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2026-08-17 11:46 23d ago
2026-08-17 06:30 23d ago
FTAI uzavřela financování ve výši 2 miliardy USD na nákup letadel
FTAIA FTAI Aviation
FMP Stock News 78
Original source text
Facility Includes $1.0 Billion Accordion for Total Potential Capacity of $3.0 Billion  | Source: FTAI Aviation Ltd.

NEW YORK, Aug. 17, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or “FTAI”) today announced the closing of a $2.0 billion warehouse financing facility (the "Facility") for the 2026 SPV, the second investment vehicle of FTAI’s Strategic Capital business. The Facility, which closed on August 14, 2026, was syndicated among 13 financial institutions and includes a $1.0 billion accordion feature that provides for potential total capacity of $3.0 billion. Proceeds will finance the 2026 SPV’s acquisition of on-lease, mid-life 737NG and A320ceo aircraft beginning this month, with FTAI performing all engine maintenance through its Maintenance, Repair and Exchange business. With this closing, FTAI’s Strategic Capital vehicles have now raised $5.5 billion of warehouse financing in less than two years.

The Facility follows the successful deployment of the 2025 SPV, FTAI's inaugural Strategic Capital vehicle, which raised $2.0 billion of equity commitments in October 2025. This deployment reflects the vehicle's position as a differentiated buyer of mid-life narrowbody aircraft, combining asset ownership with the Company’s leading engine maintenance capabilities.

“This financing represents continued execution of our Strategic Capital business plan,” said Kallie Steffes, Head of Strategic Capital at FTAI. "Less than two years after launch, our inaugural vehicle has committed approximately $6.0 billion of total capital across over 300 aircraft and is now in its harvest phase. We are grateful to our lending partners, whose support reflects growing confidence in our platform as we carry this momentum and a robust pipeline of new acquisitions into the 2026 SPV.”

ATLAS SP Partners and Deutsche Bank served as co-structuring agents on the Facility. The lender group comprises ATLAS SP Partners, Deutsche Bank, Apple Bank, BNP Paribas, Citibank, Citizens Bank, Goldman Sachs, MUFG Bank, PNC Bank, Royal Bank of Canada, Standard Chartered, Truist Bank and U.S. Bank.

Gibson, Dunn & Crutcher LLP served as counsel to FTAI and Clifford Chance US LLP served as counsel to the lenders.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to the intended use proceeds and the 2026 SPV’s capital commitments. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond the Company’s control. The Company can give no assurance that its expectations will be attained and such differences may be material. Accordingly, you should not place undue reliance on any forward-looking statements contained in this press release. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available on the Company’s website (www.ftaiaviation.com). In addition, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or change in events, conditions, or circumstances on which any statement is based. This release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. Nothing on the Company’s website is included or incorporated by reference herein.

About FTAI

FTAI combines advanced turbine technology and asset ownership to power the world’s most essential markets. Additional information is available at https://www.ftaiaviation.com.

For further information, please contact:

FTAI:
Charlie Arestia
Investor Relations
(646) 276-4418
[email protected]

Media:
Tim Lynch / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
2026-07-30 16:52 1mo ago
2026-07-30 12:04 1mo ago
FTAI Aviation zvýšila upravenou EBITDA a výhled výroby modulů
FTAIA FTAI Aviation
FMP Stock News 86
Original source text
These 3 Stocks Just Graduated to the MSCI World IndexFTAI Aviation NASDAQ: FTAI reported second-quarter adjusted EBITDA of $291.4 million as its Aerospace Products business expanded production and market share, while the company continued shifting its aviation leasing operations toward a more asset-light strategic-capital model.

Chief Executive Officer Joe Adams said the company operates across Aerospace Products, Asset Management and Power, each centered on its aftermarket turbine-performance capabilities. He said all three businesses made progress during the quarter, including increased module production, the launch of a new investment vehicle and a major initial order for its power-generation offering.

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3 High-Risk Stocks That Soared in 2025 But Can Still Fly Higher“Our market share grew from 12%-14% this quarter,” Adams said, attributing the increase to production capacity, parts procurement strategies and customer adoption of its maintenance, repair and exchange offerings.

