Overview

A class action lawsuit has been filed against FTAI Aviation Ltd. (“FTAI” or the “Company”) (NASDAQ: FTAI) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws.  The FTAI class action lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired FTAI securities between July 23, 2024, and January 15, 2025, both dates inclusive (the “Class Period”).  Investors have until March 18, 2025, to seek appointment as lead plaintiff in the Block class action lawsuit.

FTAI owns and acquires aviation and offshore energy equipment.  It operates through two segments, Aviation Leasing and Aerospace Products.  The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.  The Aerospace Products segment allegedly develops, manufactures, repairs, and sells aircraft engines and aftermarket components for aircraft engines.

The FTAI class action lawsuit alleges that during the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects.  Specifically, Defendants failed to disclose to investors that: (1) the Company reported one-time engine sales as Maintenance Repair & Overhaul revenue when FTAI only performs limited repair and maintenance work on the engine assets sold; (2) FTAI presents whole engine sales as individual module sales, thereby overstating sales and demand; (3) the Company depreciates engines that are not on lease, which misleadingly lowers the reported cost of goods sold and inflates EBITDA; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

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If you purchased or otherwise acquired FTAI securities between July 23, 2024 and January 15, 2025, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected]. 

The deadline to apply to the Court to serve as lead plaintiff in the FTAI class action lawsuit is March 18, 2025.