FTAI Aviation Ltd. shareholders approved Ratification of the appointment of KPMG LLP as the independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-28 meeting.
“The Company’s shareholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes
FTAI Aviation Ltd. shareholders approved Non-binding advisory vote to approve the compensation of the named executive officers at the 2026-05-28 meeting.
“The Company’s shareholders voted to approve, on a non-binding advisory basis, the compensation of our named executive officers.”
Shareholder Votes
FTAI Aviation Ltd. shareholders approved Election of three Class I directors to serve until the 2029 Annual General Meeting at the 2026-05-28 meeting.
“The Company’s shareholders elected three Class I directors, who comprise all the directors of such class, to serve until the 2029 Annual General Meeting and until their respective successors are duly elected or appointed and qualified.”
Debt Financings
FTAI Aviation Ltd. incurred revolving credit of up to $2,025,000,000 with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR Rate plus a margin ranging from 1.25% to 2.00% per annum maturing April 24, 2031.
“On April 24, 2026 (the “Closing Date”), FTAI Aviation Investors LLC, a Delaware limited liability company (the “Borrower Representative”), entered into a Fourth Amended and Restated Credit Agreement (the “Credit Agreement”) with certain lenders and issuing banks and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “Administrative Agent”), amending and restating in its entirety the Third Amended and Restated Credit Agreement, dated as of May 23, 2024 (as amended prior to the effectiveness of the Credit Agreement). The Credit Agreement provides for revolving loans to be made available to the Borrower Representative and any additional borrowers in an aggregate principal amount of up to $2,025,000,000 (the “Revolving Credit Facility”)”
Material Agreements
FTAI Aviation Ltd. entered into Fourth Amended and Restated Credit Agreement with certain lenders and issuing banks and JPMorgan Chase Bank, N.A., as administrative agent valued at up to $2,025,000,000 (effective 2026-04-24).
“On April 24, 2026 (the “Closing Date”), FTAI Aviation Investors LLC, a Delaware limited liability company (the “Borrower Representative”), entered into a Fourth Amended and Restated Credit Agreement (the “Credit Agreement”) with certain lenders and issuing banks and JPMorgan Chase Bank, N.A., as administrative agent”
Earnings Releases
FTAI Aviation Ltd. reported first quarter 2026 results: net income $ 134,190, EPS $ 1.31.
“attached as an exhibit to this press release. Financial Overview (in thousands, except per share data) Selected Financial Results Q1’26 Net Income Attributable to Shareholders $ 134,190 Basic Earnings per Ordinary Share $ 1.31 Diluted Earnings per Ordinary Share $ 1.29 Adjusted EBITDA (1) $ 325,577 (1) For definitions and reconciliations of non-GAAP measures,”
M&A Transactions
FTAI Aviation Ltd. completed a disposition involving FTAI Aircraft Leasing Ireland (2025) DAC, FTAI Aircraft Leasing Bermuda (2025) Ltd. and FTAI Aircraft Leasing US (2025) LLC for approximately $418.1 million (closed 2025-09-01).
“As of September 1, 2025, the Company has completed the sale of 39 aircraft as part of the 2025 Aircraft Sale for an aggregate net purchase price of approximately $418.1 million.”
Auditor Changes
FTAI Aviation Ltd. dismissed Ernst & Young LLP as its auditor.
“the Company dismissed EY as the Company’s independent registered public accounting firm”
Auditor Changes
FTAI Aviation Ltd. engaged KPMG LLP as its auditor.
“(the “Company” or “FTAI”) approved the engagement of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2025, effective as of June 17, 2025. Prior to KPMG’s engagement, the Audit Committee conducted a comprehensive, competitive auditor selection process that included registered public accounting firms that the Audit Committee believed might be able to serve as auditor for the Company, including Ernst & Young LLP (“EY”), which had been engaged as the Company’s independent registered public accounting firm since 2016.”
Shyam Gidumal was appointed as independent director at FTAI Aviation Ltd..
“appointed Shyam Gidumal as an independent director of the Company, effective May 7, 2025.”
David Moreno was appointed as principal operating officer at FTAI Aviation Ltd..
