Latest news with #FTAI
Yahoo
6 hours ago
- Automotive
- Yahoo
FTAI Aviation Ltd. Announces Closing of QuickTurn Europe Joint Venture
Joint Venture Will Increase FTAI's Global Maintenance Capacity by Approximately 40% NEW YORK and ROME, June 05, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (Nasdaq: FTAI) ('FTAI' or the 'Company') today announced that it has closed its previously announced acquisition of a 50% ownership stake in IAG Engine Center Europe S.r.l. ('IAG Engine Center'), an Italian company operating a 200,000 square-foot CFM56 engine maintenance repair and overhaul facility located at the Rome Fiumicino Airport, which has been rebranded Quick Turn Engine Center Europe S.r.l., or 'QuickTurn Europe.' Highlights of the joint venture include: Adds third owned and managed CFM56 engine shop to FTAI Aviation network, complementing existing facilities in Montréal and Miami Increases FTAI's module maintenance capacity by 450 modules (150 engines) per year, representing a 33% increase to FTAI's current capacity of 1,350 modules (450 engines) State-of-the-art CFM56 engine test-cell Expects to quickly ramp up production, with piece-part repair capabilities anticipated to be operational in second half of 2025 'Our joint venture with IAG Engine Center marks a milestone in our expansion into Europe and our overall maintenance capabilities,' said Joe Adams, CEO of FTAI Aviation. 'QuickTurn Europe's robust repair capabilities will provide expanded maintenance, repair, and exchange (MRE) services to FTAI's global customer base in a critical geographic location, ensuring increased efficiency and reliability for our customers. With this additional capacity at the internationally leading Rome Fiumicino Airport, one of Europe's most important, innovative, and fastest growing airports, we are excited about the growth opportunities ahead as we help support airlines in their long-term maintenance needs.' 'The partnership with FTAI will optimize operations at the facility, enabling faster, more efficient services to airlines across Europe. We are excited to continue to innovate and bring additional value to airlines and asset owners around the world,' said Mauricio Luna, CEO of IAG Engine Center. 'FTAI's investment further strengthens the Rome Fiumicino Airport's position as a key player in the global aviation ecosystem,' said Ivan Bassato, Chief Aviation Officer of Aeroporti di Roma (ADR). 'Rome Fiumicino Airport's central location and connectivity make it an ideal hub for providing just-in-time engine maintenance services. With this significant industrial investment, we expect hundreds of new skilled jobs will be created as QuickTurn Europe grows, with a very positive and direct impact for the economy of the cities of Fiumicino and Rome, the region Lazio and all of Italy.' The integration of QuickTurn Europe with FTAI's current maintenance capabilities in Montréal and Miami will help address the strong demand from the Company's global customer base. In total, the joint venture operating at full capacity brings FTAI's maintenance capacity to 1,800 CFM56 modules and over 600 engine tests annually. 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 Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer base. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation. About IAG Engine Center Europe Located at Rome Fiumicino Airport, IAG Engine Center Europe specializes in the maintenance, repair, and overhaul (MRO) of CFM56-5B and CFM56-7B engines. The facility features extensive piece-part repair capabilities and includes a state-of-the-art test cell. Situated at one of Europe's busiest airports, which serves 91 airlines and approximately 50 million passengers annually, IAG Engine Center Europe benefits from Fiumicino's unparalleled connectivity across Europe. Cautionary Note Regarding Forward-Looking Statements This communication contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the timing for the piece-part repair capabilities to become operational, and the expected number of new jobs to be created as QuickTurn Europe ramps up. You can identify these forward-looking statements by the use of forward-looking words such as 'outlook,' 'believes,' 'expects,' 'potential,' 'continues,' 'may,' 'will,' 'should,' 'could,' 'seeks,' 'approximately,' 'predicts,' 'intends,' 'plans,' 'estimates,' 'anticipates,' 'target,' 'projects,' 'contemplates' or the negative version of those words or other comparable words. Any forward-looking statements contained in this communication are based upon FTAI's historical performance and on its current plans, estimates and expectations in light of information currently available to it. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in these statements, including, but not limited to, the risk factors set forth in Item 1A. 'Risk Factors' of FTAI's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and FTAI's Quarterly Reports on Form 10-Q, as updated by annual, quarterly and other reports FTAI files with the SEC. Contacts Investors Alan AndreiniInvestor Relations, FTAI Aviation Ltd.(646) 734-9414aandreini@ Media Tim Lynch / Aaron Palash / Kelly SullivanJoele Frank, Wilkinson Brimmer Katcher(212) 355-4449Sign in to access your portfolio
Yahoo
8 hours ago
