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

Financial Overview - The company reported a net income attributable to shareholders of $161.7 million for Q2 2025, with basic earnings per share of $1.58 and diluted earnings per share of $1.57, representing an 80% increase compared to Q1 2025 [2][9] - Adjusted EBITDA for the quarter was $347.8 million, reflecting a 26% increase from Q1 2025 [2][9] Dividends - The Board declared a cash dividend of $0.30 per ordinary share for the quarter ended June 30, 2025, payable on August 19, 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 August 15, 2025 [4] Business Highlights - The company generated over $400 million in positive Adjusted Free Cash Flow and ended the quarter with $302 million in cash and $400 million fully undrawn from its corporate revolving credit facility [6] - The Aerospace Products segment experienced 81% year-over-year growth in Adjusted EBITDA in Q2 2025, increasing its market share to approximately 9% from 5% the previous year [6] - The SCI Partnership is on track to deploy $4 billion of capital in 2025, with 145 aircraft owned or under letter of intent, compared to a target of 250 [6] Revenue Breakdown - Total revenues for Q2 2025 were $676.2 million, up from $443.6 million in Q2 2024 [17] - Aerospace products revenue was $420.7 million, while MRE Contract revenue was $69.6 million [17] Cash Flow - Adjusted Free Cash Flow for the three months ended June 30, 2025, was comprised of net cash used in operating activities of $(110.3) million, net cash provided by investing activities of $523.8 million, and an adjustment for a joint venture investment of $10.0 million [32]