Brind.
  1. David Moreno, Norges Bank, and Geode Capital Management all made moves regarding FTAI Aviation, which is listed on NASDAQ.

FTAI Aviation Increases Sale/Leaseback Activity for Airlines

1 report, 1 independent Updated Nov 4
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

FTAI Aviation is conducting more sale/leaseback transactions as airlines look for cash infusions to support guaranteed asset availability arrangements. David Moreno stated on a recent earnings call that this activity is rising. The company is building a stable of midlife aircraft to lease out and subsequently part out.

From aviationweek.com

Why it matters

Some supportBrind's analysis of the reports

FTAI Aviation is utilizing its engine-swap program and financing options to help airlines secure liquidity. Sale/leasebacks accounted for 40% of commitments in the first two investor-backed special purpose vehicles, and this percentage is expected to continue rising.

David Moreno, Norges Bank, and Geode Capital Management have recently made moves regarding FTAI Aviation, which is listed on NASDAQ.

From aviationweek.com

Who's involved

  • David MorenoPresident of FTAI Aviation, discussing increased liquidity generation through financing offerings

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The entities involved

Coverage

Newest first; wire copies grouped