Why FTAI Aviation Shares Are Trading Higher

Comments
Loading...
Zinger Key Points

FTAI Aviation Ltd FTAI shares are trading higher by 7.14% to $142.45 during Wednesday’s session after the company secured $2.5 billion of asset-level debt financing.

What To Know: FTAI Aviation has secured a $2.5 billion asset-level debt financing commitment for its Strategic Capital Initiative, led by ATLAS SP Partners and Deutsche Bank.

The funding will enable SCI to deploy over $4 billion into mid-life, on-lease Boeing 737NG and Airbus A320ceo aircraft while maintaining an asset-light model.

FTAI's Maintenance, Repair and Exchange business will exclusively support the engines through exchanges. CEO Joseph P. Adams emphasized the company’s expansion in the $22 billion aerospace maintenance sector, while ATLAS SP executives highlighted strong industry tailwinds and future financing opportunities.

Read Also: FTAI Aviation Shares Surge After Resolving Short Seller Allegations

How To Buy FTAI Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in FTAI Aviation case, it is in the Industrials sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, FTAI has a 52-week high of $181.64 and a 52-week low of $54.84.

Market News and Data brought to you by Benzinga APIs

Posted In: