FTAI Aviation Ltd. adopted a new carried interest-based incentive program called the FTAI Aviation Strategic Capital Profit Participation Plan (PPP). Under this plan, eligible employees, including executive officers, can earn awards tied to profit participation distributions from investments made through the Company’s previously announced Strategic Capital Initiative and its related partnerships.
PPP awards represent the right to receive a portion of “profit participation” paid to the Strategic Capital Initiative’s servicer on a partnership-by-partnership basis. Because award value depends solely on the performance of FTAI’s growing asset management business, the Company aims to foster an ownership mindset, reward long-term value creation, and align employee compensation with fund performance and, in turn, shareholder and investor outcomes.
The PPP includes a structured, multi-year vesting and payout framework designed to attract and retain key talent in a competitive market. FTAI expects to identify participants and grant PPP awards in respect of FTAI Aircraft Leasing (2025) GP, L.P., the servicer of certain 2025 aircraft leasing partnerships, beginning in 2026.
FTAI Aviation Ltd. received a Schedule 13G filing showing that Shikiar Asset Management Inc., a New York-based investment adviser, beneficially owns 159,800 Series D Cumulative Perpetual Preferred Shares as of 12/31/2025. This holding represents 6.2% of that preferred share class.
Shikiar reports sole voting and sole dispositive power over all 159,800 shares, with no shared authority. The firm certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of FTAI Aviation.
FTAI Aviation Ltd. filed an amended Current Report clarifying results from its May 29, 2025 Annual General Meeting. The company disclosed that, following the board's recommendation and the final non-binding advisory vote results reported earlier, it has determined to hold an annual advisory vote on named executive officer compensation going forward.