STOCK TITAN

FTAI Aviation Ltd. - FTAI STOCK NEWS

Welcome to our dedicated page for FTAI Aviation Ltd. news (Ticker: FTAI), a resource for investors and traders seeking the latest updates and insights on FTAI Aviation Ltd. stock.

FTAI Aviation Ltd. (NASDAQ: FTAI) is a leading aerospace company specializing in the ownership and maintenance of commercial jet engines, with a particular focus on CFM56 and V2500 engines. FTAI's proprietary portfolio, including The Module Factory and a joint venture for manufacturing engine PMA (Parts Manufacturer Approval), allows the company to provide significant cost savings and flexibility to its airline, lessor, and maintenance, repair, and operations (MRO) customers. The company also invests in aviation assets and aerospace products that offer strong and stable cash flows along with potential for earnings growth and asset appreciation.

Core Business Segments

  • Aviation Leasing: FTAI’s aviation leasing segment focuses on leasing aircraft and aircraft engines. As of December 31, 2019, this segment managed 238 assets, comprising 74 aircraft and 164 commercial engines. The leasing operations facilitate the acquisition of engines at attractive prices, bolstering the company's strategic asset management.
  • Jefferson Terminal: The Jefferson Terminal segment is involved in developing a multi-modal crude oil and refined products handling terminal at the Port of Beaumont, Texas. This segment also owns assets crucial to the transportation and processing of crude oil and related products.
  • Ports and Terminals: This segment operates significant port assets, including Repauno, a 1,630-acre deep-water port along the Delaware River, and Long Ridge, a 1,660-acre multi-modal port along the Ohio River.

Business Strategy and Financial Performance

FTAI Aviation Ltd. focuses on generating strong and stable cash flows through its diversified aviation assets and strategic investments. The company's proprietary products and strategic joint ventures ensure cost efficiency and operational flexibility for its clients, fostering long-term relationships and recurring revenue streams.

Recent Achievements and Developments

FTAI Aviation Ltd. recently announced the commencement of a public offering of 2,090,561 ordinary shares by FIG LLC and an employee of FIG LLC. Citigroup is acting as the sole underwriter for this offering. The company's management will also host a conference call on April 26, 2024, to discuss key performance measures and recent developments.

FTAI's forward-looking strategy is backed by a robust risk management framework, ensuring that potential market volatilities are adequately mitigated. The company's annual and quarterly reports, available on its website, provide detailed insights into its financial health and operational strategy.

