---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-001452"
form_type: "8-K"
ticker: "FTAI"
cik: "0001590364"
company_name: "FTAI Aviation Ltd."
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:10:23.011572+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FTAI Aviation addresses Muddy Waters short report; 10-K may be delayed; guides 2025 EBITDA $1.1-1.15B

## Summary
- Audit Committee launched review following Muddy Waters report; company 'strongly disagrees' but 10-K filing may be delayed.
- CEO remarks: 2025 Adjusted EBITDA guidance of $1.1-1.15B, with Aviation Leasing ~$500M and Aerospace Products $600-650M.
- Strategic capital initiative targeting $3B+ annual deployment; first partnership acquiring 46 aircraft from FTAI for $549M.
- PMA: two of five parts approved; third certification very close; expects margins to improve.
- Depreciation policy unchanged since 2015; residual values ~50% of cost; Return on Gross Assets ~10% for nine months ended Sep 30, 2024.

## SEC filing metadata
- accession: 0001140361-25-001452
- form_type: 8-K
- ticker: FTAI
- cik: 0001590364
- company_name: FTAI Aviation Ltd.
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590364/000114036125001452/0001140361-25-001452-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590364/000114036125001452/ef20041894_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-001452
- JSON: https://secwatch.observer/filing/0001140361-25-001452.json
- Plain text: https://secwatch.observer/filing/0001140361-25-001452.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.