FTAI Aviation Ltd. and LATAM Airlines Group S.A. Engineer Perpetual Power Program

NEW YORK and SANTIAGO, Chile, April 25, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) announces the successful execution of a Perpetual Power Agreement with LATAM Airlines Group S.A. (LATAM). The agreement provides LATAM with a comprehensive engine power solution comprising both CFM56 and V2500 engines, leveraging FTAI's expertise in Maintain, Repair and Exchange (MRE), through an engine exchange program and a sale and lease transaction for over 30 aircraft. This program is designed to offer LAT ...