Jason Holcomb's questions to FTAI Aviation Ltd (FTAI) leadership • Q3 2024
Question
Jason Holcomb from Morgan Stanley requested an update on the V2500 engine program, including induction progress, output from shops, and customer demand beyond LATAM. He also asked for the number of CFM56 modules sold in the quarter.
Answer
COO David Moreno confirmed the V2500 program is progressing well, with turnaround times on target at 90-120 days and a committed pipeline for engines coming out of the shop. He noted the LATAM program has started and that FTAI has secured two large North American airlines for 20+ engines. CEO Joe Adams declined to provide the specific number of CFM56 modules sold, citing commercial sensitivity.