SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 9)

AerSale Corporation

(Name of Issuer)

Common Stock, par value $0.0001

(Title of Class of Securities)

00810F106

(CUSIP Number)

Candice Choh, Melanie E. Neary
Gibson, Dunn & Crutcher LLP, 333 South Grand Avenue
Los Angeles, CA, 90071-3197
(213) 229-7000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

09/11/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No.

00810F106

Name of reporting person

Green Equity Investors CF, L.P.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,300,861.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,300,861.00

Aggregate amount beneficially owned by each reporting person

2,300,861.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.9 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

00810F106

Name of reporting person

Green Equity Investors Side CF, L.P.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,300,861.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,300,861.00

Aggregate amount beneficially owned by each reporting person

2,300,861.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.9 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

00810F106

Name of reporting person

LGP Associates CF LLC

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,300,861.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,300,861.00

Aggregate amount beneficially owned by each reporting person

2,300,861.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.9 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

00810F106

Name of reporting person

GEI Capital CF, LLC

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,300,861.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,300,861.00

Aggregate amount beneficially owned by each reporting person

2,300,861.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.9 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

00810F106

Name of reporting person

Leonard Green & Partners, L.P.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,300,861.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,300,861.00

Aggregate amount beneficially owned by each reporting person

2,300,861.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.9 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

00810F106

Name of reporting person

LGP Management, Inc.

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,300,861.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,300,861.00

Aggregate amount beneficially owned by each reporting person

2,300,861.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.9 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

00810F106

Name of reporting person

Peridot Coinvest Manager LLC

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,300,861.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,300,861.00

Aggregate amount beneficially owned by each reporting person

2,300,861.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in Row (11)

4.9 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

Common Stock, par value $0.0001

(b)

Name of Issuer:

AerSale Corporation

(c)

Address of Issuer's Principal Executive Offices:

9850 NW 41st Street, Suite 400, Doral, FLORIDA , 33178.

Item 1 Comment:

This Amendment No. 9 to Schedule 13D relates to shares of Common Stock, par value $0.0001 per share (the "Common Stock"), of AerSale Corporation, a Delaware corporation (the "Issuer") and amends and supplements the Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on December 3, 2020, as amended by Amendment No. 1 to Schedule 13D, filed with the SEC on April 2, 2021, Amendment No. 2 to Schedule 13D, filed with the SEC on April 20, 2021, Amendment No. 3 to Schedule 13D filed with the SEC on October 26, 2021, Amendment No. 4 to Schedule 13D filed with the SEC on August 23, 2022, Amendment No. 5 to Schedule 13D filed with the SEC on November 22, 2022, Amendment No. 6 to Schedule 13D filed with the SEC on June 2, 2023, Amendment No. 7 to Schedule 13D filed with the SEC on December 19, 2023 and Amendment No. 8 to Schedule 13D filed with the SEC on March 18, 2025 (collectively, the "Schedule 13D"). This Amendment No. 9 is being filed to amend and supplement the Schedule 13D to reflect the sale by Green Equity Investors CF, L.P. ("GEI CF"), Green Equity Investors Side CF, L.P. ("GEI Side CF"), and LGP Associates CF LLC ("Associates CF") of 840,389 shares of Common Stock. Capitalized terms used by not defined herein have the meaning given to them in the Schedule 13D.

Item 2.

Identity and Background

(a)

The disclosure provided in Item 2 of the Schedule 13D is updated to include the following additional disclosure. (a) As of the date of this statement, (i) GEI CF is the record owner of 1,695,416 shares of Common Stock, (ii) GEI Side CF is the record owner of 605,111 shares of Common Stock, and (iii) Associates CF is the record owner of 334 shares of Common Stock.

Item 3.

Source and Amount of Funds or Other Consideration

The disclosure provided in Item 3 of the Schedule 13D is updated to include the following disclosure. As of the date of this statement, GEI CF held 1,695,416 shares of Common Stock, GEI Side CF held 605,111 shares of Common Stock, and Associates CF held 334 shares of Common Stock, representing an aggregate of 2,300,861 shares of Common Stock.

Item 4.

