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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 (FTAI) reported a net loss of $15.7 million for Q2 2020, equating to $0.18 per share. Despite the loss, the company achieved net cash provided by operating activities of $56.5 million and funds available for distribution (FAD) of $47.3 million. The Board declared a cash dividend of $0.33 per share payable on August 31, 2020. Additionally, dividends for Series A and B Preferred Shares were announced at $0.51563 and $0.50000 respectively, payable on September 15, 2020.
Fortress Transportation and Infrastructure Investors (NYSE: FTAI) has announced that CEO Joe Adams will present at the Jefferies Virtual Industrials Conference on August 6, 2020, at 8:00 AM ET. Investors can access presentation materials in the Investor Relations section of the company’s website. FTAI focuses on acquiring high-quality infrastructure and equipment that are vital for global transportation, aiming for strong cash flows, earnings growth, and asset appreciation. The company is managed by an affiliate of Fortress Investment Group.
Fortress Transportation and Infrastructure Investors LLC (FTAI) plans to announce its financial results for the second quarter of 2020 after the NYSE closes on July 30, 2020. The earnings release and supplement will be available on the company's website. A conference call to discuss the results is scheduled for July 31, 2020, at 8:00 A.M. ET, accessible via phone or webcast. FTAI focuses on acquiring high-quality infrastructure and equipment essential for global transportation, aiming for strong cash flows and potential growth.
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