“appointed David Moreno as the Company’s principal operating officer and elected Mr. Moreno as an “officer” for purposes of Section 16 of the Securities Exchange Act of 1934”
Earnings Releases
FTAI Aviation Ltd. reported first quarter 2024 results: net income $ 31,287, EPS $ 0.31.
“FTAI Aviation Ltd. Reports First Quarter 2024 Results”
Material Agreements
FTAI Aviation Ltd. terminated 2025 Notes Indenture for 6.50% Senior Notes due 2025 with U.S. Bank Trust Company, National Association valued at Redemption of $650.0 million aggregate principal amount of 6.50% Senior Notes due 2025, deposit of $ (effective 2024-04-02).
“On April 2, 2024, under the indenture, dated as of September 18, 2018, between the Issuer and the Trustee (as supplemented from time to time, the “2025 Notes Indenture”), the Issuer issued a conditional notice of redemption for any and all of the Issuer’s $650.0 million outstanding aggregate principal amount of its 2025 Notes, less the aggregate principal amount of 2025 Notes validly tendered and accepted in the Issuer’s concurrent Tender Offer.”
Material Agreements
FTAI Aviation Ltd. entered into Indenture for 7.000% Senior Notes due 2031 with U.S. Bank Trust Company, National Association valued at $700,000,000 7.000% Senior Notes due 2031 (effective 2024-04-11).
“On April 11, 2024, Fortress Transportation and Infrastructure Investors LLC (the “Issuer”) issued $700,000,000 of its 7.000% Senior Notes due 2031”
Earnings Releases
FTAI Aviation Ltd. reported fourth quarter and full year 2023 results: net income 110,025, EPS 1.10.
“FTAI Aviation Ltd. Reports Fourth Quarter and Full Year 2023 Results, Declares Dividend of $0.30 per Ordinary Share”
Debt Financings
FTAI Aviation Ltd. incurred senior notes of $500.0 million aggregate principal amount with Issuer: Fortress Transportation and Infrastructure Investors LLC (subsidiary of FTAI Aviation Ltd.), Guarantor: FTAI Aviation Ltd. at 7.875% per annum maturing December 1, 2030.
“On November 21, 2023, FTAI Aviation Ltd. (“FTAI Aviation” and, together with its consolidated subsidiaries, the “Company,” “we,” “us” or “our”) announced that Fortress Transportation and Infrastructure Investors LLC, its subsidiary (the “Issuer”) closed its previously announced private offering (the “Private Offering”) of $500.0 million aggregate principal amount of 7.875% senior notes due 2030 (the “Notes”).”
Material Agreements
FTAI Aviation Ltd. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $500.0 million aggregate principal amount of 7.875% senior notes due 2030 (effective 2023-11-21).
“fortress Transportation and Infrastructure Investors LLC, its subsidiary (the “Issuer”) closed its previously announced private offering (the “Private Offering”) of $500.0 million aggregate principal amount of 7.875% senior notes due 2030 (the “Notes”). The Notes were issued pursuant to an indenture, dated as of November 21, 2023 (the “Indenture”), among the Issuer, the Company, as guarantor, and U.S. Bank Trust Company, National Association, as trustee.”
Earnings Releases
FTAI Aviation Ltd. reported third quarter 2023 results: net income $ 32,973, EPS $ 0.33.
“FTAI Aviation Ltd. Reports Third Quarter 2023 Results”
Earnings Releases
FTAI Aviation Ltd. reported the second quarter 2023 results: net income $46,418, EPS $0.46.
“Selected Financial Results Q2’23 Net Income Attributable to Shareholders $ 46,418 Basic Earnings per Ordinary Share from Continuing Operations $ 0.47 Diluted Earnings per Ordinary Share from Continuing Operations $ 0.46”
Shareholder Votes
FTAI Aviation Ltd. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-05-25 meeting.
“The Company’s shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.”
Shareholder Votes
FTAI Aviation Ltd. shareholders approved Election of three Class I directors at the 2023-05-25 meeting.
“The Company’s shareholders elected three Class I directors, who comprise all the directors of such class, to serve until the 2026 Annual General Meeting and until their respective successors are duly elected or appointed and qualified.”
