Fortress Transportation And Infrastructure Investors Stock Earnings Reports

FTAI Aviation delivered a strong start to 2026 with broad-based execution across its three platforms — Aerospace Products, Strategic Capital (aviation leasing) and FTAI Power. Key operating and financial highlights: Aerospace Products revenue and profitability accelerated (revenue +104% YoY and +32% QoQ; adjusted EBITDA $222.6M, 30% margin), driven by rising market share and higher-volume, programmatic deals with large airlines. Production ramp continues (270 CFM56 modules in Q1; 2026 target 1,050 modules). Strategic Capital: the 2025 SPV is largely deployed (165 aircraft closed as of Q1), warehouse debt was upsized to $3.5B, and the 2025 SPV will transition to harvest mode with distributions beginning; a 2026 SPV first close is planned end of Q2 with deployment in Q3. FTAI Power remains on track for commercial MOD 1 launch in Q4 2026, prototype testing ahead of schedule, and a joint venture with Jereh Group for packaging/global manufacturing; management expects to be largely sold out of 2027 production and sees multiyear demand into 2028. Financials: consolidated adjusted EBITDA was $325.6M in Q1 (+17% QoQ), aviation leasing EBITDA ~$153M (including insurance recoveries and management fees), adjusted free cash flow $158M (or ~$333M excluding certain growth prepayments). Leverage improved to ~2.3x on an annualized basis (below their 2.5–3x target range), revolver upsized to $2.025B, and the company reaffirmed 2026 segment EBITDA guidance of $1.625B ($1.05B Aerospace Products; $575M Aviation Leasing) and ~$915M of adjusted free cash flow. Board actions: quarterly dividend increased from $0.40 to $0.45 per share. Management emphasized that geopolitical volatility can create near-term opportunities (sale-leasebacks, liquidity solutions) and reiterated focus on scaling market share in aerospace products and capital-light, fee-driven growth in Strategic Capital.