FTAI Aviation Ltd. (NASDAQ:FTAI) had a busy stretch this month that included a major financing close, a new share repurchase program and recent analyst activity.
The Warehouse Financing Facility
On August 17, FTAI closed a $2.0 billion warehouse financing facility for Strategic Capital’s second investment vehicle, its 2026 SPV, syndicated across 13 financial institutions and including a $1.0 billion accordion feature that could raise total capacity to $3.0 billion. The facility is earmarked to fund on-lease, mid-life Boeing 737NG and Airbus A320ceo aircraft, with deliveries scheduled to begin that same month. FTAI’s Strategic Capital platform has now raised $5.5 billion of warehouse financing in under two years.
The Share Repurchase Program
On September 15, FTAI announced that its board authorized a new share repurchase program allowing the company to buy back up to $500 million of its outstanding ordinary shares. The program will run through the earlier of its completion or September 30, 2029, with repurchases expected to be funded using cash on the company’s balance sheet.
Analyst Consensus & Recent Actions
The stock carries a Buy rating with an average price forecast of $339.00. Recent analyst moves include:
- Barclays: Overweight (Lowers Target to $310.00) (Sept. 16)
- Morgan Stanley: Overweight (Raises Target to $360.00) (Aug. 21)
FTAI Shares Edge Higher
FTAI Price Action: At the time of publication, FTAI shares are trading 2.48% higher at $194.53, according to data from Benzinga Pro.
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