Purpose of Transaction

The disclosure provided in Item 4 of the Schedule 13D is updated to include the following disclosure. On August 13, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 53,987 shares of Common Stock in an open market sale, at a weighted average price of $8.59 per share for aggregate gross proceeds of $463,899. On August 14, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 23,034 shares of Common Stock in an open market sale, at a weighted average price of $8.54 per share for aggregate gross proceeds of $196,643. On August 15, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 25,560 shares of Common Stock in an open market sale, at a weighted average price of $8.53 per share for aggregate gross proceeds of $218,067. On August 18, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 68,200 shares of Common Stock in an open market sale, at a weighted average price of $8.88 per share for aggregate gross proceeds of $605,727. On August 19, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 25,600 shares of Common Stock in an open market sale, at a weighted average price of $8.79 per share for aggregate gross proceeds of $225,065. On August 20, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 65,071 shares of Common Stock in an open market sale, at a weighted average price of $8.84 per share for aggregate gross proceeds of $574,941. On August 21, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 27,860 shares of Common Stock in an open market sale, at a weighted average price of $8.90 per share for aggregate gross proceeds of $247,823. On August 22, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 76,380 shares of Common Stock in an open market sale, at a weighted average price of $8.94 per share for aggregate gross proceeds of $682,562. On August 25, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 22,597 shares of Common Stock in an open market sale, at a weighted average price of $8.89 per share for aggregate gross proceeds of $200,975. On August 26, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 41,600 shares of Common Stock in an open market sale, at a weighted average price of $9.00 per share for aggregate gross proceeds of $374,313. On August 27, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 27,600 shares of Common Stock in an open market sale, at a weighted average price of $8.79 per share for aggregate gross proceeds of $242,656. On August 28, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 60,000 shares of Common Stock in an open market sale, at a weighted average price of $8.87 per share for aggregate gross proceeds of $532,476. On August 29, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 27,700 shares of Common Stock in an open market sale, at a weighted average price of $8.62 per share for aggregate gross proceeds of $238,746. On September 2, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 33,100 shares of Common Stock in an open market sale, at a weighted average price of $8.39 per share for aggregate gross proceeds of $277,752. On September 3, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 33,000 shares of Common Stock in an open market sale, at a weighted average price of $8.41 per share for aggregate gross proceeds of $277,593. On September 4, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 36,800 shares of Common Stock in an open market sale, at a weighted average price of $8.57 per share for aggregate gross proceeds of $315,516. On September 5, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 24,800 shares of Common Stock in an open market sale, at a weighted average price of $8.54 per share for aggregate gross proceeds of $211,705. On September 8, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 33,300 shares of Common Stock in an open market sale, at a weighted average price of $8.40 per share for aggregate gross proceeds of $279,703. On September 9, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 25,800 shares of Common Stock in an open market sale, at a weighted average price of $8.20 per share for aggregate gross proceeds of $211,679. On September 10, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 44,100 shares of Common Stock in an open market sale, at a weighted average price of $8.36 per share for aggregate gross proceeds of $368,566. On September 11, 2025, GEI CF, GEI Side CF and Associates CF sold an aggregate of 64,300 shares of Common Stock in an open market sale, at a weighted average price of $8.65 per share for aggregate gross proceeds of $556,240.

Item 5.

Interest in Securities of the Issuer

(a)

The information set forth in Item 2 and the cover page of this Schedule 13D is hereby incorporated by reference into this Item 5.

(b)

The information set forth in Item 2 and the cover page of this Schedule 13D is hereby incorporated by reference into this Item 5.

(c)

Except as reported herein, the Reporting Persons have not effected any transactions with respect to shares of Common Stock in the last 60 days.

(d)

Not applicable.

(e)

September 11, 2025

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Green Equity Investors CF, L.P.

Signature:	/s/ Andrew C. Goldberg
Name/Title:	Andrew C. Goldberg, Senior Vice President, General Counsel and Secretary of GEI Capital CF, LLC, its General Partner
Date:	09/15/2025

Green Equity Investors Side CF, L.P.

Signature:	/s/ Andrew C. Goldberg
Name/Title:	Andrew C. Goldberg, Senior Vice President, General Counsel and Secretary of GEI Capital CF, LLC, its General Partner
Date:	09/15/2025

LGP Associates CF LLC

Signature:	/s/ Andrew C. Goldberg
Name/Title:	Andrew C. Goldberg, Senior Vice President, General Counsel and Secretary of Peridot Coinvest Manager LLC, its Manager
Date:	09/15/2025

GEI Capital CF, LLC

Signature:	/s/ Andrew C. Goldberg
Name/Title:	Andrew C. Goldberg, Senior Vice President, General Counsel and Secretary
Date:	09/15/2025

Leonard Green & Partners, L.P.

Signature:	/s/ Andrew C. Goldberg
Name/Title:	Andrew C. Goldberg, Senior Vice President, General Counsel and Secretary of LGP Management, Inc., its General Partner
Date:	09/15/2025

LGP Management, Inc.

Signature:	/s/ Andrew C. Goldberg
Name/Title:	Andrew C. Goldberg, Senior Vice President, General Counsel and Secretary
Date:	09/15/2025

Peridot Coinvest Manager LLC

Signature:	/s/ Andrew C. Goldberg
Name/Title:	Andrew C. Goldberg, Senior Vice President, General Counsel and Secretary
Date:	09/15/2025

Amendment: SEC Form SCHEDULE 13D/A filed by AerSale Corporation