Press release
FTAI Aviation Partners with Finnair to Provide Perpetual Power Engine Exchanges
NEW YORK and HELSINKI, Oct. 13, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) has signed a multi-year Perpetual Power Agreement with Finnair Plc
About this update from Ftai Aviation Ltd.
[{"type":"text","content":"NEW YORK and HELSINKI, Oct. 13, 2025 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) has signed a multi-year Perpetual Power Agreement with Finnair Plc (“Finnair”), covering 36 CFM56-5B engines, to provide engine exchanges in lieu of shop visits to enhance flexibility, fleet reliability and maintenance cost predictability. FTAI’s innovative Perpetual Power Program provides airlines with bespoke solutions to manage their fleets by avoiding costly engine shop visits, reducing downtime, and adding flexibility to make fleet decisions on their own terms through guaranteed engine availability. Leveraging FTAI’s extensive in-house maintenance capabilities to provide serviceable engines, the program supports Finnair targets for reliability and cost-efficiency in flight operations. “Perpetual Power is about cost savings and flexibility,” said David Moreno, Chief Operating Officer at FTAI Aviation. “Instead of being dependent on long, expensive overhauls, airlines can rely on FTAI for immediate engine exchange solutions that save money and keep their fleets operating at optimal utilization.” Christine Rovelli, Chief Revenue Officer at Finnair, said, “This agreement with FTAI strengthens our ability to adapt as our fleet evolves. By securing access to a flexible engine program, we can better manage maintenance costs, improve reliability, and continue to deliver a reliable product to our customers.” About FTAI Aviation Ltd. FTAI is a leading provider of aftermarket power for the CFM56 and V2500 engines which fly on the world’s most widely used commercial aircraft. FTAI’s differentiated Maintenance, Repair and Exchange (“MRE”) product offers cost savings and flexibility to airlines and asset owners through the lease, sale and exchange of refurbished serviceable engines and modules. In addition, FTAI manages and co-invests in on-lease narrowbody aircraft in partnership with institutional investors through its Strategic Capital Initiative. About Finnair Plc Finnair is a network airline, specialising in connecting passenger and cargo traffic between Asia, North America and Europe. Finnair is the only airline with year-round direct flights to Lapland. Customers have chosen Finnair as the Best Airline in Northern Europe in the Skytrax Awards for 15 times in a row. Finnair is a member of the oneworld alliance. Finnair Plc’s shares are quoted...