FTAI Extends United Airlines Maintenance Partnership With Multi-Year Engine Deal
FTAI and United expands its engine exchange deal while technical pressure and weak market momentum stay in focus.
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Macquarie Initiates Coverage On FTAI Aviation with Outperform Rating, Announces Price Target of $305
Macquarie analyst Marni Lysaght initiates coverage on FTAI Aviation (NASDAQ:FTAI) with a Outperform rating and announces Price Target of $305.
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FTAI and United Airlines Expand Engine Exchange Program to CFM56-7B
FTAI Aviation announced a multi-year Maintenance, Repair and Exchange (MRE) agreement with United Airlines, expanding an existing V2500 engine exchange program to include CFM56-7B engines. Under the program, FTAI delivers serviceable engines ahead of United's scheduled removals and purchases the unserviceable engines, eliminating traditional shop visits and reducing maintenance costs and downtime for United's Boeing 737 NG fleet.