FTAI Aviation: Tale Of Three Headlines

FTAI Aviation remains a Buy as the market misinterprets headline results, overlooking robust MRE and power segment growth. FTAI's transition from balance-sheet leasing to fee-based management via SCI funds creates short-term noise but unlocks capital for higher-growth segments. MRE (maintenance, repair & exchange) and the new power business drive upward estimate revisions, with 2027 guidance materially above initial forecasts. Valuation now offers 16% upside for YE26 and over 100% for 2027, with risks centered on power segment order execution and leasing transition.