Earnings Releases
FTAI Aviation Ltd. reported first quarter 2023 results: net income Net Income Attributable to Shareholders $ 22,606, EPS Diluted Earnings per Ordinary Share from Continuing Operations $ 0.22.
“today reported financial results for the first 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 Results Q1’23 Net Income Attributable to Shareholders $ 22,606 Basic Earnings per Ordinary Share from Continuing Operations $ 0.23 Diluted Earnings per Ordinary Share from Continuing Operations $ 0.22”
Material Agreements
FTAI Aviation Ltd. entered into Underwriting Agreement with Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, Stifel, Nicolaus & Company, Incorporated and UBS Securities LLC, as representatives of the underwriters (effective 2023-03-08).
“On March 8, 2023, FTAI Aviation Ltd. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Morgan Stanley & Co. LLC, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC, Stifel, Nicolaus & Company, Incorporated and UBS Securities LLC, as representatives of the underwriters named therein (collectively, the “Underwriters”).”
Earnings Releases
FTAI Aviation Ltd. reported the quarter ended December 31, 2022 results: net income $20,010, EPS $0.20 per diluted share.
“Financial Overview (in thousands, except per share data) Selected Financial Results Q4’22 Net Income Attributable to Shareholders $ 20,010 Basic Earnings per Ordinary Share for Continuing Operations $ 0.20 Diluted Earnings per Ordinary Share for Continuing Operations $ 0.20”
Material Agreements
FTAI Aviation Ltd. amended Amendment No. 1 with Citizens Bank, National Association valued at $75,000,000 (effective 2022-11-22).
“On November 22, 2022 (the “Closing Date”), Fortress Transportation and Infrastructure Investors LLC, a Delaware limited liability company (the “Company”) and wholly-owned subsidiary of the registrant, FTAI Aviation Ltd. (“FTAI Aviation”), entered into Amendment No. 1 (the “Amendment”) to the Second Amended & Restated Credit Agreement (the “A&R Credit Agreement”), dated as of September 20, 2022, among the Company, as the borrower, certain lenders and issuing banks from time to time party thereto and JPMorgan Chase Bank, N.A., as administrative agent. The Amendment provides for an increase in the revolving Commitments (as defined in the A&R Credit Agreement) in the form of additional revolving commitments by Citizens Bank, National Association, as Incremental Lender (under and as defined in the Amendment) to be made available to the Company in an aggregate principal amount of $75,000,000 (the “Incremental Commitment”).”
Governance Changes
FTAI Aviation Ltd.: Amended and restated Old FTAI's limited liability company agreement to align board composition with New FTAI, update board and shareholder meeting procedures, remove annual meeting requirement, allow written consent, remove share certification, remove reporting obligations to record holders, and rev (effective 2022-11-10).
“On November 10, 2022, the board of directors of Old FTAI amended and restated Old FTAI’s limited liability company agreement (the “LLCA”), effective as of such date. Among other things, the amendments: (a) provide for the Old FTAI’s board composition and size to be identical to the board composition and size of the board of directors of New FTAI, (b) update the procedural mechanics for meetings of the board of directors including providing that any meetings held by the board of directors of New FTAI will also be deemed to constitute meetings of the board of directors, (c) update the procedural mechanics for shareholder meetings including removing the requirement for holding annual meetings and providing for shareholders to act by written consent, (d) remove the requirement for Old FTAI shares to be certificated, (e) remove Old FTAI’s reporting obligations to record holders and (f) revise the tax provisions in the LLCA to reflect the fact that the Company became a wholly-owned subsidiar”
Governance Changes
FTAI Aviation Ltd.: Adopted a Code of Business Conduct and Ethics for all employees, officers and employees (effective 2022-11-10).
“On November 10, 2022, the board of directors of New FTAI adopted a Code of Business Conduct and Ethics for all employees, officers and employees of New FTAI, a copy of which is available on the Company’s website at www.ftaiaviation.com”
M&A Transactions
FTAI Aviation Ltd. underwent a change of control involving New FTAI (closed 2022-11-10).
“On November 10, 2022, New FTAI completed the merger and, in accordance with the Merger Agreement, Merger Sub merged with and into Old FTAI, with Old FTAI surviving the merger and becoming a wholly-owned subsidiary of New FTAI.”
