FTAI Aviation (FTAI) investor relations material

Business growth and strategy

• Projected revenue to grow from $3.5 billion and $1 billion EBITDA in 2025 to $4.7 billion and $1.4 billion EBITDA in 2026, driven by a unique engine maintenance model.

• Integrated ownership of engines and maintenance facilities enables efficiency and cost savings, positioning the company as a zero-waste operator.

• Expansion into asset management allows leveraging external capital, increasing industry footprint without heavy capital requirements.

• Strategic capital initiatives have attracted $6 billion in external investment, with SCI II fundraising underway and a long-term target of $20 billion in assets.

• Market share now exceeds 10% of CFM56 and V2500 shop visits, with ambitions to further disrupt traditional profit pools.

Operational execution and differentiation

• Focus on vertical integration and specialization in select engine types, notably the CFM56, enabled rapid scaling to nearly 1,000 modules annually.

• Standardization and productivity incentives doubled output in key facilities, while innovative training using virtual reality improved mechanic qualification rates from 50% to over 90%.

• Decision to avoid third-party maintenance work maximized value from internal resources and accelerated growth.

• The business model’s durability is rooted in combining asset ownership with maintenance, a structure not easily replicated by traditional MROs.

• Margins have normalized at 30% as the customer base has grown, balancing market share gains with profitability.

Asset management and investor value

• Asset management business delivers bespoke engine solutions, optimizing capital investment and reducing residual risk for owners.

• SCI I fully invested in 300 aircraft, with strong returns supporting ongoing fundraising for SCI II.

• The model enables higher returns with lower risk, appealing to investors and lessors seeking tailored solutions.

• Long-term vision is to expand asset management beyond $20 billion, leveraging superior engine problem-solving capabilities.