is the result of a collaboration with Universal Avionics, an Elbit Systems company, which features the integration of ClearVision technology developed by their team, including dual SkyLens Head-Wearable Displays and a state-of-the-art EVS-5000 multispectral camera providing heads-up capability to overcome low visibility – both day and night. AerAware incorporates Synthetic Vision and Enhanced Vision Systems along with Primary Flight Display symbology, resulting in a user-controlled Combined Vision System that substantially increases situational awareness during all phases of flight including low visibility operations.

Nicolas Finazzo, AerSale’s Chief Executive Officer, stated, "Today marks a milestone achievement for AerSale as we announce the FAA’s issuance of a Supplemental Type Certificate for AerAware. I am proud of our team and grateful to our partners and the FAA for their tireless effort to complete a comprehensive and robust certification process and bring AerAware to its commercialization phase.”

Finazzo added, “This achievement not only establishes AerAware as the world's first commercial EFVS system with a remarkable 50% visual advantage, but also puts the Company in a leadership position to provide this advanced technology to airlines operating the Boeing 737NG family of aircraft. The proposition to customers is compelling, as enhanced safety combined with improved efficiency lowers airline operating costs, while reducing system bottlenecks and advancing environmental initiatives.”