- Automotive
- Yahoo
FTAI Aviation Ltd. Announces Closing of QuickTurn Europe Joint Venture
Joint Venture Will Increase FTAI's Global Maintenance Capacity by Approximately 40% NEW YORK and ROME, June 05, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (Nasdaq: FTAI) ('FTAI' or the 'Company') today announced that it has closed its previously announced acquisition of a 50% ownership stake in IAG Engine Center Europe S.r.l. ('IAG Engine Center'), an Italian company operating a 200,000 square-foot CFM56 engine maintenance repair and overhaul facility located at the Rome Fiumicino Airport, which has been rebranded Quick Turn Engine Center Europe S.r.l., or 'QuickTurn Europe.' Highlights of the joint venture include: Adds third owned and managed CFM56 engine shop to FTAI Aviation network, complementing existing facilities in Montréal and Miami Increases FTAI's module maintenance capacity by 450 modules (150 engines) per year, representing a 33% increase to FTAI's current capacity of 1,350 modules (450 engines) State-of-the-art CFM56 engine test-cell Expects to quickly ramp up production, with piece-part repair capabilities anticipated to be operational in second half of 2025 'Our joint venture with IAG Engine Center marks a milestone in our expansion into Europe and our overall maintenance capabilities,' said Joe Adams, CEO of FTAI Aviation. 'QuickTurn Europe's robust repair capabilities will provide expanded maintenance, repair, and exchange (MRE) services to FTAI's global customer base in a critical geographic location, ensuring increased efficiency and reliability for our customers. With this additional capacity at the internationally leading Rome Fiumicino Airport, one of Europe's most important, innovative, and fastest growing airports, we are excited about the growth opportunities ahead as we help support airlines in their long-term maintenance needs.' 'The partnership with FTAI will optimize operations at the facility, enabling faster, more efficient services to airlines across Europe. We are excited to continue to innovate and bring additional value to airlines and asset owners around the world,' said Mauricio Luna, CEO of IAG Engine Center. 'FTAI's investment further strengthens the Rome Fiumicino Airport's position as a key player in the global aviation ecosystem,' said Ivan Bassato, Chief Aviation Officer of Aeroporti di Roma (ADR). 'Rome Fiumicino Airport's central location and connectivity make it an ideal hub for providing just-in-time engine maintenance services. With this significant industrial investment, we expect hundreds of new skilled jobs will be created as QuickTurn Europe grows, with a very positive and direct impact for the economy of the cities of Fiumicino and Rome, the region Lazio and all of Italy.' The integration of QuickTurn Europe with FTAI's current maintenance capabilities in Montréal and Miami will help address the strong demand from the Company's global customer base. In total, the joint venture operating at full capacity brings FTAI's maintenance capacity to 1,800 CFM56 modules and over 600 engine tests annually. 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 Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer base. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation. About IAG Engine Center Europe Located at Rome Fiumicino Airport, IAG Engine Center Europe specializes in the maintenance, repair, and overhaul (MRO) of CFM56-5B and CFM56-7B engines. The facility features extensive piece-part repair capabilities and includes a state-of-the-art test cell. Situated at one of Europe's busiest airports, which serves 91 airlines and approximately 50 million passengers annually, IAG Engine Center Europe benefits from Fiumicino's unparalleled connectivity across Europe. Cautionary Note Regarding Forward-Looking Statements This communication contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the timing for the piece-part repair capabilities to become operational, and the expected number of new jobs to be created as QuickTurn Europe ramps up. You can identify these forward-looking statements by the use of forward-looking words such as 'outlook,' 'believes,' 'expects,' 'potential,' 'continues,' 'may,' 'will,' 'should,' 'could,' 'seeks,' 'approximately,' 'predicts,' 'intends,' 'plans,' 'estimates,' 'anticipates,' 'target,' 'projects,' 'contemplates' or the negative version of those words or other comparable words. Any forward-looking statements contained in this communication are based upon FTAI's historical performance and on its current plans, estimates and expectations in light of information currently available to it. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in these statements, including, but not limited to, the risk factors set forth in Item 1A. 'Risk Factors' of FTAI's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and FTAI's Quarterly Reports on Form 10-Q, as updated by annual, quarterly and other reports FTAI files with the SEC. Contacts Investors Alan AndreiniInvestor Relations, FTAI Aviation Ltd.(646) 734-9414aandreini@ Media Tim Lynch / Aaron Palash / Kelly SullivanJoele Frank, Wilkinson Brimmer Katcher(212) 355-4449
Yahoo
29-05-2025
- Business
- Yahoo
Should You Think About Buying FTAI Aviation Ltd. (NASDAQ:FTAI) Now?
