FTAI航空有限公司—2025年季度报告

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).YesþNo¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨ FORWARD-LOOKING STATEMENTS AND RISK FACTORS SUMMARY This report contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-lookingstatements are not statements of historical fact but instead are based on our present beliefs and assumptions and on information currentlyavailable to us. You can identify these forward-looking statements by the use of forward-looking words such as “outlook,” “believes,” “expects,”“potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “approximately,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “target,”“projects,” “contemplates” or the negative version of those words or other comparable words. Any forward-looking statements contained in this Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financial results,financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors that could cause ouractual results to differ materially from those indicated in these statements. The following is a summary of the principal risk factors that make •changes in economic conditions generally and specifically in our industry sectors, and other risks relating to the global economy,including, but not limited to, the Russia-Ukraine conflict, and any related responses or actions by businesses and governments;•reductions in cash flows received from our assets, as well as contractual limitations on the use of our aviation assets to secure debtfor borrowed money;•our ability to take advantage of acquisition opportunities at favorable prices;•our ability to realize the anticipated benefits of our strategic initiatives;•a lack of liquidity surrounding our assets, which could impede our ability to vary our portfolio in an appropriate manner;•the relative spreads between the yield on the assets we acquire and the cost of financing;•adverse changes in the financing markets we access affecting our ability to finance our acquisitions;•customer or lessee defaults on their obligations; •risks relating to the Company entering into an Internalization Agreement (the “Internalization Agreement”) with FIG LLC (the “FormerManager”) and the impact on the Company’s management functions and business operations; These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included inthis report. The forward-looking statements made in this report relate only to events as of the date on which the statements are made. We do not If one or more of these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, our actual results mayvary materially from what we may have expressed or implied by these forward-looking statements. We caution that you should not place undue FTAI AVIATION LTD.CONSOLIDATED BALANCE SHEETS FTAI AVIATION LTD.CONSOLIDATED STATEMENTS OF OPERATIONS(unaudited) FTAI AVIATION LTD.CONSOLIDATED STATEMENTS OF CASH FLOWS(unaudited) FTAI AVIATION LTD.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(unaudited)(Dollars in tables in thousands, unless otherwise noted) 1. ORGANIZATION FTAI Aviation Ltd. is a Cayman Islands exempted company, which through its subsidiaries, is a leading full-service provider for CFM56-5B,CFM56-7B and V2500 aircraft engines, which power the majority of the world’s fleet of narrowbody aircraft. We own and lease aircraft andengines to airlines and asset owners globally. Additionally, we repair and sell refurbished engines and aftermarket components of engines as well Our engine maintenance activities are performed at our owned maintenance facilities in Montréal and Miami which total over700,000square feetin size and at lo