Financial Performance - Net Income Attributable to Shareholders for Q3 2024 was $78.1 million, with Basic and Diluted Earnings per Ordinary Share at $0.76[1] - Adjusted EBITDA for Q3 2024 reached $232.0 million[1] - Total Revenues for Q3 2024 were $465.8 million, a significant increase from $291.1 million in Q3 2023[11] - Adjusted EBITDA for Q3 2024 was $232,030, a $77,812 increase compared to $154,218 in Q3 2023[16] - Net income attributable to shareholders for Q3 2024 was $78,147, up $45,174 from $32,973 in Q3 2023[16] - Adjusted EBITDA for the nine months ended September 30, 2024, was $610,035, a $175,084 increase from $434,951 in the same period in 2023[16] Aerospace Products Segment - Aerospace Products segment reported over $100 million in Adjusted EBITDA[4] - Aerospace Products Revenue for Q3 2024 was $303.5 million, up from $118.7 million in Q3 2023[11] Balance Sheet and Financial Position - Total Assets as of September 30, 2024, were $3.74 billion, compared to $2.96 billion as of December 31, 2023[12] - Debt, net as of September 30, 2024, stood at $3.22 billion, up from $2.52 billion as of December 31, 2023[12] - Cash and Cash Equivalents as of September 30, 2024, were $111.9 million, compared to $90.8 million as of December 31, 2023[12] - Shareholders' equity decreased to $118,532 from $175,349, reflecting a significant reduction in equity[13] - Total liabilities and equity increased to $3,738,910 from $2,964,685, indicating growth in the company's financial obligations[13] Dividends and Shareholder Returns - The company declared a cash dividend of $0.30 per ordinary share for Q3 2024[2] - Dividends on Series B, C, and D Preferred Shares were declared at $0.50000, $0.51563, and $0.59375 per share, respectively, for Q3 2024[3] Expenses and Charges - Depreciation and amortization expense for Q3 2024 was $69,453, a $10,073 increase from $59,380 in Q3 2023[16] - Interest expense and dividends on preferred shares rose to $66,272 in Q3 2024, up $17,753 from $48,519 in Q3 2023[16] - Asset impairment charges for the nine months ended September 30, 2024, were $962, a $258 decrease from $1,220 in the same period in 2023[16] Other Financial Metrics - Internalization fee to affiliate contributed $300,000 to Adjusted EBITDA for the nine months ended September 30, 2024[16] - Pro-rata share of Adjusted EBITDA from unconsolidated entities was $(382) in Q3 2024, compared to $642 in Q3 2023[16]

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 Ordinar ...

In its upcoming report, FTAI Aviation (FTAI) is predicted by Wall Street analysts to post quarterly earnings of $0.75 per share, reflecting an increase of 127.3% compared to the same period last year. Revenues are forecasted to be $429.29 million, representing a year-over-year increase of 47.5%.Over the last 30 days, there has been a downward revision of 1.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ...

FTAI Aviation (FTAI) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a cha ...

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 (t ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our inhouse developed data analytics platform. I have been covering FTAI Aviation (NASDAQ: FTAI ) since September 2023 and the stock has performed phenomenally with a return of more than 250% and 66% since my report published in May . With share prices having climbed sharply, we Dhierin runs th ...

With Hidden Dividend Stocks Plus he scours the world's markets to find solid income opportunities with dividend yields ranging from 5% to 10% or more, backed by strong earnings. Features include: a portfolio with up to 40 holdings at a time including links to associated articles, a dividend calendar, weekly research articles, exclusive ideas, and trade alerts. Learn More . Robert Hauver, MBA, aka "Double Dividend Stocks" was VP of Finance for an industry-leading corporation for 18 years and has been investi ...

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 c ...

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 Mo ...

E 1 1 H 1 1 11 2 I I I I P H - 17 11 1 H I I 1 H Stephen Simpson Introduction FTAI Infrastructure (NASDAQ:FIP) is an owner and operator of North American energy infrastructure with assets like freight railroads, ports and terminals, and a natural gas plant, among others. Given infrastructure has been all the rage over the last few years, with major asset managers and even billionaires getting on the bandwagon, I've been on the hunt to find infrastructure-related names I think might represent good value at c ...