Aerospace Products Growth and Capacity Expansion President David Moreno said Aerospace Products revenue increased 78% year over year and 18% sequentially. Segment adjusted EBITDA reached $249.7 million, up 51% from a year earlier and 12% from the first quarter, with a 29% EBITDA margin.

Buy the Dip on 3 Overlooked Names With Major PotentialFTAI refurbished 296 CFM56 modules during the quarter across four facilities, a 61% increase from the second quarter of 2025. First-half production totaled 566 modules, ahead of the company’s midyear target. The company raised its 2026 module-production outlook to 1,200 modules from 1,050 previously.

Management said the market for CFM56 engines remains supply-constrained rather than demand-constrained. FTAI is directing a growing share of module output to third-party customers rather than its own aviation leasing fleet, a move intended to support customer relationships and its asset-light balance-sheet strategy.

Moreno said the shift and a greater mix of heavy engine shop visits are expected to affect near-term margins. In response to an analyst question, Adams said FTAI expects Aerospace Products margins to remain around 30% over the next one to two years as the company prioritizes market share and larger customer programs.

The company also announced maintenance-network expansion through partnerships with GMF AeroAsia in Jakarta, Indonesia, and EgyptAir in Cairo. The Jakarta facility has CFM56-5B and CFM56-7B heavy-repair capabilities, an engine test cell and more than 200 technicians, according to Moreno. The Cairo operation has a test cell and is currently focused on the CFM56-7B.

Other planned additions include a CFM56 and LEAP engine test cell at FTAI’s Rome quick-turn facility and a 113,000-square-foot Lisbon facility. FTAI aims to expand Lisbon production capacity to more than 300 modules annually. Management said the LEAP test-cell investment is part of a broader plan to enter the next-generation engine maintenance market as that platform matures.

Leasing Transition and Strategic Capital FTAI’s aviation leasing segment generated $88.2 million of EBITDA in the second quarter, including $5 million of insurance recoveries, $48 million from balance-sheet leasing and gains on sale, and $35 million from 2025 special-purpose vehicle management fees and co-investment returns.

Management reduced its 2026 aviation leasing EBITDA outlook to $475 million, citing the deliberate allocation of module production to third-party Aerospace Products customers and reduced reinvestment in the company’s on-balance-sheet leasing fleet. It reaffirmed Aerospace Products EBITDA guidance of $1.05 billion for 2026.

The 2025 SPV is fully committed, with more than 300 aircraft closed or under letters of intent, Moreno said. The vehicle made its first regular quarterly distribution on June 30. Its first asset-backed securities issuance, called MRE 2026, included $612 million of bonds and supported a special distribution to investors in July.

FTAI also launched its 2026 SPV, which is actively making aircraft acquisition commitments. The company plans to maintain a 15% co-investment commitment in the vehicle. Chief Financial Officer Nicholas McAleese said the company expects Strategic Capital income to comprise the majority of aviation leasing earnings by the fourth quarter, and that financial reporting could eventually reflect the company’s three stated businesses: Aerospace Products, Power and Strategic Capital.

FTAI ended the quarter with leverage of 2.7 times, within its 2.5-times to 3-times target range. During the quarter, it redeemed $105 million of 8.25% Series C preferred shares at par and received a Moody’s rating upgrade to Ba1.

Power Business Secures Initial Hyperscaler Order FTAI Power’s joint venture with Jereh Group, J&F Power Systems, signed a five-year master supply agreement with a U.S. hyperscaler. The agreement included an initial purchase order valued at $1.465 billion for 2027 Mod-1 deliveries.

Moreno said the agreement includes a significant advance payment and milestone-based payments tied to production, testing and commissioning, which he said reduces the working-capital investment needed for the production ramp. The master agreement allows the customer to issue additional orders without renegotiating terms.

The company remains on track for a commercial launch in the fourth quarter, though management said it is prudent to expect Power deliveries in 2027. The company is testing a Mod-1 unit in Miami after completing most initial testing in Montreal, and Moreno said performance has been “exceptional.”

