FTAI Aviation Ltd. Files 8-K on Financial Condition
Ticker: FTAIN · Form: 8-K · Filed: Jul 24, 2024 · CIK: 1590364
| Field | Detail |
|---|---|
| Company | Ftai Aviation Ltd. (FTAIN) |
| Form Type | 8-K |
| Filed Date | Jul 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, preferred-shares, disclosure
TL;DR
FTAI Aviation filed an 8-K detailing preferred share series, check financials.
AI Summary
FTAI Aviation Ltd. filed an 8-K on July 24, 2024, reporting on its results of operations and financial condition as of July 23, 2024. The filing details various series of preferred shares, including the Eight25 Fixed-to-Floating Rate Series A Cumulative Perpetual Redeemable Preferred Shares, the Nine50 Fixed Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares, the Eight00 Fixed-to-Floating Rate Series B Cumulative Perpetual Redeemable Preferred Shares, and the Eight25 Fixed Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares.
Why It Matters
This 8-K filing provides crucial updates on FTAI Aviation Ltd.'s financial condition and operational results, impacting investor understanding of the company's preferred share structures.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of financial information and does not indicate any immediate or significant risks to the company.
Key Players & Entities
- FTAI Aviation Ltd. (company) — Filer of the 8-K report
- 0001140361-24-033916 (document_id) — Accession number for the filing
- 20240724 (date) — Filing date of the 8-K
- 20240723 (date) — Period of report date
- Eight25 Fixed-to-Floating Rate Series A Cumulative Perpetual Redeemable Preferred Shares (security) — One of the preferred share series detailed
- Nine50 Fixed Rate Reset Series D Cumulative Perpetual Redeemable Preferred Shares (security) — One of the preferred share series detailed
- Eight00 Fixed-to-Floating Rate Series B Cumulative Perpetual Redeemable Preferred Shares (security) — One of the preferred share series detailed
- Eight25 Fixed Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares (security) — One of the preferred share series detailed
FAQ
What is the primary purpose of this 8-K filing by FTAI Aviation Ltd.?
The primary purpose is to report on the company's results of operations and financial condition as of July 23, 2024.
When was this 8-K filing submitted to the SEC?
The filing was submitted on July 24, 2024.
Which specific series of preferred shares are mentioned in the filing?
The filing mentions the Eight25 Fixed-to-Floating Rate Series A, Nine50 Fixed Rate Reset Series D, Eight00 Fixed-to-Floating Rate Series B, and Eight25 Fixed Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares.
What is the Central Index Key (CIK) for FTAI Aviation Ltd.?
The CIK for FTAI Aviation Ltd. is 0001590364.
What is the Standard Industrial Classification (SIC) code for FTAI Aviation Ltd.?
The SIC code is 7350, categorized under SERVICES-MISCELLANEOUS EQUIPMENT RENTAL & LEASING.
Filing Stats: 629 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-07-23 19:03:27
Key Financial Figures
- $0.01 — h registered : Class A Common shares, $0.01 par value per share FTAI The Nasdaq
Filing Documents
- ef20032834_8k.htm (8-K) — 34KB
- ef20032834_ex99-1.htm (EX-99.1) — 313KB
- image0.jpg (GRAPHIC) — 36KB
- 0001140361-24-033916.txt ( ) — 613KB
- ftai-20240723.xsd (EX-101.SCH) — 5KB
- ftai-20240723_def.xml (EX-101.DEF) — 19KB
- ftai-20240723_lab.xml (EX-101.LAB) — 30KB
- ftai-20240723_pre.xml (EX-101.PRE) — 22KB
- ef20032834_8k_htm.xml (XML) — 11KB
02
Item 2.02. Results of Operations and Financial Condition. On July 23, 2024, FTAI Aviation Ltd. ("FTAI" or the "Company") issued a press release announcing the Company's results for its fiscal quarter ended June 30, 2024. A copy of the Company's press release is attached to this Current Report on Form 8-K (the "Current Report") as Exhibit 99.1 and is incorporated herein solely for purposes of this Item 2.02 disclosure. This Current Report, including the exhibit attached hereto, is being furnished and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release, dated July 23, 2024, issued by FTAI Aviation Ltd. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FTAI Aviation Ltd. By: /s/ Eun (Angela) Nam Name: Eun (Angela) Nam Title: Chief Financial Officer and Chief Accounting Officer Date: July 23, 2024