Latest news with #CFM56
Yahoo
24-06-2025
- Business
- Yahoo
3 Reasons FTAI Has Explosive Upside Potential
FTAI Aviation currently trades at $130.25 per share and has shown little upside over the past six months, posting a middling return of 0.7%. Does this present a buying opportunity for FTAI? Or is its underperformance reflective of its story and business quality? Find out in our full research report, it's free. With a focus on the CFM56 engine that powers Boeing and Airbus's planes, FTAI Aviation (NASDAQ:FTAI) sells, leases, maintains, and repairs aircraft engines. Examining a company's long-term performance can provide clues about its quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Thankfully, FTAI Aviation's 27.1% annualized revenue growth over the last five years was incredible. Its growth surpassed the average industrials company and shows its offerings resonate with customers. Although long-term earnings trends give us the big picture, we like to analyze EPS over a shorter period to see if we are missing a change in the business. FTAI Aviation's EPS grew at an astounding 73.8% compounded annual growth rate over the last two years, higher than its 44.9% annualized revenue growth. This tells us the company became more profitable on a per-share basis as it expanded. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. As you can see below, FTAI Aviation's margin expanded over the last five years. FTAI Aviation's free cash flow margin for the trailing 12 months was negative 79.1%, and continued increases could help it achieve long-term cash profitability. These are just a few reasons why we think FTAI Aviation is a great business, but at $130.25 per share (or 22.6× forward P/E), is now the time to initiate a position? See for yourself in our in-depth research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-06-2025
- Automotive
- Yahoo
FTAI Aviation Ltd. Announces Closing of QuickTurn Europe Joint Venture
Joint Venture Will Increase FTAI's Global Maintenance Capacity by Approximately 40% NEW YORK and ROME, June 05, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (Nasdaq: FTAI) ('FTAI' or the 'Company') today announced that it has closed its previously announced acquisition of a 50% ownership stake in IAG Engine Center Europe S.r.l. ('IAG Engine Center'), an Italian company operating a 200,000 square-foot CFM56 engine maintenance repair and overhaul facility located at the Rome Fiumicino Airport, which has been rebranded Quick Turn Engine Center Europe S.r.l., or 'QuickTurn Europe.' Highlights of the joint venture include: Adds third owned and managed CFM56 engine shop to FTAI Aviation network, complementing existing facilities in Montréal and Miami Increases FTAI's module maintenance capacity by 450 modules (150 engines) per year, representing a 33% increase to FTAI's current capacity of 1,350 modules (450 engines) State-of-the-art CFM56 engine test-cell Expects to quickly ramp up production, with piece-part repair capabilities anticipated to be operational in second half of 2025 'Our joint venture with IAG Engine Center marks a milestone in our expansion into Europe and our overall maintenance capabilities,' said Joe Adams, CEO of FTAI Aviation. 'QuickTurn Europe's robust repair capabilities will provide expanded maintenance, repair, and exchange (MRE) services to FTAI's global customer base in a critical geographic location, ensuring increased efficiency and reliability for our customers. With this additional capacity at the internationally leading Rome Fiumicino Airport, one of Europe's most important, innovative, and fastest growing airports, we are excited about the growth opportunities ahead as we help support airlines in their long-term maintenance needs.' 'The partnership with FTAI will optimize operations at the facility, enabling faster, more efficient services to airlines across Europe. We are excited to continue to innovate and bring additional value to airlines and asset owners around the world,' said Mauricio Luna, CEO of IAG Engine Center. 'FTAI's investment further strengthens the Rome Fiumicino Airport's position as a key player in the global aviation ecosystem,' said Ivan Bassato, Chief Aviation Officer of Aeroporti di Roma (ADR). 