Rhea-AI Summary
FTAI Aviation (NASDAQ: FTAI) announces a Tender Offer to purchase $650.0 million outstanding principal amount of its 6.50% Senior Notes due 2025. The Tender Offer expires on April 8, 2024, with a Tender Consideration of $1,000 per $1,000 principal amount of Notes. The settlement date is expected to be April 11, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
-
Rhea-AI Summary
FTAI Aviation (NASDAQ: FTAI) will release its first-quarter 2024 financial results on April 25, 2024, followed by a conference call on April 26, 2024. The earnings supplement and a copy of the press release will be available on the company's website. Participants can access the conference call via webcast or dial-in.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
-
Rhea-AI Summary
FTAI Aviation (NASDAQ: FTAI) is classified as a Passive Foreign Investment Company (PFIC) for the taxable year 2023, requiring U.S. Holders to file Form 8621. Investors are advised to consider a Qualified Electing Fund (QEF) election and review the 'PFIC Annual Information Statement' on FTAI's website for tax implications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.58%
Tags
none
Rhea-AI Summary
FTAI Aviation Ltd. (NASDAQ: FTAI) reported strong financial results for Q4 and full year 2023, with net income of $110,025 and adjusted EBITDA of $162,331. The company declared cash dividends for ordinary shares and preferred shares. Business highlights include significant growth in Aerospace Products segment and acquisitions of Aviation Leasing Equipment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.28%
Tags
dividends earnings
-
Rhea-AI Summary
FTAI Aviation Ltd. (NASDAQ: FTAI) plans to announce its financial results for the fourth quarter and full year 2023 after the closing of Nasdaq on Thursday, February 22, 2024. The press release and earnings supplement will be available on the Investor Relations section of the Company's website. Management will host a conference call on Friday, February 23, 2024 at 8:00 A.M. Eastern Time, with a simultaneous webcast available to the public. A replay of the conference call will also be accessible. Participants can register for the conference call via the provided link.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
-
Rhea-AI Summary
FTAI Aviation Ltd. (NASDAQ: FTAI) has acquired Unical Aviation Inc.'s 50% interest in QuickTurn Engine Center, giving FTAI full ownership. This acquisition is expected to enhance FTAI's integration over The Module Factory™ products and services, strengthening its ability to produce, service, and test CFM56-7B/5B engines. QuickTurn's commitment to industry-leading turnaround times aligns with FTAI's engine module maintenance strategy. The company's CEO, Joe Adams, expressed gratitude to Unical for the partnership and highlighted the opportunity to meet the rising demand for module products. QuickTurn's Vice President, Chris Nagle, also expressed excitement to support FTAI's growing pipeline of CFM56 engine maintenance and expects to become an industry leader in performing module swaps and light engine repairs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.57%
Tags
Rhea-AI Summary
FTAI Aviation Ltd. reports financial results for Q3 2023 and declares dividends. Highlights include $107.1 million in Aerospace Products revenue and $492 million year-to-date positive free cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.96%
Tags
dividends earnings
-
Rhea-AI Summary
FTAI Aviation Ltd. to announce Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.27%
Tags
dividends earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags

FAQ

What is the current stock price of FTAI Aviation Ltd. (FTAI)?

The current stock price of FTAI Aviation Ltd. (FTAI) is $133.49 as of December 20, 2024.

What is the market cap of FTAI Aviation Ltd. (FTAI)?

The market cap of FTAI Aviation Ltd. (FTAI) is approximately 13.4B.

What does FTAI Aviation Ltd. specialize in?

FTAI Aviation Ltd. specializes in the ownership and maintenance of commercial jet engines, focusing on CFM56 and V2500 engines.

What are the main business segments of FTAI Aviation Ltd.?

The main business segments are Aviation Leasing, Jefferson Terminal, and Ports and Terminals.

How many aircraft and commercial engines does FTAI manage?

As of December 31, 2019, FTAI managed 238 assets, including 74 aircraft and 164 commercial engines.

What is The Module Factory?

The Module Factory is one of FTAI’s proprietary products that helps provide cost savings and operational flexibility to its customers.

What recent developments have occurred at FTAI Aviation Ltd.?

FTAI recently announced a public offering of 2,090,561 ordinary shares and a conference call scheduled for April 26, 2024, to discuss key performance measures.

Who is managing the recent public offering by FTAI?

Citigroup is acting as the sole underwriter for the recent public offering.

What ports does FTAI operate?

FTAI operates the Repauno port along the Delaware River and the Long Ridge port along the Ohio River.

How does FTAI Aviation Ltd. ensure cost efficiency?

FTAI ensures cost efficiency through its proprietary portfolio of products, strategic joint ventures, and efficient asset management.

Where can I find detailed financial reports of FTAI Aviation Ltd.?

Detailed financial reports are available on the company's website and the SEC's EDGAR database.

Who can I contact for investor relations at FTAI?

For investor relations, you can contact Alan Andreini at 646-734-9414 or via email at aandreini@fortress.com.

FTAI Aviation Ltd.

Nasdaq:FTAI

FTAI Rankings

FTAI Stock Data

13.45B
101.06M
1.44%
101.25%
3.08%
Rental & Leasing Services
Services-miscellaneous Equipment Rental & Leasing
Link
United States of America
NEW YORK