Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 8.4% in the afternoon session after BTIG analyst Andre ...
FTAI Aviation strongly disagrees with Muddy Waters' short report, citing manipulation and defending the stock against a ...
Further, Muddy Waters alleges that FTAI improperly depreciates engines that are not on lease, which artificially inflates its earnings before interest, taxes, depreciation, and amortization (EBITDA).
These alleged misrepresentations were brought to light on January 15, 2025, when the prominent short-selling firm Muddy Waters Research published a scathing report. The report accused FTAI of ...
The aerospace lessor and maintenance company said an investigation into allegations made by Muddy Waters could delay its ...
The complaint alleges that in reality, the majority of FTAI Aviation's adjusted EBITDA in the Aerospace Products segment comes from gains on sales, which are less recurring in nature, and that FTAI ...
FTAI has had a strong run, rising 154% since the beginning of 2024, outperforming the broader markets. However, looking at a ...
Shares of FTAI Aviation plummeted more than 30% on Tuesday after the U.S. aircraft lessor announced that its audit committee would investigate claims of financial irregularities made by short-seller ...
FTAI Aviation (NASDAQ:FTAI) said it "strongly" disagrees with the assertions in the Muddy Waters short report on Wednesday. "The Company believes that the recent report by Muddy Waters is an ...
FTAI said it strongly disagrees with the report's claims, but will likely need time to review them thoroughly as it prepares audited financial statements for fiscal 2024. As a result, the filing of ...
FTAI) jumped 8.2% in the pre-market session after the company responded to Muddy Waters's short report, saying that it "...believes that the recent report by Muddy Waters is an attempt to profit ...