FTAI Aviation, headquartered in New York City, supplies CFM56 engines and manages 330 aviation assets, employing 170 staff since its IPO on May 14, 2015. It operates in Aviation Leasing and Aerospace Products segments, offering cost-saving solutions to customers.
FTAI has been in the news recently: FTAI Aviation's stock dropped 24% after allegations of financial manipulation were made by Muddy Waters Research, despite significant growth in sales since 2020. Additionally, legal scrutiny is increasing, with the Schall Law Firm investigating potential securities law violations and Glancy Prongay & Murray LLP filing a class action lawsuit for alleged misleading financial statements.
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