Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. It operates through three segments: Aviation Leasing, Jefferson Terminal, and Ports and Terminals. The Aviation Leasing segment leases aircraft and aircraft engines. As of December 31, 2020, this segment owned and managed 264 aviation assets, including 78 commercial aircraft and 186 engines. The Jefferson Terminal segment engages in the development of a multi-modal crude oil and refined products handling terminal in Beaumont, Texas; and ownership of various other assets for the transportation and processing of crude oil and related products. The Ports and Terminals segment operates Repauno, a 1,630 acre deep-water port located along the Delaware River; and Long Ridge, which is a 1,660 acre multi-modal port located along the Ohio River. The company also owns and leases offshore energy equipment and shipping containers. It serves operators of transportation and infrastructure networks comprising airlines, offshore energy service providers, energy providers, and shipping lines. The company is externally managed by FIG LLC, an affiliate of Fortress Investment Group LLC. Fortress Transportation and Infrastructure Investors LLC was founded in 2011 and is headquartered in New York, New York.
IPO Year:
Exchange: NYSE
Website: ftandi.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/26/2024 | $80.00 → $140.00 | Buy | BTIG Research |
| 7/26/2024 | $69.00 → $132.00 | Hold → Buy | Stifel |
| 7/10/2024 | Outperform → Peer Perform | Wolfe Research | |
| 6/25/2024 | $120.00 | Buy | Jefferies |
| 5/3/2024 | $85.00 | Outperform | RBC Capital Mkts |
| 2/26/2024 | $40.00 → $59.00 | Buy → Hold | Stifel |
| 1/11/2024 | $58.00 | Overweight | Morgan Stanley |
| 6/30/2023 | $38.00 | Peer Perform → Outperform | Wolfe Research |
| 9/6/2022 | $29.50 | Sell | Deutsche Bank |
| 9/6/2022 | $29.50 | Buy | Deutsche Bank |
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
4 - FTAI Aviation Ltd. (0001590364) (Issuer)
10-Q - FTAI Aviation Ltd. (0001590364) (Filer)
15-12G - FTAI Aviation Ltd. (0001590364) (Filer)
8-K - FTAI Aviation Ltd. (0001590364) (Filer)
25-NSE - FTAI Aviation Ltd. (0001590364) (Subject)
8-K - FTAI Aviation Ltd. (0001590364) (Filer)
8-K - FTAI Aviation Ltd. (0001590364) (Filer)
8-K - FTAI Aviation Ltd. (0001590364) (Filer)
10-Q - FTAI Aviation Ltd. (0001590364) (Filer)
8-K - FTAI Aviation Ltd. (0001590364) (Filer)
8-K - FTAI Aviation Ltd. (0001590364) (Filer)
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") today reported financial results for the third quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data) Selected Financial ResultsQ3'24 Net Income Attributable to Shareholders$78,147 Basic Earnings per Ordinary Share$0.76 Diluted Earnings per Ordinary Share$0.76 Adjusted EBITDA(1)$232,030 _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI, the ", Company", or "FTAI"))) plans to announce its financial results for the third quarter 2024 after the closing of Nasdaq on Wednesday, October 30, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.ftaiaviation.com/. In addition, management will host a conference call on Thursday, October 31, 2024, at 9:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register.vevent.com/register/BI913234e28b444fe8bfdec58056b9ad40. Once registered, participants will receive a
NEW YORK, Sept. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI, "FTAI Aviation" or the "Company"))) announced today that it will redeem all of the Company's outstanding 4,180,000 8.25% Fixed-to-Floating Rate Series A Cumulative Perpetual Redeemable Preferred Shares (the "Series A Shares") at a redemption price equal to $25.00 per Series A Share in cash, plus approximately $1,579,811 of accumulated and unpaid distributions thereon to, but not including, the redemption date of October 30, 2024 (the "Redemption"). The Series A Shares trade under the ticker symbol "FTAIP." A Notice of Full Redemption for the Series A Shares describing the Redemption procedures was sent to holder
NEW YORK and MONTRÉAL, Sept. 09, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) announces the successful completion of its acquisition of Lockheed Martin Commercial Engine Solutions ("LMCES"), a 526,000-square-foot aircraft engine maintenance repair facility located in Montréal, Québec, from Lockheed Martin Canada. The completion of the acquisition strengthens FTAI Aviation's Maintenance, Repair, and Exchange (MRE) business with the ability to provide additional maintenance services to airline customers. The integration of LMCES' maintenance capabilities with FTAI's current maintenance capabilities at QuickTurn, in Miami, Florida, gives FTAI capacity to perform up to 1,350 CFM5
NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company") today announced that Joe Adams, Chief Executive Officer, will present at the Jefferies Industrials Conference at 9:50AM (ET) on Thursday, September 5, 2023 in New York, New York. The presentation will be webcast live at https://ir.ftaiaviation.com/. About FTAI Aviation Ltd. FTAI owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. FTAI's propriety portfolio of products, including the Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") today reported financial results for the second quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data) Selected Financial Results Q2'24Net Loss Attributable to Shareholders $(228,205)Basic Earnings per Ordinary Share $(2.26)Diluted Earnings per Ordinary Share $(2.26)Adjusted EBITDA(1) $213,904 _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press
NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI, the ", Company", or "FTAI"))) plans to announce its financial results for the second quarter 2024 after the closing of Nasdaq on Tuesday, July 23, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.ftaiaviation.com/. In addition, management will host a conference call on Wednesday, July 24, 2024, at 8:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register.vevent.com/register/BIdca77333acf741569740cfda9a5d8b1a/. Once registered, participants will receive a dia
NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI), a Cayman Islands exempted company (the "Company" or "FTAI") announced today the early tender results of the previously announced cash tender offer (the "Tender Offer") to purchase for cash up to $300,000,000 aggregate principal amount (the "Tender Cap") of Fortress Transportation and Infrastructure Investors LLC's ("FTAI LLC") outstanding 9.750% Senior Notes due 2027 (the "2027 Notes"), on the terms and conditions set forth in FTAI LLC's Offer to Purchase, dated June 3, 2024, as amended on June 3, 2024 and June 17, 2024 (the "Offer to Purchase"). Capitalized terms used but not defined in this announcement have th
NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI), a Cayman Islands exempted company (the "Company" or "FTAI"), announced today that it has amended its previously announced cash tender offer (the "Tender Offer") to purchase up to $300,000,000 aggregate principal amount (the "Tender Cap") of Fortress Transportation and Infrastructure Investors LLC's ("FTAI LLC") outstanding 9.750% Senior Notes due 2027 (the "2027 Notes") by (i) extending the Early Tender Deadline to 5:00 p.m., New York City time, on June 18, 2024 (the "Extended Early Tender Deadline") and (ii) extending the Expiration Time to 5:00 p.m., New York City time, on July 5, 2024. The terms of the Tender
The V2500® engine powers commercial, cargo and military aircraft, and has a long track record of providing reliable and efficient performance (Source: Pratt & Whitney) NEW YORK, June 06, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) and IAE International Aero Engines AG (IAE) today announced a five-year EngineWise® maintenance services agreement for V2500 engines. The agreement includes over 100 full performance restoration shop visits. IAE is a multinational consortium comprised of Pratt & Whitney, an RTX (NYSE:RTX) business, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines AG. "FTAI's expansion of V2500 offerings is
BTIG Research resumed coverage of FTAI Aviation Ltd. with a rating of Buy and set a new price target of $140.00 from $80.00 previously
Stifel upgraded FTAI Aviation Ltd. from Hold to Buy and set a new price target of $132.00 from $69.00 previously
Wolfe Research downgraded FTAI Aviation Ltd. from Outperform to Peer Perform
Jefferies initiated coverage of FTAI Aviation Ltd. with a rating of Buy and set a new price target of $120.00
RBC Capital Mkts initiated coverage of FTAI Aviation Ltd. with a rating of Outperform and set a new price target of $85.00
Stifel downgraded FTAI Aviation Ltd. from Buy to Hold and set a new price target of $59.00 from $40.00 previously
Morgan Stanley initiated coverage of FTAI Aviation Ltd. with a rating of Overweight and set a new price target of $58.00
Wolfe Research upgraded FTAI Aviation Ltd. from Peer Perform to Outperform and set a new price target of $38.00
Deutsche Bank initiated coverage of Fortress Transportation and Infrastructure with a rating of Sell and set a new price target of $29.50
Deutsche Bank initiated coverage of Fortress Transportation and Infrastructure with a rating of Buy and set a new price target of $29.50
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Benchmark analyst Josh Sullivan reiterates FTAI Aviation (NASDAQ:FTAI) with a Buy and maintains $100 price target.
FTAI Aviation (NASDAQ:FTAI) reported quarterly sales of $443.59 million which beat the analyst consensus estimate of $362.23 million by 22.46 percent. This is a 61.69 percent increase over sales of $274.35 million the same period last year.
