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 ...

Core Viewpoint - FTAI Infrastructure is positioned to benefit from the ongoing infrastructure boom, but recent earnings results indicate potential challenges in meeting market expectations [4][6][9]. Company Overview - FTAI Infrastructure (NASDAQ:FIP) operates North American energy infrastructure, including freight railroads, ports, terminals, and a natural gas plant [4]. - The company was spun out of FTAI Aviation in 2022 and is managed by Fortress Investment Group [5]. - Key assets include Railroad (Transtar), Jefferson Terminal, Repauno, Power and Gas, and Sustainability and Energy Transition [5]. Financial Performance - Over the past year, FTAI Infrastructure shares have increased by 192%, significantly outperforming the S&P 500's 20% return [6][7]. - For Q2 2024, the company reported revenues of $84.9 million, a 3.7% year-over-year increase, but missed analyst estimates by $9 million [9][10]. - Adjusted EBITDA for Q2 2024 was $34.3 million, with a significant contribution from the Transtar segment [10][11]. Segment Contributions - Transtar generated $22.1 million in EBITDA, making it the largest contributor to profitability [12]. - Jefferson Terminal's EBITDA increased to $12.3 million, up from $7.1 million the previous year, benefiting from high throughput volumes [12]. - The Power and Gas division reported a negative EBITDA of -$1.5 million, but future demand from AI-focused data centers may improve this segment [12]. Future Outlook - Management projects an annual run rate EBITDA of $200 million by the end of 2024, with expectations to exceed this in 2025 [13]. - The company is preparing for further developments, including construction at Repauno and potential improvements in the Power and Gas division [12][13]. Valuation Considerations - After accounting for $119 million in annual interest expenses and $50 million in maintenance capex, the adjusted cash flow to equity holders is estimated at $31 million [14]. - This results in a high valuation multiple of 33.4x free cash flow, raising concerns about the sustainability of the current share price [14][15]. - Analysts maintain 'buy' ratings, with an average price target of $11.33, suggesting a potential upside of 15.3% [15].

NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) -- FTAI Infrastructure Inc. (NASDAQ:FIP) (the "Company" or "FTAI Infrastructure") 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' ...

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For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Has FTAI Aviation (FTAI) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Aerospace sector should help us answer this question. FTAI Aviation is one of 46 individual stocks in the Aerospace sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank considers ...

Wall Street watches a company's quarterly report closely to understand as much as possible about its recent performance and what to expect going forward. Of course, one figure often stands out among the rest: earnings. Hunting for 'earnings whispers' or companies poised to beat their quarterly earnings estimates is a somewhat common practice. But that doesn't make it easy. One way that has been proven to work is by using the Zacks Earnings ESP tool. The Zacks Earnings ESP, Explained With this in mind, the E ...

Exhibit 99.1 PRESS RELEASE FTAI Aviation Ltd. Reports Second Quarter 2024 Results, Declares Dividend of $0.30 per Ordinary Share (1) For definitions and reconciliations of non-GAAP measures, please refer to the exhibit to this press release. Second Quarter 2024 Dividends On July 23, 2024, the Company's Board of Directors (the "Board") declared a cash dividend on our ordinary shares of $0.30 per share for the quarter ended June 30, 2024, payable on August 20, 2024 to the holders of record on August 12, 2024. ...

FTAI Aviation, which belongs to the Zacks Aerospace - Defense Equipment industry, posted revenues of $443.59 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 22.57%. This compares to year-ago revenues of $274.35 million. The company has topped consensus revenue estimates three times over the last four quarters. While FTAI Aviation has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? It will be interesting ...

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. Second Quarter 2024 Dividends Aerospace Products reaches new Adjusted EBITDA high of $91.2mm for Q2. (1) FTAI has inducted 20 V2500 engines year to date and expects to induct an additional 30 by year end. FT ...