'Rome Fiumicino Airport's central location and connectivity make it an ideal hub for providing just-in-time engine maintenance services. With this significant industrial investment, we expect hundreds of new skilled jobs will be created as QuickTurn Europe grows, with a very positive and direct impact for the economy of the cities of Fiumicino and Rome, the region Lazio and all of Italy.' The integration of QuickTurn Europe with FTAI's current maintenance capabilities in Montréal and Miami will help address the strong demand from the Company's global customer base. In total, the joint venture operating at full capacity brings FTAI's maintenance capacity to 1,800 CFM56 modules and over 600 engine tests annually. About FTAI Aviation Ltd. FTAI owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. FTAI's propriety portfolio of products, including the Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer base. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation. About IAG Engine Center Europe Located at Rome Fiumicino Airport, IAG Engine Center Europe specializes in the maintenance, repair, and overhaul (MRO) of CFM56-5B and CFM56-7B engines. The facility features extensive piece-part repair capabilities and includes a state-of-the-art test cell. Situated at one of Europe's busiest airports, which serves 91 airlines and approximately 50 million passengers annually, IAG Engine Center Europe benefits from Fiumicino's unparalleled connectivity across Europe. Cautionary Note Regarding Forward-Looking Statements This communication contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the timing for the piece-part repair capabilities to become operational, and the expected number of new jobs to be created as QuickTurn Europe ramps up. You can identify these forward-looking statements by the use of forward-looking words such as 'outlook,' 'believes,' 'expects,' 'potential,' 'continues,' 'may,' 'will,' 'should,' 'could,' 'seeks,' 'approximately,' 'predicts,' 'intends,' 'plans,' 'estimates,' 'anticipates,' 'target,' 'projects,' 'contemplates' or the negative version of those words or other comparable words. Any forward-looking statements contained in this communication are based upon FTAI's historical performance and on its current plans, estimates and expectations in light of information currently available to it. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in these statements, including, but not limited to, the risk factors set forth in Item 1A. 'Risk Factors' of FTAI's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and FTAI's Quarterly Reports on Form 10-Q, as updated by annual, quarterly and other reports FTAI files with the SEC. Contacts Investors Alan AndreiniInvestor Relations, FTAI Aviation Ltd.(646) 734-9414aandreini@ Media Tim Lynch / Aaron Palash / Kelly SullivanJoele Frank, Wilkinson Brimmer Katcher(212) 355-4449Sign in to access your portfolio
Yahoo
05-06-2025
- Automotive
- Yahoo
FTAI Aviation Ltd. Announces Closing of QuickTurn Europe Joint Venture
Joint Venture Will Increase FTAI's Global Maintenance Capacity by Approximately 40% NEW YORK and ROME, June 05, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (Nasdaq: FTAI) ('FTAI' or the 'Company') today announced that it has closed its previously announced acquisition of a 50% ownership stake in IAG Engine Center Europe S.r.l. ('IAG Engine Center'), an Italian company operating a 200,000 square-foot CFM56 engine maintenance repair and overhaul facility located at the Rome Fiumicino Airport, which has been rebranded Quick Turn Engine Center Europe S.r.l., or 'QuickTurn Europe.' Highlights of the joint venture include: Adds third owned and managed CFM56 engine shop to FTAI Aviation network, complementing existing facilities in Montréal and Miami Increases FTAI's module maintenance capacity by 450 modules (150 engines) per year, representing a 33% increase to FTAI's current capacity of 1,350 modules (450 engines) State-of-the-art CFM56 engine test-cell Expects to quickly ramp up production, with piece-part repair capabilities anticipated to be operational in second half of 2025 'Our joint venture with IAG Engine Center marks a milestone in our expansion into Europe and our overall maintenance capabilities,' said Joe Adams, CEO of FTAI Aviation. 'QuickTurn Europe's robust repair capabilities will provide expanded maintenance, repair, and exchange (MRE) services to FTAI's global customer base in a critical geographic location, ensuring increased efficiency and reliability for our customers. With this additional capacity at the internationally leading Rome Fiumicino Airport, one of Europe's most important, innovative, and fastest growing airports, we are excited about the growth opportunities ahead as we help support airlines in their long-term maintenance needs.' 'The partnership with FTAI will optimize operations at the facility, enabling faster, more efficient services to airlines across Europe. We are excited to continue to innovate and bring additional value to airlines and asset owners around the world,' said Mauricio Luna, CEO of IAG Engine Center. 