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On the Record · FTAI Aviation

FTAI Aviation acquisitions, on the record

The businesses FTAI Aviation bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Fortress Transportation and Infrastructure Investors LLC
Word for word“FTAI Aviation Ltd., a Cayman Islands exempted company, was formed on December 8, 2017 and is the surviving parent company upon completion of the transactions completed in that certain Agreement and Plan of Merger (the “Merger”) on November 10, 2022 between Fortress Transportation and Infrastructure Investors LLC and FTAI Aviation Ltd. and certain other parties thereto.” 10-K for 2023
mergeron November 10, 2022—
2025 Partnership
Word for word“In addition, the 2025 Partnership has agreed to acquire 46 on-lease narrowbody aircraft from us for an estimated net purchase price of $549 million and has signed an agreement through which our MRE business will exclusively provide replacement aircraft engines and modules for the life of the partnership.” 10-K for 2024
agreed divestiture—estimated net purchase price of $549 million
Former Manager (FIG LLC) and Master GP internalization
Word for word“On May 28, 2024, the Company entered into definitive agreements with the Former Manager and Master GP to internalize the Company’s management function.” 10-K for 2024
agreed divestitureOn May 28, 2024—
Fortress Transportation and Infrastructure Investors LLC and FTAI Aviation Ltd.
Word for word“FTAI is the surviving parent company upon completion of the transactions completed in that certain Agreement and Plan of Merger (the “Merger”) on November 10, 2022 between Fortress Transportation and Infrastructure Investors LLC and FTAI Aviation Ltd. and certain other parties thereto.” 10-K for 2024
mergerOn November 10, 2022—
Two vessels within the Offshore Energy business
Word for word“Gain on sale of assets, net increased $18.7 million driven by the sale of two vessels within the Offshore Energy business during the fourth quarter of 2024.” 10-K for 2024
divestitureduring the fourth quarter of 2024—
Lockheed Martin Commercial Engine Solutions (LMCES)
Word for word“Operating expenses increased by $5.7 million, primarily due to the acquisition of LMCES in Q3 2024.” 10-K for 2024
acquisitionQ3 2024—
QuickTurn
Word for word“Aerospace products revenue increased by $624.9 million, primarily due to a $546.0 million increase in CFM56-7B, CFM56-5B and V2500 engine and module sales, a $28.5 million increase in parts inventory sales, and other revenues of $47.7 million from the QuickTurn and LMCES acquisitions.” 10-K for 2024
acquisition——
Quick Turn Engine Center LLC (QuickTurn)
Word for word“In 2023, we acquired the remaining interest in Quick Turn Engine Center LLC (“QuickTurn”), a dedicated hospital maintenance and testing facility specializing in the CFM56-7B and CFM56-5B engines.” 10-K for 2025
acquisitionIn 2023—
45 on-lease narrowbody aircraft sold to the 2025 Partnership
Word for word“In addition, the 2025 Partnership agreed to acquire 45 on-lease narrowbody aircraft from us for an estimated net purchase price of $549 million and signed an agreement through which our Maintenance, Repair and Exchange (“MRE”) business exclusively provides replacement aircraft engines and modules for the life of the partnership.” 10-K for 2025
agreed divestiture—$549 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2019-12-31$0—
2020-12-31$0—
2021-12-31$627.1 million—
2022-12-31$3.8 million—
2023-12-31$29.6 million—
2024-12-31$147.6 million$56.5 million
2025-12-31$49.1 million$32.7 million

Deal filings since 2016

Read from FTAI Aviation’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.