v3.25.4
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2025
INTANGIBLE ASSETS  
Schedule of intangible assets with indefinite lives

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

  ​ ​ ​

December 31, 2025

  ​ ​ ​

December 31, 2024

Asset Management:

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 Net book value of intangible assets with definite lives are as follows (in thousands):

  ​ ​ ​

Useful Life

  ​ ​ ​

  ​ ​ ​

 In Years

December 31, 2025

December 31, 2024

Asset Management:

Customer relationships

10

$

3,213

$

4,187

ALGS:

  ​

 

 

Customer relationships

10

 

-

 

10

ACS:

  ​

 

  ​

 

  ​

Customer relationships

10

 

613

 

823

ACT:

  ​

 

 

Customer relationships

10

 

3,583

 

4,505

AerSale:

AerAware flight manuals

10

608

675

Total intangible assets with definite lives, net

$

8,017

$

10,200

Schedule of amortization expense

Amortization expense was as follows (in thousands):

Year Ended December 31, 

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Amortization expense

$

2,184

$

2,131

$

2,126

Schedule of estimated aggregate amount of amortization expense for intangible assets

The estimated aggregate amount of amortization expense for intangible assets is as follows (in thousands):

Year ending December 31:

2026

$

2,174

2027

2,174

2028

2,157

2029

1,176

2030

68

Thereafter

268

Total estimated aggregate amortization expense

$

8,017