FTAI Aviation Q1 adjusted EBITDA beats on aerospace products demand

FTAI Aviation

29/04/2026 21:37

Overview

US aircraft engine lessor's Q1 adjusted EBITDA beat analyst expectations

Aerospace products revenue more than doubled yr/yr, driven by strong demand and customer growth

Company raised quarterly dividend for third straight quarter, citing strong free cash flow

Outlook

Company says end-market demand remains robust and customer base is expanding

FTAI says it is well positioned to pursue growth opportunities in 2026 and beyond

Result Drivers

AEROSPACE PRODUCTS DEMAND - Co said strong demand and an expanding, increasingly diverse customer base drove growth in aerospace products revenue

CREDIT FACILITY EXPANSION - Co increased total commitments on its revolving credit facility from $400 mln to $2.025 bln and extended maturity to April 2031

STRATEGIC JOINT VENTURE - Co announced a packaging and distribution joint venture with Jereh Group to support planned 2027 production targets

Company press release: ID:nGNX75zl3r

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$1.29
Q1 Net Income Attributable
$134.19 mln
Q1 Adjusted EBITDA
Beat
$325.58 mln
$320.70 mln (7 Analysts)
Q1 Operating Expenses
$64.99 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "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 $340.00, about 57.4% above its April 28 closing price of $216.00

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 29 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)