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FTAI Aviation Ltd - FTAI STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect FTAI Aviation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of FTAI Aviation's position in the market.

Rhea-AI Summary
FTAI Aviation (NASDAQ: FTAI) reported first quarter 2024 results with a net income of $31,287 and declared a dividend of $0.30 per ordinary share. The company also declared dividends on its preferred shares. Business highlights include a Perpetual Power Program with LATAM Airlines Group S.A. and strong growth in Aerospace Products Adj. EBITDA. A conference call is scheduled for April 26, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.41%
Tags
dividends earnings
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Rhea-AI Summary
FTAI Aviation (NASDAQ: FTAI) has partnered with LATAM Airlines Group S.A. to provide a Perpetual Power Program, offering engine solutions for over 30 aircraft. The agreement aims to enhance operational efficiency and reduce maintenance downtime for LATAM, showcasing FTAI's expertise in MRE. Both companies emphasize the flexibility and cost savings this program will bring, allowing LATAM to make strategic decisions on fleet management and respond to industry disruptions effectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
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none
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Rhea-AI Summary
FTAI Aviation announces the expiration and results of the Tender Offer for its 6.50% Senior Notes due 2025. $324.63 million aggregate principal amount of notes were tendered.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
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none
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%
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none
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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
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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%
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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
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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%
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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
FTAI Aviation Ltd

Nasdaq:FTAI

FTAI Rankings

FTAI Stock Data

7.13B
99.19M
1.21%
91.8%
4.16%
Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing
Real Estate and Rental and Leasing
Link
United States
New York

About FTAI

fortress transportation and infrastructure investors llc owns and acquires infrastructure and related equipment for the transportation of goods and people in africa, asia, europe, north america, and south america. it operates through three segments: aviation leasing, jefferson terminal, and ports and terminals. the aviation leasing segment leases aircraft and aircraft engines. as of december 31, 2019, this segment owned and managed 238, including 74 aircraft and 164 commercial engines. the jefferson terminal segment develops a multi-modal crude oil and refined products handling terminal at the port of beaumont, texas; and owns other assets involved in the transportation and processing of crude oil and related products. the ports and terminals segment operates repauno, a 1,630 acre deep-water port located along the delaware river; and long ridge, which is a 1,660 acre multi-modal port located along the ohio river. the company also owns and leases offshore energy equipment and shipping c