FTAI expects 2027 total business-segment EBITDA of $2.3 billion, comprising $1.4 billion from Aerospace Products, $450 million from aviation leasing and $450 million from Power. Adams said the $450 million Power outlook is a conservative starting point based on less than 100 units, despite the company targeting more than 100 Mod-1 units for 2027. Management described a potential Power EBITDA range of $450 million to $750 million for 2027 as additional customer contracts are pursued.

Cash Flow Outlook and Dividend Increase FTAI generated $255 million of adjusted free cash flow in the first half, including the final $95 million capital call under its 2025 Strategic Capital equity commitment. The company maintained its target of approximately $1.2 billion of adjusted free cash flow before new growth initiatives for 2026.

However, after accelerating its Mod-1 production build-out by $150 million and accounting for financing related to the 2026 SPV, FTAI updated total 2026 adjusted free cash flow guidance to $878 million from $915 million.

The company increased its quarterly dividend to $0.50 per share from $0.45 per share. The dividend is scheduled to be paid Aug. 24 to shareholders of record as of Aug. 12. Adams said the increase marked FTAI’s fourth consecutive quarterly dividend increase and its 60th consecutive dividend since inception.

About FTAI Aviation (NASDAQ:FTAI)FTAI Aviation NASDAQ: FTAI is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company's portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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2026-07-30 00:02 1mo ago
2026-07-29 19:26 1mo ago
FTAI Aviation zklamala ziskem na akcii, tržby překonaly odhady
FTAIA FTAI Aviation
FMP Stock News 78
Original source text
FTAI Aviation (FTAI - Free Report) came out with quarterly earnings of $1.13 per share, missing the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.57 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -14.39%. A quarter ago, it was expected that this transportation infrastructure company would post earnings of $1.61 per share when it actually produced earnings of $1.29, delivering a surprise of -19.88%.

Over the last four quarters, the company has not been able to surpass consensus EPS estimates.

FTAI Aviation, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $953.09 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 10.91%. This compares to year-ago revenues of $676.24 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

FTAI Aviation shares have added about 7.9% since the beginning of the year versus the S&P 500's gain of 8.5%.

What's Next for FTAI Aviation?While FTAI Aviation has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for FTAI Aviation was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.54 on $904.99 million in revenues for the coming quarter and $6.77 on $3.72 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Aerospace - Defense Equipment is currently in the top 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, AerSale Corporation (ASLE - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This company is expected to post quarterly earnings of $0.04 per share in its upcoming report, which represents a year-over-year change of -80%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

AerSale Corporation's revenues are expected to be $77.48 million, down 27.9% from the year-ago quarter.
2026-07-29 21:38 1mo ago
2026-07-29 16:15 1mo ago
FTAI Aviation zvýšila čistý zisk a dividendu na 0,50 USD
FTAIA FTAI Aviation
FMP Stock News 92
Original source text
July 29, 2026 16:15 ET  | Source: FTAI Aviation Ltd.

NEW YORK, July 29, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) (the “Company” or “FTAI”) today reported financial results for the second quarter 2026. The Company’s consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release.

Financial Overview

(in thousands, except per share data)   Selected Financial Results Q2’26
Net Income Attributable to Shareholders $117,585 Basic Earnings per Ordinary Share $1.15 Diluted Earnings per Ordinary Share $1.13 Adjusted EBITDA (1) $291,444     (1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release. 
Second Quarter 2026 Dividends

The Company’s Board of Directors (the “Board”) declared a cash dividend on its ordinary shares of $0.50 per share for the quarter ended June 30, 2026, payable on August 24, 2026 to the holders of record on August 12, 2026.

Additionally, the Board declared cash dividends on its Fixed-Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares (“Series D Preferred Shares”) of $0.59375 per share, respectively, for the quarter ended June 30, 2026, payable on September 15, 2026 to the holders of record on September 1, 2026.

