For the quarter ending 2026-03-31, FTAIM had $111,764K increase in cash & cash equivalents over the period. -$166,717K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income | 137,899 | 115,562 | 385,502 |
| Equity in losses of unconsolidated entities | -2,363 | 10,023 | -16,841 |
| Gain on sale of assets | - | 377,540 | - |
| Gain on sale of assets-Nonrelated Party | -202,228 | - | 294,761 |
| Gain on sale of assets to the 2025 partnership | - | 46,380 | - |
| Gain on sale of assets-Equity Method Investee | -34,915 | - | 50,083 |
| Gain on insurance recoveries | 44,595 | 0 | 54,325 |
| Security deposits and maintenance claims included in earnings | 1,783 | -4,038 | 24,919 |
| Loss on extinguishment of debt | - | 0 | 0 |
| Equity-based compensation | 6,347 | 5,674 | 16,059 |
| Non-cash termination fee to affiliate (issuance of ordinary shares) | - | 0 | 0 |
| Depreciation and amortization | 52,289 | 55,721 | 170,076 |
| Asset impairment | - | 0 | 0 |
| Deferred income taxes | 12,208 | -3,603 | 77,559 |
| Change in fair value of guarantees | -411 | -654 | -2,460 |
| Amortization of lease intangibles and incentives | 7,224 | 9,999 | 31,843 |
| Amortization of deferred financing costs | 3,054 | 3,039 | 8,772 |
| Provision for credit losses | - | 298 | 276 |
| Other | 1,649 | 3,460 | 710 |
| Accounts receivable | -28,787 | 3,457 | 38,968 |
| Inventory | 186,896 | 253,556 | 391,908 |
| Other assets | 121,135 | 72,773 | 64,011 |
| Accounts payable and accrued liabilities | 26,267 | 22,040 | 100,739 |
| Management fees payable to affiliate | 0 | 0 | -960 |
| Other liabilities | 23,536 | 22,924 | -22,568 |
| Net cash used in operating activities | -160,076 | -179,079 | -131,666 |
| Investment in unconsolidated entities | 1,246 | 139,848 | 188,698 |
| Return of capital from unconsolidated entities | - | 0 | 27,113 |
| Principal collections on finance leases | - | 0 | 1,580 |
| Principal collections on notes receivable | 1,565 | 2,352 | 4,328 |
| Acquisition of business, net of cash acquired | - | 11,952 | 37,133 |
| Acquisition of leasing equipment | 87,793 | 169,018 | 489,781 |
| Investments in financing receivables | 0 | 0 | 2,764 |
| Investment in promissory notes | 801 | 4,714 | - |
| Acquisition of property, plant and equipment | 6,641 | 10,201 | 17,511 |
| Acquisition of lease intangibles | 0 | -248 | 2,757 |
| Deposits for acquisition of leasing equipment | 37,121 | 7,280 | 58,646 |
| Proceeds from sale of assets-Nonrelated Party | 292,281 | 292,061 | 890,434 |
| Proceeds from sale of assets-Equity Method Investee | 117,345 | 44,862 | 485,108 |
| Proceeds from settlement of insurance claims | 27,040 | 0 | 54,325 |
| Proceeds from deposits on sale of leasing equipment | 6,959 | 880 | 6,405 |
| Return of deposits for acquisition of leasing equipment | 5,430 | 3,752 | 45,151 |
| Net cash provided by (used in) investing activities | 317,018 | 646 | 722,668 |
| Proceeds from debt | 125,000 | 50,000 | 430,000 |
| Repayment of debt | 125,000 | 50,000 | 430,000 |
| Payment of deferred financing costs | 0 | 0 | 524 |
| Receipt of security deposits under operating lease agreements | 100 | 664 | 4,490 |
| Return of security deposits under operating lease agreements | 558 | 796 | 3,469 |
| Receipt of maintenance deposits under operating lease agreements | 7,487 | 8,791 | 40,284 |
| Release of maintenance deposits under operating lease agreements | 5,323 | 85 | 5,452 |
| 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 | 0 |
| Settlement of equity-based compensation | 2,143 | 0 | 1,497 |
| Purchase of non-controlling interest shares | - | 0 | - |
| Redemption of preferred shares | 0 | 0 | 124,167 |
| Cash dividends - ordinary shares | 41,032 | 35,900 | 92,305 |
| Cash dividends - preferred shares | 3,709 | 3,710 | 13,533 |
| Net cash (used in) provided by financing activities | -45,178 | -31,036 | -196,173 |
| Net increase in cash and cash equivalents and restricted cash | 111,764 | -209,469 | 394,829 |
| Cash and cash equivalents and restricted cash, beginning of period | 300,626 | 510,095 | 115,266 |
| Cash and cash equivalents and restricted cash, end of period | 412,390 | 300,626 | 510,095 |
FTAI Aviation Ltd. (FTAIM)
FTAI Aviation Ltd. (FTAIM)