FTAI Research | Milton Maxwell

FTAI

FTAI Aviation Ltd.

168.63

-2.06-1.21%

Dec 16, 4:00:01 PM EST

Upcoming Earnings

Report date

≈ Feb 25, 2026

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

FY Q3 '25

10/27/25Oct 27, 2025

Key Stats

Market Cap

17.30B

P/E (TTM)

38.59

Basic EPS (TTM)

4.37

Dividend Yield

0.01%

Recent Filings

10-Q

10/29/25Oct 29, 2025

8-K

10/27/25Oct 27, 2025

8-K

Aircraft sale nets $418M

9/5/25Sep 5, 2025

FTAI Aviation Ltd. completed the sale of 39 on-lease 737NG and A320ceo aircraft to subsidiaries of its 2025 Partnership on September 1, 2025, netting $418.1 million in proceeds. This advances the company's strategic capital initiative with third-party investors, where FTAI retains a 20% limited partner stake and serves as servicer for lessee management and collections, earning market-based fees. Yet risks persist in finalizing the remaining six aircraft.

10-Q

Q2 FY2025 results

7/31/25Jul 31, 2025

FTAI Aviation's Q2 FY2025 revenue surged 52% y/y to $676.2M, driven by Aerospace Products up 72% y/y to $420.7M from higher engine and module sales, plus new $69.6M MRE Contract revenue from the 2025 Partnership; total revenue for H1 FY2025 rose 53% y/y to $1.18B. Operating income swung to $210.5M from a $176.5M loss y/y, reflecting no $300M internalization fee and stronger segment performance, while net income hit $165.4M ($1.57 diluted EPS) versus a $219.9M loss y/y—EPS reconciles to 103.1M diluted shares. Aviation Leasing delivered steady $186.0M revenue (flat y/y) with $106.4M net income, bolstered by $34.6M gain on 33 aircraft sales to the 2025 Partnership; Aerospace Products revenue doubled to $490.3M, yielding $133.6M net income. Cash climbed to $301.9M with $3.4B debt (various senior notes, no revolver draw); free cash flow not disclosed in the 10-Q. Yet competition in aviation leasing pressures lease rates.

8-K

FTAI Q2 net income jumps 80%

7/30/25Jul 30, 2025

FTAI Aviation Ltd. reported strong Q2 2025 results, with net income attributable to shareholders surging 80% to $161.7 million and $1.58 basic EPS, fueled by aerospace products revenue climbing to $420.7 million. Adjusted EBITDA hit $347.8 million, up sharply from last year, while production ramped 33% to 184 CFM56 modules and the acquisition of Pacific Aerodynamic bolstered repair capabilities. The board declared a $0.30 per ordinary share dividend, payable August 19. SCI Partnership advanced toward $4 billion capital deployment.

About

FTAI Aviation Ltd. owns, acquires, and sells aviation equipment for the transportation of goods and people worldwide. It operates in two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns, leases, manages, and sells aircraft and aircraft engines. As of December 31, 2024, this segment owned and managed 421 aviation assets consisting of 109 commercial aircraft and 312 engines, including eight aircraft and seventeen engines in Russia. The Aerospace Products segment develops, manufactures, repairs/refurbishes, and sells aircraft engines and aftermarket components for the commercial aircraft engines. It also engages in the offshore energy business, which consists of vessels and equipment that support offshore oil and gas activities and production. The company was founded in 2011 and is headquartered in New York, New York.

CEO

Mr. Joseph P. Adams Jr.

IPO

5/14/2015

Website

https://www.ftaiaviation.com

Employees

580

Sector

Industrials

Industry

Rental & Leasing Services