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Dec 31, 2022
FTAI Aviation Q4 2022 Earnings Report
FTAI Aviation reported positive Q4 results and declared a dividend.
Key Takeaways
FTAI Aviation Ltd. reported financial results for the fourth quarter of 2022, with a net income attributable to shareholders of $20.01 million and an adjusted EBITDA of $123.539 million. The company also declared a cash dividend of $0.30 per share for the quarter ended December 31, 2022.
Net income attributable to shareholders was $20.01 million.
Basic earnings per ordinary share for continuing operations was $0.20.
Adjusted EBITDA was $123.539 million.
A cash dividend of $0.30 per share was declared for the quarter ended December 31, 2022.
Forward Guidance
Airlines are struggling to find power as green time is severely depleted and the supply chain is unable to service engines on a timely basis. New aircraft delivery delays are driving airlines to extend the lives of their 737NG and A320ceo fleets, which further increases CFM56 flight hours. Airlines experiencing record high CASM (cost per available seat mile), maintenance cost-saving products and practices are in high demand.
Positive Outlook
- Green time severely depleted
- Supply chain unable to service engines on a timely basis
- Airlines are struggling to find power
- New aircraft delivery delays are driving airlines to extend the lives of their 737NG and A320ceo fleets
- CFM56 flight hours increasing
Historical Earnings Impact
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Avg. Return Before/After Earnings
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