earnings
confidence high
sentiment positive
materiality 0.65
FTAI Aviation Q4 net income $20M, adj EBITDA $123.5M; declares $0.30 dividend
FTAI Aviation Ltd.
- Net income attributable to shareholders of $20.0M; basic EPS $0.20 for continuing ops.
- Adjusted EBITDA of $123.5M for Q4 2022.
- Purchased $298M of assets (16 aircraft, 19 engines); sold non-core assets for $123M net proceeds.
- Declared $0.30 per ordinary share dividend payable March 22, 2023 to holders of record March 10.
- CEO cites strong demand for CFM56 products as airlines extend 737NG/A320ceo fleets.