Business Highlights

Generated Aerospace Products revenue of $875.0 million and Adjusted EBITDA of $249.7 million in Q2 2026, increases of 78% and 51%, respectively, compared to Q2 2025 (1)FTAI Power announced a $1.465 billion customer contract, which is expected to account for a substantial portion of its 2027 delivery targetEntered into strategic partnerships with GMF Indonesia and EgyptAir, adding engine maintenance capacity and geographic coverage to support further market share expansionAnnounced a strategic collaboration with cargo-conversion leader Aeronautical Engineers, Inc. to deliver more cost-effective Boeing 737-800 freighters globally while extending the life of the CFM56 engineCompleted deployment of Strategic Capital's 2025 SPV, which is fully committed and made its first quarterly distribution on June 30, and launched the 2026 SPV, which has begun making aircraft acquisition commitmentsIntroduced Business Segment 2027 Adjusted EBITDA guidance of $2.3 billion, comprised of $1.4 billion from Aerospace Products, $450 million from FTAI Power and $450 million from Aviation Leasing (1)(2)Reaffirmed 2026 Aerospace Products Adjusted EBITDA guidance of $1,050 million and updated 2026 Aviation Leasing guidance from $575 million to $475 million reflecting our continued shift to an asset-light business model (1)(2) “FTAI delivered another strong quarter, led by record Aerospace Products performance and a landmark customer contract for FTAI Power," said Joe Adams, Chairman and CEO. "Across the business, we continued to execute on our strategic evolution — expanding our maintenance network into Indonesia and Egypt, delivering more modules to more customers worldwide and advancing Strategic Capital with the launch of the 2026 SPV. With our fourth consecutive dividend increase, we remain confident in our outlook and our ability to deliver sustained growth and long-term value for our shareholders”

(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.
(2) This is a forward-looking statement. Please see Cautionary Note Regarding Forward-Looking Statements below.

Additional Information

For additional information that management believes to be useful for investors, please refer to the presentation posted on the Investor Center section of the Company’s website, https://www.ftaiaviation.com/, and the Company’s Annual Report on Form 10-K and Quarterly Report on Form 10-Q, when available on the Company’s website. Nothing on the Company’s website is included or incorporated by reference herein.

Conference Call

In addition, management will host a conference call on Thursday, July 30, 2026 at 8:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register-conf.media-server.com/register/BI9c65a898178b489f8ac3487fcee4b03f. Once registered, participants will receive a dial-in and unique pin to access the call.

A simultaneous webcast of the conference call will be available to the public on a listen-only basis at https://www.ftaiaviation.com/. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

A replay of the conference call will be available after 11:30 A.M. on Thursday, July 30, 2026 through 11:30 A.M. on Thursday, August 6, 2026 on https://ir.ftaiaviation.com/news-events/event-calendar/.

The information contained on, or accessible through, any websites included in this press release is not incorporated by reference into, and should not be considered a part of, this press release.

About FTAI Aviation Ltd.

FTAI combines advanced turbine technology and asset ownership to power the world’s most essential markets. Additional information is available at https://www.ftaiaviation.com/.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, whether FTAI will be able to expand market share, ability to deliver more cost-effective Boeing 737-800 freighters globally while extending the life of the CFM56 engine, 2026 or 2027 Adjusted EBITDA guidance, and the ability to deliver sustained growth and long-term value for our shareholders. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond the Company’s control. The Company can give no assurance that its expectations will be attained and such differences may be material. Accordingly, you should not place undue reliance on any forward-looking statements contained in this press release. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available on the Company’s website (www.ftaiaviation.com). In addition, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or change in events, conditions, or circumstances on which any statement is based. This release shall not constitute an offer to sell or the solicitation of an offer to buy any securities.