'FTAI's investment further strengthens the Rome Fiumicino Airport's position as a key player in the global aviation ecosystem,' said Ivan Bassato, Chief Aviation Officer of Aeroporti di Roma (ADR). 'Rome Fiumicino Airport's central location and connectivity make it an ideal hub for providing just-in-time engine maintenance services. With this significant industrial investment, we expect hundreds of new skilled jobs will be created as QuickTurn Europe grows, with a very positive and direct impact for the economy of the cities of Fiumicino and Rome, the region Lazio and all of Italy.' The integration of QuickTurn Europe with FTAI's current maintenance capabilities in Montréal and Miami will help address the strong demand from the Company's global customer base. In total, the joint venture operating at full capacity brings FTAI's maintenance capacity to 1,800 CFM56 modules and over 600 engine tests annually. About FTAI Aviation Ltd. FTAI owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. FTAI's propriety portfolio of products, including the Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer base. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation. About IAG Engine Center Europe Located at Rome Fiumicino Airport, IAG Engine Center Europe specializes in the maintenance, repair, and overhaul (MRO) of CFM56-5B and CFM56-7B engines. The facility features extensive piece-part repair capabilities and includes a state-of-the-art test cell. Situated at one of Europe's busiest airports, which serves 91 airlines and approximately 50 million passengers annually, IAG Engine Center Europe benefits from Fiumicino's unparalleled connectivity across Europe. Cautionary Note Regarding Forward-Looking Statements This communication contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the timing for the piece-part repair capabilities to become operational, and the expected number of new jobs to be created as QuickTurn Europe ramps up. You can identify these forward-looking statements by the use of forward-looking words such as 'outlook,' 'believes,' 'expects,' 'potential,' 'continues,' 'may,' 'will,' 'should,' 'could,' 'seeks,' 'approximately,' 'predicts,' 'intends,' 'plans,' 'estimates,' 'anticipates,' 'target,' 'projects,' 'contemplates' or the negative version of those words or other comparable words. Any forward-looking statements contained in this communication are based upon FTAI's historical performance and on its current plans, estimates and expectations in light of information currently available to it. The inclusion of this forward-looking information should not be regarded as a representation by us that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in these statements, including, but not limited to, the risk factors set forth in Item 1A. 'Risk Factors' of FTAI's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and FTAI's Quarterly Reports on Form 10-Q, as updated by annual, quarterly and other reports FTAI files with the SEC. Contacts Investors Alan AndreiniInvestor Relations, FTAI Aviation Ltd.(646) 734-9414aandreini@ Media Tim Lynch / Aaron Palash / Kelly SullivanJoele Frank, Wilkinson Brimmer Katcher(212) 355-4449
New Straits Times
19-05-2025
- Automotive
- New Straits Times
GE Aerospace eyes further expansion in Malaysia, Asia Pacific
BEIJING: GE Aerospace plans to further expand its operations in Malaysia and across the Asia Pacific region as it strengthens its maintenance, repair, and overhaul (MRO) capabilities to meet rising global aviation demand. GE Aerospace vice president of sales for Asia Pacific, Nakul Gupta, said Malaysia remains a strategic hub for the company, with its Subang facility playing a central role in both regional and global operations. "Established in 1997 as a Centre of Excellence for CFM56 engines, our Malaysia site has evolved into a critical MRO hub supporting over 50 airlines worldwide. "It now serves as the Asia Centre of Excellence for LEAP MRO services and employs over 700 skilled professionals," he told Bernama recently, adding that the provider of jet and turboprop engines is looking to grow its capacity further. The expansion is supported by the company's proprietary FLIGHT DECK operating model and is expected to generate more high-skilled jobs in Malaysia. In 2018, GE Aerospace made a significant US$80 million investment to upgrade the Subang facility, which enabled the introduction of MRO services for the CFM LEAP engine. It is the first such capability for GE Aerospace outside the United States. "As demand