FTAI Aviation Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was USD 498.82 million compared to USD 312.74 million a year ago. Net income was USD 102.45 million compared to USD 118.36 million a year ago. Basic earnings per share from continuing operations was USD 0.85 compared to USD 1.1 a year ago. Diluted earnings per share from continuing operations was USD 0.84 compared to USD 1.09 a year ago.
For the full year, sales was USD 1,734.9 million compared to USD 1,170.9 million a year ago. Net income was USD 8.68 million compared to USD 243.82 million a year ago. Basic loss per share from continuing operations was USD 0.32 compared to basic earnings per share from continuing operations of USD 2.12 a year ago. Diluted loss per share from continuing operations was USD 0.32 compared to diluted earnings per share from continuing operations of USD 2.11 a year ago.
FTAI Aviation Ltd. owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. Its segments include Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to lessees and customers. The Aerospace Products segment, through its maintenance facilities, equity method investment and exclusivity arrangements, develops and manufactures, repairs/refurbishes and sells aircraft engines and aftermarket components for the CFM56-7B, CFM56-5B and V2500 commercial aircraft engines. Its 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 its airline, lessor, and maintenance, repair, and operations customer base. It also owns and leases jet aircraft, which often facilitates the acquisition of engines. It owns and manages over 330 aviation assets.
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ESG MSCI
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