For further information, please contact:Alan Andreini
Investor Relations
FTAI Aviation Ltd.
(646) 734-9414
[email protected]

Media:Tim Lynch / Aaron Palash / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

FTAI AVIATION LTD.
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
(Dollar amounts in thousands, except share and per share data)  Three Months Ended June 30, Six Months Ended June 30,   2026   2025   2026   2025 Revenues        Aerospace products revenue $692,229  $420,686  $1,214,814  $685,111 MRE Contract revenue  182,799   69,585   404,029   170,223 Lease income  27,765   62,439   67,657   130,879 Maintenance revenue  25,793   73,104   56,392   122,711 Asset sales revenue  16,925   47,915   27,109   66,854 Other revenue (1)  7,574   2,508   13,781   2,539 Total revenues  953,085   676,237   1,783,782   1,178,317          Expenses        Cost of sales  635,782   369,258   1,160,050   617,972 Operating expenses  67,567   34,328   132,554   66,766 General and administrative  2,245   2,442   4,658   5,558 Acquisition and transaction expenses  5,699   4,489   22,060   11,781 Depreciation and amortization  46,986   55,236   99,275   114,798 Total expenses  758,279   465,753   1,418,597   816,875          Other (expense) income        Interest expense  (64,102)  (63,965)  (125,509)  (126,005)Equity in earnings (losses) of unconsolidated entities (2)  9,970   (5,003)  7,607   (12,617)Gain on sale to the 2025 Partnership  2,465   34,604   17,633   45,474 Other income  7,574   27,156   55,156   60,227 Total other expense  (44,093)  (7,208)  (45,113)  (32,921)Income before income taxes  150,713   203,276   320,072   328,521 Provision for income taxes  25,619   37,878   57,079   60,737 Net income  125,094   165,398   262,993   267,784 Less: Dividends on preferred shares  3,709   3,709   7,418   9,824 Less: Loss on redemption of preferred shares  3,800   —   3,800   6,327 Net income attributable to shareholders $117,585  $161,689  $251,775  $251,633          Earnings per share:        Basic $1.15  $1.58  $2.45  $2.45 Diluted $1.13  $1.57  $2.42  $2.44          Weighted average shares outstanding:        Basic  102,597,464   102,558,777   102,588,692   102,555,644 Diluted  104,044,113   103,147,860   104,039,259   103,144,727 
(1) Includes servicing fees of $6,988 and $12,849 for the three and six months ended June 30, 2026, respectively (2025 - $2,052 and $2,600, respectively), from the 2025 Partnership.
(2) Includes the profit elimination of $(6,597) and $(16,597) for the three and six months ended June 30, 2026, respectively (2025 - $(4,935) and $(11,885), respectively), for sales to the 2025 Partnership. FTAI AVIATION LTD.
CONSOLIDATED BALANCE SHEETS
(Dollar amounts in thousands, except share and per share data)

  (Unaudited)
     June 30, 2026
 December 31, 2025
Assets      Current Assets      Cash and cash equivalents $337,195  $300,476 Accounts receivable, net (1)  168,202   209,907 Inventory, net  1,544,592   1,193,773 Other current assets (2)  491,107   408,364 Total current assets  2,541,096   2,112,520 Leasing equipment, net  1,146,373   1,545,804 Property, plant, and equipment, net  134,742   120,068 Investments  401,803   314,156 Intangible assets, net  13,048   19,929 Goodwill  94,221   94,221 Other non-current assets  157,879   167,060 Total assets $4,489,162  $4,373,758        Liabilities      Current Liabilities      Accounts payable $261,671  $208,224 Accrued liabilities  100,159   90,009 Current maintenance deposits  17,926   25,439 Current security deposits  12,368   14,001 Other current liabilities  89,086   62,202 Total current liabilities  481,210   399,875 Long-term debt, net  3,453,320   3,448,891 Non-current maintenance deposits  18,815   46,237 Non-current security deposits  7,574   15,211 Other non-current liabilities  124,256   129,370 Total liabilities $4,085,175  $4,039,584        Commitments and contingencies             Equity      Ordinary shares ($0.01 par value per share; 2,000,000,000 shares authorized; 102,625,424 and 102,573,283 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively) $1,026  $1,026 Preferred shares ($0.01 par value per share; 200,000,000 shares authorized; 2,600,000 and 6,800,000 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively)  26   68 Additional paid in capital  —   50,567 Retained earnings  402,935   282,513 Shareholders' equity  403,987   334,174 Total liabilities and equity $4,489,162  $4,373,758 
(1) Includes accounts receivable from the 2025 Partnership of $25,456 as of June 30, 2026 (December 31, 2025 - $47,294).
(2) Includes receivables from the 2025 Partnership of $9,267 as of June 30, 2026 (December 31, 2025 - $20,681).
Key Performance Measures

