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FTAI Aviation Ltd. reports developments in aircraft engine maintenance, aftermarket products and aviation leasing. The company owns and maintains CFM56 and V2500 engines used on widely operated commercial aircraft and offers Maintenance, Repair and Exchange products for airlines and asset owners. News releases also cover the Aerospace Products and Aviation Leasing segments, aircraft and engine acquisitions, CFM International materials agreements, credit facilities, dividends and executive appointments.
Fortress Transportation and Infrastructure Investors reported its financial results for Q4 and full year 2021. The company recorded a net loss attributable to shareholders of $19,047 thousand, resulting in a basic and diluted loss per share of $0.19. Funds Available for Distribution (FAD) totaled $120,087 thousand, driven mainly by the aviation leasing portfolio. The Board declared a cash dividend of $0.33 per common share for Q4 2021, payable on March 23, 2022. Additional preferred share dividends were also announced, indicating continued shareholder returns.
Fortress Transportation and Infrastructure Investors (NYSE:FTAI) announced that CEO Joe Adams will present at the J.P. Morgan Industrials Conference on March 17, 2022, at 1:20 PM ET in New York City.
Investors can access presentation materials on the Company’s website at www.ftandi.com. FTAI focuses on acquiring top-tier infrastructure and equipment vital for global transportation, aiming for strong cash flows and asset appreciation.
Fortress Transportation and Infrastructure Investors (NYSE:FTAI) has announced that CEO Joe Adams will speak at the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 1, 2022, at 3:30 PM ET, located at the Loews Miami Beach Hotel. Investors can view the presentation materials on the company's Investor Relations website, www.ftandi.com.
FTAI focuses on acquiring high-quality infrastructure and equipment crucial for global transportation, aiming for strong cash flows and potential earnings growth.
WestJet awarded its CFM56-7B engine maintenance program to Lufthansa Technik, supported by FTAI Aviation. This seven-year collaboration, effective January 2023, enhances maintenance capabilities, including engine overhauls and on-site support. Key aspects include module replacement to optimize engine life and promote sustainability. Lufthansa Technik aims to deliver high reliability and performance for WestJet. FTAI's partnership is expected to set a new standard for cost-effective maintenance solutions in the aviation sector.
Fortress Transportation and Infrastructure Investors (NYSE:FTAI) will announce its financial results for Q4 and FY 2021 on February 24, 2022, post-market close. A conference call will be held on February 25 at 8 A.M. ET, accessible via phone or a public webcast. The company is focused on owning and acquiring essential infrastructure and equipment for global transportation, aiming for stable cash flows and potential earnings growth. The full earnings release and supplementary information will be available on their website.
Fortress Transportation and Infrastructure Investors (NYSE:FTAI) announced that CEO Joe Adams will present at the Barclays Industrial Select Conference on February 23, 2022, at 8:35 AM (ET) at the Loews Miami Beach Hotel. The presentation materials will be available on the Company’s Investor Relations website, www.ftandi.com. FTAI focuses on acquiring and managing high-quality infrastructure and equipment globally, aiming for strong cash flows, earnings growth, and asset appreciation.
Fortress Transportation and Infrastructure Investors (NYSE:FTAI) announced that CEO Joe Adams will present at Citi’s 2022 Global Industrial Tech and Mobility Conference on February 22, 2022, at 2:40 PM ET. The event will take place at the Ritz Carlton South Beach in Miami. Interested investors can access presentation materials on the company’s website, www.ftandi.com. FTAI focuses on acquiring infrastructure and equipment essential for global transportation, aiming for strong cash flows and growth potential.
Fortress Transportation and Infrastructure Investors (NYSE:FTAI) will be presenting at the Cowen 43rd Annual Aerospace/Defense & Industrials Conference. Joe Adams, CEO, is scheduled to speak virtually on February 9, 2022, at 12:40 PM ET. Interested investors can view presentation materials on the company's website, www.ftandi.com. FTAI focuses on owning and acquiring essential transportation infrastructure assets that generate stable cash flows, aiming for earnings growth and asset appreciation. The firm is externally managed by Fortress Investment Group, a diversified global investment firm.
FTAI Aviation has successfully closed the first nine of nineteen aircraft under a sale and leaseback agreement with Avianca. This transaction aims to lower Avianca's total cost of ownership as part of their new business model. The remaining aircraft are expected to close by February 2022. Both companies express confidence in their partnership, highlighting FTAI’s flexible leasing strategy.
Fortress Transportation and Infrastructure Investors (FTAI) has confidentially filed a Form 10 registration with the SEC for a potential spin-off of its infrastructure business. This move aims to enhance operational focus and capital allocation for both entities. If approved, shareholders will receive shares in both companies, with expectations to complete the transaction in the first half of 2022. However, the completion is subject to board approval and various conditions, with no assurance that the spin-off will proceed as planned.