M&A Transactions
FTAI Aviation Ltd. completed an acquisition involving Fortress Transportation and Infrastructure Investors LLC (Old FTAI) (closed 2022-11-10).
“On November 10, 2022, New FTAI completed the merger and, in accordance with the Merger Agreement, Merger Sub merged with and into Old FTAI, with Old FTAI surviving the merger and becoming a wholly-owned subsidiary of New FTAI.”
Material Agreements
FTAI Aviation Ltd. terminated Fourth Amended and Restated Partner Agreement with the Partnership valued at Termination in connection with merger (effective 2022-11-10).
“In connection with the merger, the Fourth Amended and Restated Partner Agreement dated May 20, 2015 (the “Partnership Agreement”) of the Partnership was terminated.”
Material Agreements
FTAI Aviation Ltd. entered into Amended and Restated Registration Rights Agreement with FIG LLC and Master GP valued at Registration rights agreement (effective 2022-11-10).
“On November 10, 2022, New FTAI and Old FTAI entered into an amended and restated registration rights agreement (the “Registration Rights Agreement”) with FIG LLC (the “Manager”) and Master GP.”
Material Agreements
FTAI Aviation Ltd. entered into Guarantees (2025 Notes Guarantee, 2027 Notes Guarantee, 2028 Notes Guarantee, Revolver Guarantee) with Old FTAI valued at Full and unconditional guarantee of principal and interest on Old FTAI's senior unsecured notes and (effective 2022-11-10).
“On November 10, 2022, Old FTAI became a wholly-owned subsidiary of New FTAI as a result of the merger and New FTAI entered into (i) a guarantee with respect to Old FTAI’s 6.50% Senior Unsecured Notes due 2025 (the “2025 Notes”), dated as of November 10, 2022 (the “2025 Notes Guarantee”), with New FTAI as guarantor (the “Guarantor”), (ii) a guarantee with respect to Old FTAI’s 9.75% Senior Unsecured Notes due 2027 (the “2027 Notes”), dated as of November 10, 2022 (the “2027 Notes Guarantee”), with New FTAI as Guarantor, (iii) a guarantee with respect to Old FTAI’s 5.50% Senior Unsecured Notes due 2028 (the “2028 Notes”, and, together with the 2025 Notes and 2027 Notes, the “Notes”), dated as of November 10, 2022 (the “2028 Notes Guarantee”), with New FTAI as Guarantor, and (iv) a guarantee with respect to Old FTAI’s Second Amended and Restated Credit Agreement, dated as of September 20, 2022 (the “Revolving Credit Facility,” and such guarantee, the “Revolver Guarantee”), with New FTAI a”
Debt Financings
FTAI Aviation Ltd. incurred guarantee.
“(iv) a guarantee with respect to Old FTAI’s Second Amended and Restated Credit Agreement, dated as of September 20, 2022 (the “Revolving Credit Facility,” and such guarantee, the “Revolver Guarantee”), with New FTAI as Guarantor”
Debt Financings
FTAI Aviation Ltd. incurred guarantee at 5.50% maturing 2028.
“(iii) a guarantee with respect to Old FTAI’s 5.50% Senior Unsecured Notes due 2028 (the “2028 Notes”, and, together with the 2025 Notes and 2027 Notes, the “Notes”), dated as of November 10, 2022 (the “2028 Notes Guarantee”), with New FTAI as Guarantor,”
Debt Financings
FTAI Aviation Ltd. incurred guarantee at 9.75% maturing 2027.
“(ii) a guarantee with respect to Old FTAI’s 9.75% Senior Unsecured Notes due 2027 (the “2027 Notes”), dated as of November 10, 2022 (the “2027 Notes Guarantee”), with New FTAI as Guarantor,”
Debt Financings
FTAI Aviation Ltd. incurred guarantee at 6.50% maturing 2025.
“New FTAI entered into (i) a guarantee with respect to Old FTAI’s 6.50% Senior Unsecured Notes due 2025 (the “2025 Notes”), dated as of November 10, 2022 (the “2025 Notes Guarantee”), with New FTAI as guarantor (the “Guarantor”),”
Material Agreements
FTAI Aviation Ltd. entered into Revolver Guarantee with Old FTAI valued at Full and unconditional guarantee of principal and interest on Old FTAI's Second Amended and Restated (effective 2022-11-10).
