Fortress Transportation and Infrastructure Investors LLC Q3 2026 Earnings Recap

FTAI shares jumped 17.3% after earnings, as record Aerospace Products results, accelerating strategic-capital deployment and power milestones highlighted growth across its businesses. Aerospace Products delivered $282.4 million in adjusted EBITDA, up 57% year over year, while management said SCI II had begun investing and the Mod-1 completed critical testing.

Key Takeaways

• Aerospace Products generated $910 million in revenue, up 76% year over year, and $282.4 million in adjusted EBITDA, up 57%, at a 31% margin.
• Production reached a record 311 CFM56 modules in the quarter; FTAI said it remained on track for 1,200 modules in 2026 and 1,700 in 2027.
• SCI I was fully committed at 301 aircraft, with substantially all closings expected by December 31 for about $6 billion of capital deployed. SCI II had 109 aircraft committed and began investing in September.
• Power had more than 100 Mod-1 units under contract for 2027 and 2028; testing was complete, with 25 MW peak and 23 MW ISO continuous output reported.
• FTAI announced a $500 million accelerated share repurchase and increased its overall repurchase authorization from $500 million to $1 billion.