FTAI Aviation Ltd. Reports First Quarter 2025 Results, Declares Dividend of $0.30 per Ordinary Share

Core Viewpoint - FTAI Aviation Ltd. reported strong financial results for Q1 2025, highlighting significant growth in net income and adjusted EBITDA, alongside the declaration of dividends for shareholders [1][2][3]. Financial Overview - Net income attributable to shareholders for Q1 2025 was $89.944 million, compared to $31.287 million in Q1 2024, representing a year-over-year increase of 187% [2][10]. - Basic earnings per ordinary share were $0.88, while diluted earnings per share were $0.87 for Q1 2025 [2]. - Adjusted EBITDA for the quarter was $268.558 million, up from $164.101 million in the same period last year, marking a 64% increase [2][24]. Dividends - The Board declared a cash dividend of $0.30 per ordinary share for Q1 2025, payable on May 23, 2025, to shareholders of record on May 16, 2025 [3]. - Cash dividends for Series C and Series D Preferred Shares were declared at $0.51563 and $0.59375 per share, respectively, payable on May 19, 2025 [4]. Business Highlights - FTAI generated $131 million of adjusted EBITDA from aerospace products, achieving a margin of 36% [10]. - The company's Module Factory has over 100 customers globally, indicating strong market demand [10]. - As of March 31, 2025, FTAI owned or had letters of intent for 98 aircraft under its Strategic Capital Initiative 2025 partnership [10]. Additional Information - The company focuses on maintaining commercial jet engines, particularly CFM56 and V2500 engines, and offers a proprietary portfolio of products that provide cost savings and flexibility to its clients [12]. - FTAI invests in aviation assets and aerospace products that generate strong and stable cash flows, with potential for earnings growth and asset appreciation [12].