FTAI Aviation Announces Sale of Offshore Energy Vessels, Continuing Focus on Providing Power for the Aftermarket
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FTAI Aviation Ltd. has sold its remaining offshore energy vessels for $143 million, reinforcing its focus on the aftermarket services for CFM56 and V2500 engine programs.
December 03, 2024 | 9:30 pm
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FTAI Aviation Ltd. has sold its remaining offshore energy vessels for $143 million, allowing the company to concentrate on its core business of providing aftermarket services for CFM56 and V2500 engines.
The sale of non-core assets like offshore energy vessels allows FTAI to focus on its core business, which could lead to improved operational efficiency and profitability. This strategic move is likely to be viewed positively by investors, potentially boosting the stock price in the short term.
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