In addition to net income (loss), the Chief Operating Decision Maker (“CODM”), who is the Company’s Chief Executive Officer, utilizes Adjusted EBITDA as a key performance measure. Adjusted EBITDA is not a financial measure in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). This performance measure provides the CODM with the information necessary to assess operational performance and make resource and allocation decisions. We believe Adjusted EBITDA is a useful metric for investors and analysts for similar purposes of assessing our operational performance.

Adjusted EBITDA is defined as net income (loss) attributable to shareholders, adjusted (a) to exclude the impact of provision for (benefit from) income taxes, equity-based compensation expense, acquisition and transaction expenses, losses on the modification or extinguishment of debt and preferred shares and capital lease obligations, asset impairment charges, incentive allocations, depreciation and amortization expense, interest expense and dividends on preferred shares, internalization fee to affiliate, (b) to include the impact of our pro-rata share of Adjusted EBITDA from unconsolidated entities and (c) to exclude the impact of equity in earnings (losses) of unconsolidated entities, if any.

Reconciliations of forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures are not included in this press release because the most directly comparable GAAP financial measures are not available on a forward-looking basis without unreasonable effort.

The following table sets forth a reconciliation of net income attributable to shareholders to Adjusted EBITDA for the three and six months ended June 30, 2026 and 2025:

  Three Months Ended
June 30,
 Change
 Six Months Ended
June 30,
 Change
(in thousands)  2026   2025    2026   2025  Net income attributable to shareholders $117,585  $161,689  $(44,104) $251,775  $251,633  $142 Add: Provision for income taxes  25,619   37,878   (12,259)  57,079   60,737   (3,658)Add: Equity-based compensation expense  7,332   5,515   1,817   13,679   10,404   3,275 Add: Acquisition and transaction expenses  5,699   4,489   1,210   22,060   11,781   10,279 Add: Losses on the modification or extinguishment of debt and preferred shares and capital lease obligations  3,800   —   3,800   3,800   6,327   (2,527)Add: Asset impairment charges  —   —   —   —   —   — Add: Incentive allocations  —   —   —   —   —   — Add: Depreciation and amortization expense (1)  52,118   65,677   (13,559)  111,631   134,064   (22,433)Add: Interest expense and dividends on preferred shares  67,812   67,674   138   132,928   135,829   (2,901)Add: Internalization fee to affiliate  —   —   —   —   —   — Add: Pro-rata share of Adjusted EBITDA from unconsolidated entities (2)  28,046   4,815   23,231   48,273   4,856   43,417 Less: Equity in (earnings) losses of unconsolidated entities (3)  (16,567)  68   (16,635)  (24,204)  732   (24,936)Adjusted EBITDA (non-GAAP) $291,444  $347,805  $(56,361) $617,021  $616,363  $658 
(1) Includes the following items for the three months ended June 30, 2026: (i) depreciation and amortization expense of $46,986 (2025 - $55,236), (ii) lease intangible amortization of $(89) (2025 - $2,153) and (iii) amortization for lease incentives of $5,221 (2025 - $8,288).
Includes the following items for the six months ended June 30, 2026: (i) depreciation and amortization expense of $99,275 (2025 - $114,798), (ii) lease intangible amortization of $248 (2025 - $5,359) and (iii) amortization for lease incentives of $12,108 (2025 - $13,907).
(2) Includes the following items for the three months ended June 30, 2026: (i) net income of $16,567 (2025 - net loss of $68), (ii) interest expense of $5,771 (2025 - $1,490), (iii) depreciation and amortization expense of $5,680 (2025 - $3,470), (iv) acquisition and transaction expenses of $0 (2025 - $(77)), and (v) tax expense of $28 (2025 - $0).
Includes the following items for the six months ended June 30, 2026: (i) net income of $24,204 (2025 - $732), (ii) interest expense of $9,267 (2025 - $1,490), (iii) depreciation and amortization expense of $14,747 (2025 - $3,628), (iv) acquisition and transaction expenses of $0 (2025 - $470), and (v) tax expense of $55 (2025 - $0).
(3) Excludes the profit elimination of $6,597 and $16,597 for the three and six months ended June 30, 2026, respectively (2025 - $4,935 and $11,885, respectively ), for sales to the 2025 Partnership.
In addition, the following table sets forth a reconciliation of net income attributable to shareholders to Adjusted EBITDA for Aerospace Products for the three and six months ended June 30, 2026 and 2025:   Three Months Ended
June 30, Change
 Six Months Ended
June 30, Change
(in thousands)  2026   2025    2026   2025  Net income attributable to shareholders $194,244  $133,582  $60,662  $377,979  $240,225  $137,754 Add: Provision for income taxes  49,970   25,827   24,143   83,667   45,202   38,465 Add: Equity-based compensation expense  223   168   55   250   323   (73)Add: Acquisition and transaction expenses  144   1,414   (1,270)  129   2,546   (2,417)Add: Losses on the modification or extinguishment of debt and preferred shares and capital lease obligations  —   —   —   —   —   — Add: Asset impairment charges  —   —   —   —   —   — Add: Incentive allocations  —   —   —   —   —   — Add: Depreciation and amortization expense  4,903   3,704   1,199   9,581   7,288   2,293 Add: Interest expense and dividends on preferred shares  —   —   —   —   —   — Add: Internalization fee to affiliate  —   —   —   —   —   — Add: Pro-rata share of Adjusted EBITDA from unconsolidated entities (1)  50   883   (833)  464   1,052   (588)Less: Equity in losses (earnings) of unconsolidated entities  182   (714)  896   222   (827)  1,049 Adjusted EBITDA (non-GAAP) $249,716  $164,864  $84,852  $472,292  $295,809  $176,483 
(1) Includes the following items for the three months ended June 30, 2026: (i) net loss of $182 (2025 - net income of $714), (ii) depreciation and amortization expense of $204 (2025 - $169), and (iii) tax expense of $28 (2025 - $0).
Includes the following items for the six months ended June 30, 2026: (i) net loss of $222 (2025 - net income of $827), (ii) depreciation and amortization expense of $631 (2025 - $225), and (iii) tax expense of $55 (2025 - $0).
2026-07-07 11:53 2mo ago
2026-07-07 06:30 2mo ago
FTAI a AEI zlevní přestavby Boeingů 737-800
FTAIA FTAI Aviation
FMP Stock News 78
Original source text
Combination of Market Leaders in Engine Maintenance and Cargo Conversion is Expected to Bring a More Cost-Effective Freighter Solution to Airlines Globally July 07, 2026 06:30 ET  | Source: FTAI Aviation Ltd.

NEW YORK and MIAMI, July 07, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or "FTAI") and Aeronautical Engineers, Inc. ("AEI") today announced a collaboration focused on delivering a more cost-effective Boeing 737-800 freighter solution to airline partners globally. The collaboration will combine FTAI's engine maintenance capabilities with AEI's cargo conversion leadership to deliver customized freighter aircraft at scale and at a lower cost.

“The Boeing 737-800 is poised to become the workhorse of narrowbody freight, but growth has been constrained by the lack of an engine solution designed for cargo economics,” said David Moreno, President of FTAI. “We can build and maintain lower cycle engines customized for cargo enabling FTAI and AEI to deliver aircraft at a significantly lower operating cost. This collaboration adds cargo to FTAI’s CFM56 platform, extending the engine’s lifecycle across passenger, cargo and power.”

“AEI has led the global narrowbody freighter conversion market for over 60 years and has converted more aircraft than any other provider in the industry,” said Robert T. Convey, Senior Vice President at AEI. “Combining our conversion expertise with FTAI's engine maintenance services gives airlines a proven path to freighter capacity built for the long term.”