Let's talk about the popular FTAI Aviation Ltd. (NASDAQ:FTAI). The company's shares saw a significant share price rise of 36% in the past couple of months on the NASDAQGS. While good news for shareholders, the company has traded much higher in the past year. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company's outlook is already priced into the stock. However, what if the stock is still a bargain? Today we will analyse the most recent data on FTAI Aviation's outlook and valuation to see if the opportunity still exists. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. According to our valuation model, FTAI Aviation seems to be fairly priced at around 9.73% above our intrinsic value, which means if you buy FTAI Aviation today, you'd be paying a relatively reasonable price for it. And if you believe that the stock is really worth $107.75, then there isn't really any room for the share price grow beyond what it's currently trading. Although, there may be an opportunity to buy in the future. This is because FTAI Aviation's beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. If the market is bearish, the company's shares will likely fall by more than the rest of the market, providing a prime buying opportunity. Check out our latest analysis for FTAI Aviation Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. FTAI Aviation's earnings over the next few years are expected to double, indicating a very optimistic future ahead. This should lead to stronger cash flows, feeding into a higher share value. Are you a shareholder? It seems like the market has already priced in FTAI's positive outlook, with shares trading around its fair value. However, there are also other important factors which we haven't considered today, such as the track record of its management team. Have these factors changed since the last time you looked at the stock? Will you have enough conviction to buy should the price fluctuates below the true value? Are you a potential investor? If you've been keeping an eye on FTAI, now may not be the most advantageous time to buy, given it is trading around its fair value. However, the positive outlook is encouraging for the company, which means it's worth diving deeper into other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. If you want to dive deeper into FTAI Aviation, you'd also look into what risks it is currently facing. For instance, we've identified 4 warning signs for FTAI Aviation (1 is a bit concerning) you should be familiar with. If you are no longer interested in FTAI Aviation, you can use our free platform to see our list of over 50 other stocks with a high growth potential. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
22-05-2025
- Business
- Yahoo
FTAI Aviation, Hillman, Bloom Energy, Hertz, and 3D Systems Shares Are Falling, What You Need To Know
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 - 1.4%) as Treasury yields rose, reflecting market anxiety over a draft federal budget that could worsen the already wide US fiscal deficit. A poor auction for 20-year U.S. Treasury bonds further raised concerns, as weak demand implies investors are becoming more cautious about holding long-dated U.S. debt. As a reminder, the driver of a stock's value is the sum of its future cash flows discounted back to today. With lower interest rates (yields), investors can apply higher valuations to their stocks; when yields rise, that math works in reverse. Adding to the cautious mood were earnings results from retail giants Target and Lowe's, both of which reported weak earnings that missed expectations, pointing to a potential slowdown in consumer spending and further weighing on sentiment. Lastly, some influential voices such as Jamie Dimon (JPMorgan) and Steve Cohen (Point72) have made cautious comments about the market, which can sometimes become self-fulfilling prophecies as investors increase their cautiousness and skittishness. