FTAI Aviation Prices $612 Million Inaugural Aircraft-Backed Securitization
FTAI•FTAI Aviation has priced $612 million of asset-backed notes secured by 48 A320ceo and 737NG aircraft leased to 23 airlines, with Series A expected to receive Asf/A(sf) ratings and Series B at BBB+sf, closing on June 4, 2026. The funding draws from its $2.0 billion Strategic Capital vehicle owning 292 jets.
1. Inaugural Asset-Backed Securitization
FTAI Aviation priced $612 million of asset-backed notes secured by 48 A320ceo and 737NG jets leased to 23 airlines. Series A notes are expected to receive Asf/A(sf) ratings while Series B notes are slated for BBB+sf, with both classes significantly oversubscribed ahead of the June 4, 2026 closing.
2. Strategic Capital Vehicle Background
The issuance is funded through FTAI’s first Strategic Capital vehicle, which secured $2.0 billion in equity commitments in October 2025 and holds 292 aircraft. This move diversifies FTAI’s financing sources and deepens its presence in ABS markets, leveraging its narrowbody portfolio and engine maintenance expertise.