With almost 6,000 aircraft delivered, the Boeing 737-800 is the most widely produced narrowbody in aviation history, giving it the scale to anchor the freighter market for many years. FTAI’s ability to provide CFM56 engines is critical to support the market at scale and its aftermarket engine maintenance capabilities will play a central role in ensuring the aircraft can fly reliably and cost-effectively for airlines worldwide. As a global leader in passenger to freighter conversions for a wide array of aircraft, AEI has developed over 130 Supplemental Type Certificates (STCs), 625+ aircraft have been modified with AEI STCs – more than any other conversion provider.

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, expectations regarding the collaboration providing a more cost-effective freighter solution to airlines globally, ability to deliver customized freighter aircraft at scale and at a lower cost, and delivering aircraft at a significantly lower lifecycle cost. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond the Company’s control. The Company can give no assurance that its expectations will be attained and such differences may be material. Accordingly, you should not place undue reliance on any forward-looking statements contained in this press release. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available on the Company’s website (www.ftaiaviation.com). In addition, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or change in events, conditions, or circumstances on which any statement is based. This release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. Nothing on the Company’s or AEI’s website is included or incorporated by reference herein.

About FTAI

FTAI combines advanced turbine technology and asset ownership to power the world’s most essential markets. Additional information is available at https://www.ftaiaviation.com.

About AEI

Aeronautical Engineers, Inc. (AEI) is the global leader in the aircraft passenger-to-freighter conversion business and is the oldest conversion company in existence today. Since the company’s founding in 1958, AEI has developed over 130 Supplemental Type Certificates (STCs) and has modified over 625 aircraft with the STCs. AEI helps its customers extend aircraft life and increase the overall value of aircraft assets by continuously focusing on dependable and flexible product offerings. AEI currently offers passenger-to-freighter conversions for the Boeing 737-800, 737-400, 737-300, MD-80 series, and CRJ200 aircraft. https://www.aeronautical-engineers.com/

FTAI Contact:
Alan Andreini
Investor Relations
FTAI Aviation Ltd.
(646) 734-9414
[email protected]

Tim Lynch / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

AEI Contact:
Robert T. Convey
Senior Vice President Sales & Marketing
+1 (818) 406-3666
[email protected]
2026-06-30 12:12 2mo ago
2026-06-30 06:30 2mo ago
FTAI Aviation oznámí výsledky za 2. čtvrtletí 2026
FTAIA FTAI Aviation
FMP Stock News 78
Original source text
June 30, 2026 06:30 ET  | Source: FTAI Aviation Ltd.

NEW YORK, June 30, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; the "Company" or “FTAI”) plans to announce its financial results for the second quarter 2026 after the closing of Nasdaq on Wednesday, July 29, 2026. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.ftaiaviation.com/.

In addition, management will host a conference call on Thursday, July 30, 2026 at 8:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register-conf.media-server.com/register/BI9c65a898178b489f8ac3487fcee4b03f. Once registered, participants will receive a dial-in and unique pin to access the call.

A simultaneous webcast of the conference call will be available to the public on a listen-only basis at https://www.ftaiaviation.com/. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.

A replay of the conference call will be available after 11:30 A.M. on Thursday, July 30, 2026 through 11:30 A.M. on Thursday, August 6, 2026 on https://ir.ftaiaviation.com/news-events/event-calendar/.

The information contained on, or accessible through, any websites included in this press release is not incorporated by reference into, and should not be considered a part of, this press release.

About FTAI Aviation Ltd.

FTAI owns and maintains CFM56 and V2500 aircraft engines that power the world’s most widely used commercial aircraft. FTAI’s differentiated Maintenance, Repair and Exchange (“MRE”) product offers time and cost savings to airlines and asset owners globally. In addition, FTAI acquires and manages on-lease aircraft and engines in partnership with institutional investors. Additional information is available at https://www.ftaiaviation.com/.

Contacts

Investors
Alan Andreini
Investor Relations
FTAI Aviation Ltd.
(646) 734-9414
[email protected]

Media
Tim Lynch / Aaron Palash / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449