FTAIP News and Press, Fortress Transportation and Infrastructure Investors LLC 8.25% Fixed-to-Floating Rate Series A Cumulative Perpetual Redeemable Preferred Shares From 10/21/23

2023-10-21 10:02:01 ET Summary FTAI Aviation is a spin-off from FTAI Infrastructure and is a relatively underfollowed mid-cap company. FTAIP preferred stock is currently undervalued compared to other preferred issues of FTAI. Management is likely to call FTAIP in September 202...

2023-09-20 15:53:03 ET Summary Willis Lease Finance Corporation is a lessor and servicer of commercial aircraft and aircraft engines, with a focus on engine leasing. The company's revenues have been growing, driven by lease rent and maintenance revenues. Willis Lease Finance s...

2023-09-13 09:30:00 ET Summary Tourlite Capital Management, LP is an asset management firm focused on long/short equity investing in public companies. Tourlite Fund, LP Founder Class returned -1.2% for Q2 2023 and -0.2% year to date. The fund's portfolio is concentrated in ind...

2023-07-27 12:54:14 ET FTAI Aviation Ltd. (FTAI) Q2 2023 Earnings Conference Call July 27, 2023 08:00 AM ET Company Participants Alan Andreini - Investor Relations Joe Adams - Chairman of the Board & Chief Executive Officer Conference Call Participants ...

2023-04-27 12:06:03 ET FTAI Aviation Ltd. (FTAI) Q1 2023 Earnings Call Transcript April 27, 2023 8:00 AM Company Participants Alan Andreini - Investor Relations Joseph Adams - Chairman of the Board and Chief Executive Officer Conference Call Participants ...

2023-04-06 18:57:58 ET Summary FTAI Aviation is an aerospace company that owns aircraft and aircraft engines which it subsequently leases. The Series A preferred shares (FTAIP) currently yield almost 9%, and are set to convert to a floating rate starting in September 2024. Sta...

FTAI Aviation Ltd. (FTAI) Q4 2022 Earnings Conference Call February 24, 2023, 08:00 AM ET Company Participants Alan Andreini - Investor Relations Joseph Adams - Chairman & Chief Executive Officer Angela Nam - Chief Financial Officer Conference Call Participan...

Summary Floating rate preferreds are currently favored by the market in 2023. FTAI Aviation Ltd.'s preferred FTAIP shares' floating rate is 6.886% above 3-Month LIBOR, and starts in Q4 ’24. Since FTAIP is selling 5% below its call price, the equivalent future yield is over 12...

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...

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...