“Under the Revolver Guarantee, the Guarantor has provided a full and unconditional guarantee of the due and punctual payment of the principal and interest on Revolving Credit Facility, and the due and punctual payment or performance of all other obligations of New FTAI under the Revolving Credit Facility.”
Material Agreements
FTAI Aviation Ltd. entered into 2028 Notes Guarantee with Old FTAI valued at Full and unconditional guarantee of principal and interest on Old FTAI's 5.50% Senior Unsecured Note (effective 2022-11-10).
“Under the 2028 Notes Guarantee, the Guarantor has provided a full and unconditional guarantee of the due and punctual payment of the principal and interest on Old FTAI’s 2028 Notes, and the due and punctual payment or performance of all other obligations of New FTAI under the indenture, dated as of April 12, 2021, between Old FTAI and the Trustee, and as supplemented by the first supplemental indenture, dated as of September 24, 2021 (the “2028 Notes Indenture”).”
Material Agreements
FTAI Aviation Ltd. entered into 2027 Notes Guarantee with Old FTAI valued at Full and unconditional guarantee of principal and interest on Old FTAI's 9.75% Senior Unsecured Note (effective 2022-11-10).
“Under the 2027 Notes Guarantee, the Guarantor has provided a full and unconditional guarantee of the due and punctual payment of the principal and interest on Old FTAI’s 2027 Notes, and the due and punctual payment or performance of all other obligations of New FTAI under the indenture, dated as of July 28, 2020 , between Old FTAI and the Trustee (the “2027 Notes Indenture”).”
Material Agreements
FTAI Aviation Ltd. entered into 2025 Notes Guarantee with Old FTAI valued at Full and unconditional guarantee of principal and interest on Old FTAI's 6.50% Senior Unsecured Note (effective 2022-11-10).
“Under the 2025 Notes Guarantee, the Guarantor has provided a full and unconditional guarantee of the due and punctual payment of the principal and interest on Old FTAI’s 2025 Notes, and the due and punctual payment or performance of all other obligations of New FTAI under the indenture, dated as of September 18, 2018, between Old FTAI and the Trustee, as supplemented by the first supplemental indenture, dated as of May 21, 2019, and as further supplemented by the second supplemental indenture, dated December 23, 2020 (the “2025 Notes Indenture”).”
Shareholder Votes
FTAI Aviation Ltd. shareholders approved Adjournment Proposal to permit further solicitation if necessary at the 2022-11-09 meeting.
“The Company’s shareholders approved the proposal to adjourn the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated count at the time of the Special Meeting, FTAI is not authorized to consummate the merger (the “Adjournment Proposal”).”
Shareholder Votes
FTAI Aviation Ltd. shareholders approved Adoption of the Agreement and Plan of Merger at the 2022-11-09 meeting.
“The Company’s shareholders approved the proposal to adopt the Agreement and Plan of Merger, dated as of August 12, 2022, by and among the Company, FTAI Finance Holdco Ltd. (to be known as FTAI Aviation Ltd. following the Holdco Merger (as defined in the proxy statement/prospectus)) (“FTAI Aviation”), and FTAI Aviation Merger Sub LLC (“Merger Sub”) which, among other things, provides for the merger of Merger Sub with and into the Company (the “Merger”) with the Company surviving the Merger and becoming a wholly-owned subsidiary of FTAI Aviation.”
Earnings Releases
FTAI Aviation Ltd. reported third quarter 2022 results: net income $(22,849), EPS $(0.23) per diluted share.
“Net Loss Attributable to Shareholders $ 22,849 Basic Loss per Common Share $ 0.23 Diluted Loss per Common Share $ 0.23”
Eun (Angela) Nam was appointed as Chief Financial Officer at FTAI Aviation Ltd..
“The Board of Directors of the Company appointed Eun (Angela) Nam as the Company’s Chief Financial Officer, effective August 1, 2022.”
Scott Christopher resigned as Chief Financial Officer at FTAI Aviation Ltd..
“Scott Christopher resigned as the Company’s Chief Financial Officer.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.