continues to rise, we are committed to investing in infrastructure and talent development," he said. He also noted that the company invested US$45 million in the Asia Pacific region last year, reflecting its commitment to strengthening its repair technologies and reducing turnaround times. "This regional investment forms part of GE Aerospace's US$250 million global MRO and component repair investment in 2024, contributing to a broader five-year US$1 billion commitment," he pointed out. He further said that these funds were being used to expand facilities, enhance safety measures and acquire new test cells, tooling as well as equipment across facilities in Singapore, Malaysia, Taiwan and South Korea. Within Southeast Asia, GE Aerospace's footprint includes its Singapore facility which accounts for over 60 per cent of the company's global repair volumes and is a pioneer in using additive manufacturing technology to repair jet engine components. "Additive technology allows us to complete repairs up to 60 per cent faster and with a significantly smaller footprint, enabling quicker aircraft turnaround for our customers," Nakul said. To support increasing demand, he said the company continues to upskill its workforce in emerging aviation technologies such as automation, robotics, and additive manufacturing. On the sustainability front, he said that all GE Aerospace and CFM engines are certified to operate on approved sustainable aviation fuel (SAF) blends, with 10 engine models tested with 100 per cent SAF to date. "GE Aerospace also works closely with fuel producers, regulators and policymakers to accelerate SAF adoption and affordability," he added. GE Aerospace is a global provider of jet and turboprop engines as well as integrated systems for commercial, military, business and general aviation aircraft.
Yahoo
14-05-2025
- Business
- Yahoo
1 Momentum Stock Worth Your Attention and 2 to Turn Down
Great things are happening to the stocks in this article. They're all outperforming the market over the last month because of positive catalysts such as a new product line, constructive news flow, or even a loyal Reddit fanbase. While momentum can be a leading indicator, it has burned many investors as it doesn't always correlate with long-term success. All that said, here is one stock with the fundamentals to back up its performance and two not so much. One-Month Return: +34.9% Named after the founder's ancestral village in present-day Lithuania, Vishay Intertechnology (NYSE:VSH) manufactures simple chips and electronic components that are building blocks of virtually all types of electronic devices. Why Do We Pass on VSH? Products and services are facing significant end-market challenges during this cycle as sales have declined by 9.1% annually over the last two years Incremental sales over the last five years were much less profitable as its earnings per share fell by 25.4% annually while its revenue grew Free cash flow margin shrank by 15.4 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Vishay Intertechnology is trading at $15.34 per share, or 7.2x forward EV-to-EBITDA. Read our free research report to see why you should think twice about including VSH in your portfolio, it's free. One-Month Return: +31.8% One of the 'Big Four' airlines in the US, Delta Air Lines (NYSE:DAL) is a major global air carrier that serves both business and leisure travelers through its domestic and international flights. Why Should You Dump DAL? Number of revenue passenger miles has disappointed over the past two years, indicating weak demand for its offerings Projected sales decline of 1.4% for the next 12 months points to a tough demand environment ahead Push for growth has led to negative returns on capital, signaling value destruction At $53.10 per share, Delta trades at 8.6x forward P/E. Check out our free in-depth research report to learn more about why DAL doesn't pass our bar. One-Month Return: +18.6% With a focus on the CFM56 engine that powers Boeing and Airbus's planes, FTAI Aviation (NASDAQ:FTAI) sells, leases, maintains, and repairs aircraft engines. Why Should You Buy FTAI? Market share has increased this cycle as its 44.9% annual revenue growth over the last two years was exceptional Performance over the past two years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 73.8% outpaced its revenue gains Cash burn has become less severe over the last five years, showing the company is making some progress toward financial sustainability FTAI Aviation's stock price of $117.50 implies a valuation ratio of 20.4x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free.
