FTAI

United Airlines has expanded its partnership with FTAI Aviation Ltd. to include an engine exchange program for CFM56-7B engines on its Boeing 737 NG fleet. The multi-year agreement aims to reduce aircraft downtime, improve fleet utilization, and stabilize maintenance costs. FTAI will acquire unserviceable engines for its MRO network while supplying serviceable replacements, creating growth opportunities for both companies, though FTAI's financial benefits will depend on contract margins and refurbishment costs.

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.

FTAI Aviation announced the acquisition of 27 Boeing 737-700 aircraft from WestJet, marking one of its largest aircraft transactions. The deal includes a sale-leaseback of 17 aircraft through FTAI's 2026 SPV (Strategic Capital's second investment vehicle) and the acquisition of 10 off-lease aircraft to support FTAI's Aerospace Products business, expanding its CFM56-7B engine supply.