FTAI Aviation

Fitch Ratings has upgraded FTAI Aviation from BB- to BB+, with the firm's outlook maintained as "stable".The key drivers for the upgrade were FTAI's strategic focus on “widely deployed” narrowbody CFM...

FTAI Aviation priced its $400 million senior notes due 2033 in a private offering through its subsidiary Fortress Transportation and Infrastructure Investors on September 30, 2024. The notes are guara...

FTAI Aviation has completed the acquisition of Lockheed Martin Commercial Engine Solutions (LMCES) on September 9, 2024, from Lockheed Martin Canada. LMCES is a 526,000 square foot aircraft engine mai...

FTAI Aviation and IAE International Aero Engines AG (IAE) have signed a five-year maintenance services agreement for V2500 engines. The agreement includes over 100 full performance restoration shop...

FTAI Aviation has purchased Lockheed Martin Commercial Engine Solutions (LMCES) from Lockheed Martin Canada for $170 million on May 30, 2024. The acquisition is set to close in the second half of the ...

CFM56 engines, modules, and material supplier FTAI Aviation reported total revenues of $326.7 million in the first quarter of 2024, up from $292.7 million year-on-year (YoY). Its net income was $39.6 ...

Indian airline SpiceJet has welcomed the return of its leased 787-800, registered as VT-SLM, which was seized by creditors in Dubai on 30 November 2023 following an unscheduled diversion. The aircraft...

FTAI Aviation has reported net income of $32.973 million and $145.218 million adjusted EBITDA for the third quarter 2023. The company declared a cash dividend on FTAI’s ordinary shares of $0.30 per sh...

FTAI Aviation reported net income attributable to shareholders of $46.4 million as of second quarter 2023. Out of this the income from aerospace products was $30.1 million. The company generated $148....

FTAI Aviation will lease up to 20 engines to SpiceJet to reactivate its grounded fleet over the next couple of months. “This partnership will reduce the reduce maintenance expense and minimise aircraf...

FTAI Aviation has priced its previously announced registered underwritten public offering of 2.6 million fixed-rate reset series D cumulative perpetual redeemable preferred shares. Jet engine business...

FTAI Aviation and Unical Aviation has completed the acquisition of substantially all of the assets of iAero Thrust. The acquired assets and facilities are based in Miami and will be rebranded QuickTur...