FTAI Aviation Limited

FTAI

Equity

ISIN KYG3730V1059 / Valor 123167891

NASDAQ (2024-12-24)

USD 129.38+1.05%

FTAI Aviation Limited
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About company

FTAI Aviation Limited is a global supplier of high-quality CFM56 engines, modules, and material, offering tailored solutions for engine maintenance to control costs and keep assets in the air. In addition to engine leasing and repair capabilities, the company provides a range of aviation products such as aircraft leasing and used serviceable material. FTAI is committed to providing customers with efficient engine leasing, sustainable maintenance, aftermarket parts, and carbon offsets to contribute to a cleaner future in the aviation industry.

Summarized from source with an LLMView SourceSector: Industrials

Net Income

FTAI Aviation Limited reported a net income attributable to shareholders of $78,147,000 for the third quarter of 2024. This reflects a significant increase compared to the same period in the previous year, showcasing the company's improved financial performance.

Earnings Per Share

For the third quarter of 2024, FTAI Aviation Limited achieved basic and diluted earnings per ordinary share of $0.76. This marks a notable rise from the $0.33 per share reported in the third quarter of 2023, indicating enhanced profitability for shareholders.

Adjusted EBITDA

FTAI Aviation Limited reported an Adjusted EBITDA of $232,030,000 for the third quarter of 2024. This non-GAAP measure is used by the company to assess operational performance and indicates a robust financial position in the aerospace products sector.

Revenue Growth

In the third quarter of 2024, FTAI Aviation Limited's total revenues reached $465,794,000, a substantial increase from $291,096,000 in the same quarter of the previous year. This growth was driven by significant contributions from aerospace products and lease income.

Dividend Declaration

FTAI Aviation Limited declared a cash dividend of $0.30 per ordinary share for the third quarter of 2024. The dividend is payable on November 25, 2024, to shareholders of record as of November 14, 2024, reflecting the company's commitment to returning value to its investors.

Summarized from source with an LLMView Source

Key figures

175%1Y

%3Y

%5Y

Performance

41.0%1Y

38.2%3Y

38.2%5Y

Volatility