【US Stock Alert】FTAI Aviation surged on October 29: EBITDA exceeded expectations + $500 million buyback + engine maintenance

FTAI Aviation October 29 Surge Analysis

Keywords: EBITDA exceeds expectations, $500 million buyback, engine maintenance

1. On October 29, the company announced its third quarter 2026 results, with revenue of $977.7 million, a year-on-year increase of 46.6%. Adjusted EBITDA was $348.3 million, up 14.8% quarter-on-quarter, exceeding institutional expectations of $319 million. Aerospace Products revenue reached $910 million, a 76% year-on-year increase; adjusted EBITDA was $282.4 million, up 57% year-on-year; CFM56 module production was 311 units, an increase of 50% year-on-year.

2. On October 29, the company announced a $500 million accelerated stock buyback plan, doubling its authorized buyback amount to $1 billion, and stated that since the authorization in September, $80 million has already been repurchased. At the same time, a quarterly dividend of $0.50 per share was declared, and the company reiterated its adjusted EBITDA guidance for 2026 and 2027.

3. On October 29, the company disclosed that FTAI Power's Mod-1 had passed key tests, secured contracts for over 100 power units in North America, and plans to deliver them in 2027 and 2028. This business converts CFM56 engines into aero-derivative power turbines for data center power supply.

(Disclaimer: This content is generated by AI technology based on publicly available information for reference only and does not constitute investment advice.)