FTAI Aviation - Engine Manufacturer Benefits from Travel Boom, New Gas Turbines for Data Center Applications Create Momentum!
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Business Driver: FTAI Aviation (FTAI) is currently benefiting significantly from the booming maintenance and service business related to the increasing air and travel traffic. With the recently introduced FTAI Power Program, the company aims to launch into a new, margin-rich business area with gas turbine solutions for data and cloud centers, offering suitable solutions based on CFM 56 engines. In the recently concluded Q3, despite a significant profit increase from $0.76 to $1.10, the company missed consensus expectations of $1.21. However, revenue...
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