FTAI Aviation(FTAI) GlobeNewswire News Room·2025-02-26 11:00Core Viewpoint - FTAI Aviation Ltd. has secured a 4 billion into on-lease aircraft while maintaining an asset-light business model [1][2][3] Group 1: Financing and Strategic Initiative - The financing is led by ATLAS SP Partners and Deutsche Bank AG, with FTAI aiming to become a major investor in mid-life, on-lease aircraft [1][2] - The Strategic Capital Initiative will utilize engine and module exchanges through FTAI's Maintenance, Repair and Exchange business, enhancing operational efficiency [1][2] - The total addressable market for FTAI's Aerospace Products business is estimated at $22 billion, with the company currently holding a 5% market share [2][4] Group 2: Market Context and Growth Potential - The aircraft finance industry is experiencing robust growth due to record-high global travel, providing favorable conditions for FTAI's initiatives [3] - FTAI's innovative approach to aircraft engine maintenance is expected to transform asset owners' perspectives and drive significant growth in the market [2][3] - The company anticipates continued expansion in its customer base, aiming to deliver cost and time savings through its differentiated services [2] Group 3: Advisory and Support - Legal counsel for the Strategic Capital Initiative includes Kirkland & Ellis LLP, McGuireWoods LLP, and Gibson, Dunn & Crutcher LLP, with Lincoln International LLC serving as financial advisor [5] - ATLAS SP Partners acted as the sole structuring agent and lead arranger for the financing, indicating strong institutional support for FTAI's strategy [5] Group 4: Company Overview - FTAI specializes in owning and maintaining commercial jet engines, particularly CFM56 and V2500 engines, and offers a proprietary portfolio of products to enhance cost savings for clients [8] - The company also invests in aviation assets and aerospace products that generate stable cash flows and potential for earnings growth [8]