FTAI Aviation: Vanguard reports 5.22% stake

Vanguard Capital Management and affiliates disclose a 5.22% beneficial stake in FTAI Aviation Ltd., with this filing solely correcting the issuer CIK and not changing ownership.

Rhea-AI Filing Summary

FTAI Aviation Ltd. (FTAI) has a major shareholder disclosure from Vanguard Capital Management, which reports beneficial ownership of FTAI common stock. Vanguard Capital Management and certain affiliated entities report beneficial ownership of 5,361,523 shares of common stock, representing 5.22% of the class. They report sole voting power over 766,221 shares and sole dispositive power over 5,361,523 shares, with no shared voting or dispositive power. The submission states it is filed solely to correct the issuer CIK previously reported and that no change in beneficial ownership is being reported.

Key Figures

Shares beneficially owned: 5,361,523 shares Percent of class: 5.22% Sole voting power: 766,221 shares +4 more

7 metrics

Shares beneficially owned 5,361,523 shares FTAI common stock beneficially owned by Vanguard Capital Management and affiliates

Percent of class 5.22% Percentage of FTAI common stock class beneficially owned

Sole voting power 766,221 shares Number of FTAI shares over which Vanguard Capital Management has sole power to vote

Shared voting power 0 shares Number of FTAI shares with shared voting power reported

Sole dispositive power 5,361,523 shares FTAI shares over which Vanguard Capital Management has sole power to dispose

Shared dispositive power 0 shares FTAI shares with shared dispositive power reported

Filing date September 3, 2026 Date the Schedule 13G correction was signed by the authorized signatory

Key Terms

beneficially owned, Sole Voting Power, dispositive power, Schedule 13G, +1 more

5 terms

beneficially owned financial

"this reflects the securities beneficially owned, or deemed to be beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Voting Power financial

"5 | Sole Voting Power 766,221.00 6 | Shared Voting Power"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

dispositive power financial

"Sole Dispositive Power 5,361,523.00 8 | Shared Dispositive Power"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13G regulatory

"This submission is being filed solely to correct the issuer CIK reported in a previously filed"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Investment Company Act of 1940 regulatory

"investment company registered under the Investment Company Act of 1940 or the beneficiaries"

A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.

FAQ

What percentage of FTAI (FTAI) is owned by Vanguard Capital Management?

Vanguard Capital Management and certain affiliates report beneficial ownership of 5.22% of the outstanding common stock of FTAI Aviation Ltd., based on 5,361,523 shares of FTAI common stock they beneficially own.

How many FTAI (FTAI) shares does Vanguard Capital Management beneficially own?

Vanguard Capital Management and affiliated entities beneficially own 5,361,523 shares of FTAI Aviation Ltd. common stock, as disclosed in the Schedule 13G ownership section.

What voting power does Vanguard Capital Management have over FTAI (FTAI) shares?

Vanguard Capital Management reports sole voting power over 766,221 shares of FTAI common stock and no shared voting power, according to the Schedule 13G disclosure.

What dispositive power does Vanguard Capital Management report over FTAI (FTAI) stock?

Vanguard Capital Management reports sole dispositive power over 5,361,523 shares of FTAI common stock and no shared dispositive power, meaning it can direct the disposition of those shares.

Does this Schedule 13G for FTAI (FTAI) report a change in Vanguard’s ownership?

No. The filing explicitly states it is being submitted solely to correct the issuer CIK reported in a prior filing and that no change in beneficial ownership is being reported.

Who ultimately has rights to dividends or sale proceeds for the FTAI (FTAI) shares reported?

Vanguard Capital Management states that it and related investment companies and managed accounts have the right to receive or direct dividends and sale proceeds for the reported FTAI securities, and that no other person’s interest exceeds 5% of the class.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/03/2026 - 03:01 PM Accepted by SEC EDGAR 09/03/2026 - 03:00 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FTAI Aviation Ltd.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

G3730V105

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G3730V105

1

Names of Reporting Persons

Vanguard Capital Management

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 766,221.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 5,361,523.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,361,523.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.22 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Capital Management LLC and the following affiliates of Vanguard Capital Management LLC or business divisions of such affiliates: Vanguard Asset Management Limited, Vanguard Fiduciary Trust Company, Vanguard Global Advisers, LLC and Vanguard Investments Australia Ltd. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Capital Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Capital Management LLC, or business divisions of such subsidiaries, whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release. This submission is being filed solely to correct the issuer CIK reported in a previously filed Schedule 13G. No change in beneficial ownership is being reported.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FTAI Aviation Ltd.
(b)	Address of issuer's principal executive offices: 1345 Avenue of the Americas, New York, NY, 10105
Item 2.
(a)	Name of person filing: Vanguard Capital Management
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): G3730V105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 5361523
(b)	Percent of class: 5.22 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 766221
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 5361523
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Vanguard Capital Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Vanguard Capital Management

Signature:	My Trieu-Gatt
Name/Title:	Authorized Signatory, Head of Global Fund Administration
Date:	09/03/2026