FTAI Aviation Ltd. Announces Closing of QuickTurn Europe Joint Venture

Provided By GlobeNewswire

Last update: Jun 5, 2025

NEW YORK and ROME, June 05, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (Nasdaq: FTAI) (“FTAI” or the “Company”) today announced that it has closed its previously announced acquisition of a 50% ownership stake in IAG Engine Center Europe S.r.l. (“IAG Engine Center”), an Italian company operating a 200,000 square-foot CFM56 engine maintenance repair and overhaul facility located at the Rome Fiumicino Airport, which has been rebranded Quick Turn Engine Center Europe S.r.l., or “QuickTurn Europe.”