FTAI Aviation (NASDAQ:FTAI) has outperformed the market over the past 5 years by 39.88% on an annualized basis producing an average annual return of 52.92%. Currently, FTAI Aviation has a market capitalization of $10.93 billion. Buying $100 In FTAI: If an investor had bought $100 of FTAI stock 5 years ago, it would be worth $836.88 today based on a price of $106.98 for FTAI at the time of writing. FTAI Aviation's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content e
FTAI Aviation's (NYSE:FTAI) short percent of float has risen 12.18% since its last report. The company recently reported that it has 4.37 million shares sold short, which is 4.33% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.96 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
High-rolling investors have positioned themselves bullish on FTAI Aviation (NASDAQ:FTAI), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in FTAI often signals that someone has privileged information. Today, Benzinga's options scanner spotted 11 options trades for FTAI Aviation. This is not a typical pattern. The sentiment among these major traders is split, with 36% bullish and 36% bearish. Among all the options we identified, there was one put, amounting to $36,000, and 10 calls, totaling $727,486. Expect
FTAI Aviation Ltd. (NYSE:FTAI) and Applied Industrial Technologies, Inc. (NYSE:AIT) were among small-cap stocks moving higher on Tuesday as the Russell 2000 Index had a fifth straight day of gains. The iShares Russell 2000 ETF (NYSE:IWM) gained 3.41% on Tuesday, ushering the index to a cumulative gain of over 9% across the last five sessions. This remarkable streak represents the Russell 2000's best five-day performance since June 2020. FTAI Aviation, a provider of aircraft operations and engine maintenance, rose 5.63% to close at $107.42 on Tuesday, while Applied Industrial gained 4.63% to $210.59. Also Read: Russell 2000 Rallies To 16-Month Highs: Best Performing Small-Cap Stocks
NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") today reported financial results for the third quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data) Selected Financial ResultsQ3'24 Net Income Attributable to Shareholders$78,147 Basic Earnings per Ordinary Share$0.76 Diluted Earnings per Ordinary Share$0.76 Adjusted EBITDA(1)$232,030 _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI, the ", Company", or "FTAI"))) plans to announce its financial results for the third quarter 2024 after the closing of Nasdaq on Wednesday, October 30, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.ftaiaviation.com/. In addition, management will host a conference call on Thursday, October 31, 2024, at 9:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register.vevent.com/register/BI913234e28b444fe8bfdec58056b9ad40. Once registered, participants will receive a
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") today reported financial results for the second quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data) Selected Financial Results Q2'24Net Loss Attributable to Shareholders $(228,205)Basic Earnings per Ordinary Share $(2.26)Diluted Earnings per Ordinary Share $(2.26)Adjusted EBITDA(1) $213,904 _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press
NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI, the ", Company", or "FTAI"))) plans to announce its financial results for the second quarter 2024 after the closing of Nasdaq on Tuesday, July 23, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.ftaiaviation.com/. In addition, management will host a conference call on Wednesday, July 24, 2024, at 8:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register.vevent.com/register/BIdca77333acf741569740cfda9a5d8b1a/. Once registered, participants will receive a dia
NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") today reported financial results for the first quarter 2024. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data)Selected Financial ResultsQ1'24Net Income Attributable to Shareholders$ 31,287Basic Earnings per Ordinary Share$0.31Diluted Earnings per Ordinary Share$0.31Adjusted EBITDA(1)$164,101 _______________________________(1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release.First
NEW YORK, March 22, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI, the ", Company", or "FTAI"))) plans to announce its financial results for the first quarter 2024 after the closing of Nasdaq on Thursday, April 25, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.ftaiaviation.com/. In addition, management will host a conference call on Friday, April 26, 2024 at 8:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register.vevent.com/register/BId3fa86dd156541f2888a619e6966f685/. Once registered, participants will receive a dial-i
NEW YORK, Feb. 22, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") today reported financial results for the fourth quarter and full year 2023. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data) Selected Financial ResultsQ4'23 Net Income Attributable to Shareholders$ 110,025 Basic Earnings per Ordinary Share from Continuing Operations$1.10 Diluted Earnings per Ordinary Share from Continuing Operations$1.09 Adjusted EBITDA(1)$162,331 _______________________________ 1) For definitions and reconciliat
NEW YORK, Jan. 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI, the ", Company", or "FTAI"))) plans to announce its financial results for the fourth quarter and full year 2023 after the closing of Nasdaq on Thursday, February 22, 2024. A copy of the press release and an earnings supplement will be posted to the Investor Relations section of the Company's website, https://www.ftaiaviation.com/. In addition, management will host a conference call on Friday, February 23, 2024 at 8:00 A.M. Eastern Time. The conference call may be accessed by registering via the following link https://register.vevent.com/register/BI5208d5ee8f4a42ec950edf6b9a21c1c2. Once registered, participants wi
NEW YORK and MIAMI, Dec. 01, 2023 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) announced its full ownership stake in QuickTurn Engine Center ("QuickTurn") following its acquisition of Unical Aviation Inc.'s 50% interest. Owning 100% of QuickTurn is expected to give FTAI tighter integration over the development and delivery of The Module Factory™ products and services. QuickTurn's commitment to delivering industry-leading turnaround times aligns seamlessly with FTAI's engine module maintenance strategy and further strengthens FTAI's ability to produce, service and test CFM56-7B/5B engines. "We extend our thanks to Unical for a year of invaluable partnership. Acquiring complete own
NEW YORK, Oct. 25, 2023 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) (the "Company" or "FTAI") today reported financial results for the third quarter 2023. The Company's consolidated comparative financial statements and key performance measures are attached as an exhibit to this press release. Financial Overview (in thousands, except per share data)Selected Financial ResultsQ3'23Net Income Attributable to Shareholders$32,973Basic Earnings per Ordinary Share from Continuing Operations$0.33Diluted Earnings per Ordinary Share from Continuing Operations$0.33Adjusted EBITDA(1)$154,218 _______________________________(1) For definitions and reconciliations of non-GAAP measures, pleas