For the year ending 2025-12-31, FTAIM had $185,360K increase in cash & cash equivalents over the period. -$338,457K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 501,064 |
| Equity in losses of unconsolidated entities | -6,818 |
| Gain on sale of assets | 377,540 |
| Gain on sale of assets to the 2025 partnership | 46,380 |
| Gain on insurance recoveries | 54,325 |
| Security deposits and maintenance claims included in earnings | 20,881 |
| Loss on extinguishment of debt | 0 |
| Equity-based compensation | 21,733 |
| Non-cash termination fee to affiliate (issuance of ordinary shares) | 0 |
| Depreciation and amortization | 225,797 |
| Asset impairment | 0 |
| Deferred income taxes | 73,956 |
| Change in fair value of guarantees | -3,114 |
| Amortization of lease intangibles and incentives | 41,842 |
| Amortization of deferred financing costs | 11,811 |
| Provision for credit losses | 574 |
| Other | 4,170 |
| Accounts receivable | 42,425 |
| Inventory | 645,464 |
| Other assets | 136,784 |
| Accounts payable and accrued liabilities | 122,779 |
| Management fees payable to affiliate | -960 |
| Other liabilities | 356 |
| Net cash (used in) provided by operating activities | -310,745 |
| Investment in unconsolidated entities | 328,546 |
| Return of capital from unconsolidated entities | 27,113 |
| Principal collections on finance leases | 1,580 |
| Principal collections on notes receivable | 6,680 |
| Acquisition of business, net of cash acquired | 49,085 |
| Acquisition of leasing equipment | 658,799 |
| Investments in financing receivables | 2,764 |
| Acquisition of property, plant and equipment | 27,712 |
| Acquisition of lease intangibles | 2,509 |
| Investment in promissory notes | 4,714 |
| Deposits for acquisitions of leasing equipment | 65,926 |
| Proceeds from sale of assets-Nonrelated Party | 1,182,495 |
| Proceeds from sale of assets-Equity Method Investee | 529,970 |
| Proceeds from settlement of insurance claims | 54,325 |
| Proceeds from deposits on sale of leasing equipment | 7,285 |
| Return of deposits for acquisition of leasing equipment | 48,903 |
| Net cash provided by (used in) investing activities | 723,314 |
| Proceeds from debt | 480,000 |
| Repayment of debt | 480,000 |
| Payment of deferred financing costs | 524 |
| Receipt of security deposits under operating lease agreements | 5,154 |
| Return of security deposits under operating lease agreements | 4,265 |
| Receipt of maintenance deposits under operating lease agreements | 49,075 |
| Release of maintenance deposits under operating lease agreements | 5,537 |
| Proceeds from issuance of ordinary shares, net of underwriter's discount | 0 |
| Proceeds from issuance of preferred shares, net of underwriter's discount and issuance costs | 0 |
| Capital contributions from non-controlling interests | 0 |
| Settlement of equity-based compensation | 1,497 |
| Purchase of non-controlling interest shares | 0 |
| Redemption of preferred shares | 124,167 |
| Cash dividends - ordinary shares | 128,205 |
| Cash dividends - preferred shares | 17,243 |
| Net cash (used in) provided by financing activities | -227,209 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | 185,360 |
| Cash and cash equivalents and restricted cash, beginning of period | 115,266 |
| Cash and cash equivalents and restricted cash, end of period | 300,626 |
FTAI Aviation Ltd. (FTAIM)
FTAI Aviation Ltd. (FTAIM)