FTAI Aviation swings to profit in Q2

Overview

• FTAI Aviation Q2 net income rises 80% to $161.7 mln, from Q1 2025

• Co swings to profit in Q2 vs loss in Q2 2024

• Adjusted EBITDA for Q2 beats analyst expectations, reaching $347.8 mln

• Co expanded repair capabilities with Pacific Aerodynamic acquisition

Outlook

• FTAI aims for 25% market share in aerospace products

• Company remains on track for $4 bln capital deployment in 2025

• FTAI targets 250 aircraft owned or under LOI by year-end

Result Drivers

• PRODUCTION RAMP-UP - Significant increase in production to 184 CFM56 Modules, up 33% from prior quarter

• ACQUISITION - Acquisition of Pacific Aerodynamic expands repair capabilities for CFM56 compressor blades and vanes

• MARKET SHARE GROWTH - Aerospace Products segment grew market share to 9% annually, up from 5% last year

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the aerospace & defense peer group is "buy"

• Wall Street's median 12-month price target for FTAI Aviation Ltd is $160.00, about 28.5% above its July 28 closing price of $114.38

• The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNX91Fk0R