FTAI Aviation Reports Q3 2026 Results, Boosts Buyback to $1.0B and Announces $500M ASR

FTAI Aviation Ltd. Q3 2026 Financial Results & Capital Allocation Update

FTAI Aviation Ltd. filed a Form 8-K under Item 2.02 and Item 9.01 reporting financial performance for the quarter ended September 30, 2026, accompanied by significant announcements regarding capital returns.

Key Financial Results

• Total Revenue: $977.7 million, up from $667.1 million in Q3 2025.
• Aerospace Products Revenue: Reached $910.0 million ($780.6M product sales + $129.4M MRE contract revenue), delivering Adjusted EBITDA of $282.4 million (a 57% increase year-over-year) with a 31% EBITDA margin.
• Net Income Attributable to Shareholders: $149.1 million ($1.43 diluted EPS), up 26.8% from Q2 2026 and 30.8% from $114.0 million ($1.10 diluted EPS) in Q3 2025.
• Consolidated Adjusted EBITDA: Reached $348.3 million compared to $297.4 million in Q3 2025.

Capital Allocation & Shareholder Returns

• Share Repurchase Program & ASR: On October 27, 2026, the Board doubled the share repurchase authorization to $1.0 billion. FTAI plans to enter into an Accelerated Share Repurchase (ASR) with Royal Bank of Canada to buy back $500.0 million in ordinary shares during Q4 2026.
• Past Repurchases: Repurchased ~$80.0 million worth of shares at an average price of $178.73 since initial authorization in September 2026.
• Dividends: Declared a quarterly ordinary cash dividend of $0.50 per share payable November 23, 2026, and a $0.59375 per share dividend on Series D Preferred Shares payable December 15, 2026.