FTAI News and Press, Fortress Transportation and Infrastructure Investors LLC From 01/24/23

Summary The management team at McGrath RentCorp proved last year that they have the ability to grow the business at a rate that's faster than previously anticipated. This is on top of already-impressive financial results that demonstrated value creation for shareholders. On top of t...

FTAI Aviation ( NASDAQ: FTAI ) and Unical Aviation have acquired substantially all of the assets of iAero Thrust, a hospital maintenance and testing facility dedicated to the CFM56 engine. Financial terms of the deal were not disclosed. The acquired assets and facilities are b...

NEW YORK and MIAMI, Jan. 04, 2023 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), Unical Aviation Inc. (“Unical”) and iAero Thrust LLC (“iAero Thrust”) today announced that FTAI and Unical have completed the acquisition of substantially all of the assets of...

NEW YORK, Nov. 23, 2022 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (“FTAI” or the “Company”), announced today that a wholly owned subsidiary of the Company entered into an amendment to the Second Amended & Restate...

NEW YORK, Nov. 11, 2022 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (“FTAI” or the “Company”), announced today the closing of a previously announced merger transaction by and among FTAI, Fortress Transportation and Inf...

Summary Fortress Transportation’s Preferred “C” stock (FTAIN) is currently at least $2.00 per share undervalued relative to Fortress Transportation's other 2 preferred stocks and offers an 11.6% current yield. FTAIN has a very generous reset-rate on its call d...

The shareholders of Fortress Transportation and Infrastructure Investors ( NASDAQ: FTAI ) have approved a merger with the unit FTAI Finance Holdco. Post the completion of the merger , the entity will be named FTAI Aviation. The ordinary shares and preferred shares...

NEW YORK, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Fortress Transportation and Infrastructure Investors LLC (NASDAQ: FTAI), a Delaware limited liability company (“FTAI” or the “Company”), announced today that its shareholders have voted to approve and adopt the previous...

Summary Fortress Transportation now trading where it was before its share price collapsed in response to COVID-19 restrictions. While macro trade headwinds appear to have abated some, there are still plenty of concerns over the economy and consumer response to high-interest rates ...

Summary In October 2022, the number of announced dividend reductions sent a clear signal the U.S. economy is experiencing recessionary conditions. Dividend cuts are a near-real time indicator of potential distress for the businesses that declare them, particularly when their numbe...