AerSale Pushes Ahead With Merger

COVID-19 has impacted on merger and acquisition deals, Valuations in the aftermarket have also taken a hit, with Aersale’s enterprise value falling from $430 million to $300 million under the terms of a revised marger with Monocle Acquisition.
Credit: Airbus
The coronavirus crisis has played havoc with merger and acquisition deals that were in the pipeline before the pandemic struck. In South Korea, takeovers of Asiana Airlines and Eastar Jet by HDC and Jeju Air, respectively, have both failed to complete, while in Europe reports suggest that IAG has...

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