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Vehicle Parts Distributors company FTAI Aviation (NASDAQ:FTAI) fell 5.5%. Is now the time to buy FTAI Aviation? Access our full analysis report here, it's free. Professional Tools and Equipment company Hillman (NASDAQ:HLMN) fell 5%. Is now the time to buy Hillman? Access our full analysis report here, it's free. Renewable Energy company Bloom Energy (NYSE:BE) fell 5.4%. Is now the time to buy Bloom Energy? Access our full analysis report here, it's free. Ground Transportation company Hertz (NASDAQ:HTZ) fell 5.6%. Is now the time to buy Hertz? Access our full analysis report here, it's free. Custom Parts Manufacturing company 3D Systems (NYSE:DDD) fell 5.5%. Is now the time to buy 3D Systems? Access our full analysis report here, it's free. Hertz's shares are extremely volatile and have had 81 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was about 1 month ago when the stock gained 57.9% as reports revealed that Bill Ackman's Pershing Square had an even bigger stake in the company a day after the hedge fund acquired $46.5m of the company's stock. Notably, CNBC reported that Pershing Square's total position was about 19.8%, including shares and swaps, making it the company's second-largest shareholder. Hertz is up 67.6% since the beginning of the year, but at $6.25 per share, it is still trading 27.7% below its 52-week high of $8.65 from April 2025. Investors who bought $1,000 worth of Hertz's shares at the IPO in June 2021 would now be looking at an investment worth $231.57. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.
Yahoo
13-05-2025
- Business
- Yahoo
FTAI Aviation Ltd. (FTAI): A Bull Case Theory
We came across a bullish thesis on FTAI Aviation Ltd. (FTAI) on Substack by Autumn Capital. In this article, we will summarize the bulls' thesis on FTAI. FTAI Aviation Ltd. (FTAI)'s share was trading at $110.01 as of May 8th. FTAI's trailing and forward P/E were 458.38 and 21.14 respectively according to Yahoo Finance. Engineers examining stress tests of an aircraft engine, working to make sure its ready for flight. FTAI Aviation (FTAI) began as an aircraft and engine leasing business, but it is now undergoing a strategic transformation into a high-margin, capital-efficient maintenance, repair, and overhaul (MRO) company. Its MRO operations primarily focus on CFM56 and V2500 engines, which power a significant portion of Boeing and Airbus narrow-body aircraft and are expected to remain in wide use for decades. Despite only holding approximately 5% share of the fragmented MRO market for these engine types, FTAI is growing rapidly and has a long runway for further expansion. What sets FTAI apart is its unique approach to engine servicing — rather than performing full overhauls, the company repairs or swaps out individual engine modules using a proprietary inventory. This significantly reduces customer downtime and repair costs, enabling FTAI to achieve superior margins compared to traditional MRO providers. The company's legacy leasing business plays a synergistic role in fueling the growth of its MRO segment by supplying used modules and generating consistent demand for swaps, effectively accelerating the MRO flywheel. Earlier this year, the company faced pressure following the release of short-seller reports, which triggered a stock price decline. However, at the same time, FTAI announced a transformative multi-billion-dollar capital transaction, shifting a significant portion of its leasing assets into a new partnership structure. This move not only reduced capital intensity but also unlocked further growth opportunities for the leasing side while freeing FTAI to focus more aggressively on its higher-return MRO operations. The combination of the stock pullback and this capital realignment created a compelling entry point for investors. FTAI now trades at roughly 10x next-twelve-month EV/EBITDA, an attractive multiple given its strong growth outlook. Even without any multiple expansion, organic growth toward a 10–12% MRO market share, bolstered by its capital-light leasing structure, points to a high-teens IRR potential. If the stock re-rates to a 20x multiple—inline with top-tier MRO peers—and as the company rolls out higher-margin PMA parts and scales its operations, the return profile becomes even more compelling. With the possibility of exceeding 10% market share and capturing significant per-unit EBITDA growth, FTAI offers a rare opportunity to earn 20%+ IRRs over the long term, making it one of the most attractively positioned aerospace aftermarket plays in the public markets today. FTAI Aviation Ltd. (FTAI) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 54 hedge fund portfolios held FTAI at the end of the fourth quarter which was 41 in the previous quarter. While we acknowledge the risk and potential of FTAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than FTAI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
