FTAI Aviation Ltd Stock Price, News & Analysis

Fortress Transportation and Infrastructure Investors (NASDAQ: FTAI) reported its Q1 2022 financial results, indicating a net loss of $228.98 million and a loss per share of $2.30. However, the company generated $1.92 million in operating cash flow and $71.39 million in Funds Available for Distribution (FAD). A cash dividend of $0.33 per common share was declared, payable on May 24, 2022. The company's board approved the spin-off of its subsidiary, FTAI Infrastructure, with completion expected within 4 to 8 weeks. Significant impairment losses of $195 million due to the Russia/Ukraine war are anticipated to be covered by insurance proceeds.

Rise Light & Power and Delaware River Partners announced a partnership to establish New Jersey's first offshore wind cable manufacturing facility at Repauno Port & Rail Terminal. Pending approval of the Outerbridge Renewable Connector project, the shovel-ready site is expected to create approximately 500 construction jobs and over 100 full-time jobs once operational. This initiative positions New Jersey as a key player in the offshore wind supply chain, as the demand for submarine cables is projected to rise significantly.

Fortress Transportation and Infrastructure Investors (NYSE: FTAI) announced its transfer to the Nasdaq Global Select Market, effective April 26, 2022. This strategic move, aimed at enhancing shareholder value, will keep the ticker symbol 'FTAI' intact. Alongside the common shares, preferred shares will also transition to Nasdaq with respective symbols FTAIP, FTAIO, and FTAIN. Chairman Joe Adams highlighted the positive impact of Nasdaq's market maker model and investor targeting solutions on liquidity and value creation.

Fortress Transportation and Infrastructure Investors plans to release its financial results for Q1 2022 on April 28, 2022, post market closure. The earnings release and supplement will be available on the company’s website. A conference call is scheduled for April 29, 2022, at 8:00 A.M. ET, accessible by phone and online, to discuss the results. The call will have a replay available until May 6, 2022. Fortress focuses on acquiring high-quality infrastructure assets that generate stable cash flows with potential growth.

Fortress Transportation and Infrastructure Investors announced that its 2021 Schedule K-1 tax packages are now available online for shareholders. They can access these packages through the company's website or via the tax package support website. The mailing of these tax packages is set to begin before March 31, 2022. FTAI focuses on acquiring infrastructure and equipment that generate stable cash flows and potential growth. The firm is managed by an affiliate of Fortress Investment Group.

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.