FTAI Aviation (FTAI)
Industrials · Aircraft engine maintenance, repair and leasing
FTAI Aviation is an independent engine maintenance and aviation leasing platform that specializes in repairing and monetizing CFM56 and V2500 engines while managing a diversified portfolio of commercial aircraft and engines through its proprietary MRE model and Strategic Capital Initiative.
What FTAI Aviation does
FTAI Aviation is a leading independent engine maintenance platform that repairs, rebuilds, and sells aircraft engines and aftermarket components primarily for CFM56-5B, CFM56-7B, and V2500 engines powering 737NG and A320ceo aircraft. The company operates through two main segments: Aerospace Products, which develops and manufactures engines and parts through its proprietary Maintenance, Repair and Exchange (MRE) model, and Aviation Leasing, which owns and manages a portfolio of commercial aircraft and engines leased to operators globally. The company has internalized its management function and launched a Strategic Capital Initiative to manage third-party capital in aviation assets.
Themes: ["Aircraft engine maintenance and repair","Commercial aviation leasing","Aerospace aftermarket","Engine-to-power conversion","Asset-light management model"]
Fundamentals
- Price$228.02 as of 2026-07-09 close
- Market cap$23.4B as of 2026-07-10
- 1-year return+106.5% as of 2026-07-09 close
- P/E43.59 as of 2026-07-10
- Net margin+18.9% as of 2026-07-10
- Gross margin+42.7% as of 2026-07-10
- ROE+181.4% as of 2026-07-10
- Debt / equity7.99 as of 2026-07-10
- Revenue growth (YoY)+48.5% as of 2026-07-10
- Revenue CAGR (3y)+52.4% SEC XBRL
- Beta1.52 as of 2026-07-10
Dividend: yield +0.8%; 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Concentration risk in CFM56 and V2500 engines, which power 737NG and A320ceo aircraft; disruption to these aircraft platforms or operators could materially impact revenue","Cyclical aviation industry exposure through leasing segment; economic downturns and airline industry stress could reduce demand and increase defaults on lease agreements","Significant leverage and debt obligations; the company maintains $4.4 billion in assets against $334.2 million in equity, creating financial risk during adverse market conditions"]
Competitors & peers
- StandardAero
- Safran (CFM International co-owner)
- Air Lease Corporation (AL)
- Pembroke Aviation Capital
- GE Aviation
- MTU Aero Engines
- Spirit AeroSystems
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.