FTAI Aviation Ltd-A 2026年季度报告

☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch31, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____Commission file number001-37386 FTAI AVIATION LTD. (Exact name of registrant as specified in its charter) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 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 such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrantwas required to submit such files). YesNo 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 reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No There were 102,582,972 ordinary shares outstanding at April29, 2026. 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-looking statements are not statements of historical fact but instead are based on our present beliefs and assumptions and oninformation currently available 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 report are based upon our historical performance and on our current plans, estimatesand expectations in light of information currently available to us. The inclusion of this forward-looking information should not beregarded as a representation by us, that the future plans, estimates or expectations contemplated by us will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to our operations, financialresults, financial condition, business, prospects, growth strategy and liquidity. Accordingly, there are or will be important factors thatcould cause our actual results to differ materially from those indicated in these statements. The following is a summary of the principalrisk factors that make investing in our securities risky and may materially adversely affect our business, financial condition, results ofoperations and cash flows. This summary should be read in conjunction with the more complete discussion of the risk factors we face,which are set forth in Part II, Item 1A. “Risk Factors” of this report. We believe that these factors include, but are not limited to: •changes in economic conditions generally and specifically in our industry sectors, and other risks relating to the globaleconomy, including, but not limited to, the Russia-Ukraine conflict, war in the Middle East, and any related responses oractions by businesses and governments;•reductions in cash flows received from our assets, as well as contractual limitations on the use of our aviation assets tosecure debt for 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;•our ability to renew existing contracts and enter into new contracts with existing or potential lessees;•the availability and cost of capital for future acquisiti