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FTAI
USIndustrials · Trading Companies & Distributors
Each weekday: the watchlist of pullbacks inside uptrends, every new ticker teardown, and the bubble shifts that move names like this one. Free. Education, not advice.
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Structural: aftermarket aviation play levered to the CFM56 installed base (~14k engines in service). Retirement of NG/ceo fleets is delayed by MAX and neo production shortfalls at $BA and $AIR, extending USM demand 5-10 years. Module Factory converts whole-engine teardowns into module swaps at 30-40% gross margins vs traditional MRO shop visits.
Lease book provides recurring cash; Aerospace Products is the growth + multiple driver.
MAX/neo delivery slip extends CFM56 service life; Module Factory scaling 3x by 2027; PMA parts approvals expand TAM; SCM joint venture with sovereign capital removes balance-sheet drag; high-margin parts mix re-rates multiple toward aftermarket peers; airline customers prefer module swap economics vs full overhaul.
2024 short-seller report alleged accounting aggressiveness on Module Factory revenue recognition; lease residuals exposed to CFM LEAP ramp if $GE accelerates production; leverage elevated post-spinoff; concentration in single engine family; cyclical exposure to airline capex; SEC inquiry overhang lingered into 2025.
It reads our $FTAI data (thesis, key levels, peers, a year of prices) and any chart screenshot you paste, then explains the setup in plain English. Free with an email login, 5 questions a day. Education only: it never tells you to buy or sell, and it can be wrong, so check the numbers.
Long-form analysis touching FTAI
High-signal only
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.
Auto-computed retracement of the trailing 52w low-high leg. Recomputed on each refresh; not a curated level.